In this paper we examine long-run house price convergence across US states using a novel econometric approach advocated … convergence based on the percentage of unit root rejections among all state house price differentials. Using a sieve bootstrap … procedure, we construct confidence intervals and find evidence in favour of convergence. We also conclude that speed of …

In this paper we examine long-run house price convergence across US states using a novel econometric approach advocated … convergence based on the percentage of unit root rejections among all state house price differentials. Using a sieve bootstrap … procedure, we construct confidence intervals and find evidence in favour of convergence. We also conclude that speed of …

Long-run income convergence is investigated in the US context. We employ a novel pair-wise econometric procedure based … on a probabilistic definition of convergence. The time-series properties of all the possible regional income pairs are … distinguish between the cases of strong convergence, where the implied cointegrating vector is [1,-1], and weak convergence, where …

Long-run income convergence is investigated in the US context. We employ a novel pair-wise econometric procedure based … on a probabilistic definition of convergence. The time-series properties of all the possible regional income pairs are … distinguish between the cases of strong convergence, where the implied cointegrating vector is [1,-1], and weak convergence, where …

We examine long-run house price convergence across the twenty Paris districts using a quarterly dataset that spans from … econometric modelling exercise adopts a pair wise approach that is built on a probabilistic test for convergence based on all … that can be computed are stationary. In the second stage of our investigation, we analyse the drivers of convergence. The …