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national economies, thus entailing some convergence. The early pandemic has been followed by intentions to digitalize, which … digitalization as a global phenomenon and the pandemic as an external enabler that has promoted catching up and convergence in …
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convergence, then growth, say, from technological progress will be lower than we find in the data and, hence, r ∗ will be lower …. Ignoring convergence upwardly biases our estimates of r ∗ . We extend the New Keynesian small open economy model to take … account of convergence. The model is estimated with Bayesian techniques for four emerging economies in Central and Eastern …
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characterize the period 2000-2020 as an "age of convergence" (Milanovic, 2022), others argue that global inequality has remained … inequality did fall between 2000 and 2020, this trend was not the result of a truly global convergence process involving all …
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