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We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence …
Persistent link: https://www.econbiz.de/10011672943
The growing divergence in U.S. employee relations is described through a review of national and state-level changes to … described. An analysis of changes to state employment policies since 2000 shows an increasing ideologically driven divergence …. Instability and divergence are major features of the U.S. system of employee relations that require additional scrutiny. …
Persistent link: https://www.econbiz.de/10011984279
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What …
Persistent link: https://www.econbiz.de/10011994330
divergence between developed and underdeveloped economies. …
Persistent link: https://www.econbiz.de/10012001938
International literature suggests that productivity growth of the global frontier firms – those in the best five percent – has diverged from the others during the 2000s. We study this issue using Finnish firm-level data. We find that the productivity of the Finnish frontier firms does not...
Persistent link: https://www.econbiz.de/10012037697
The economies of European countries have been undergoing constant turbulence for several years. This is the consequence of a range of factors, in particular: the 2007 crisis; violations of the convergence criteria and fiscal discipline; problems with the liquidity of international financial...
Persistent link: https://www.econbiz.de/10011922416
are used to describe the performance of parametrized test families in testing a simple null hypothesis against a simple … leads to a new interpretation of some well-known classes of distortion risk measures, and to a new notion of divergence …
Persistent link: https://www.econbiz.de/10014621262
The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive V-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the cross-sectional...
Persistent link: https://www.econbiz.de/10010265006
This paper investigates the phenomenon of persistent macroeconomic divergence that has occurred across the eurozone in … clear that the regime features powerful built-in destabilizers that foster divergence as well as fragility. Supposed … business cycle desynchronization and related build-up of financial imbalances. The threats of fragility and divergence …
Persistent link: https://www.econbiz.de/10010266502
contraction. However, until now expansion and divergence have characterized human use of nature throughout history: Humankind has …
Persistent link: https://www.econbiz.de/10010266908