official authorities for various reasons, in financial development convergence. Using panel data from 156 countries over the … development convergence weakens, and eventually can turn out to be divergence. This finding suggests that policies addressing … show that higher informality is also associated with weaker income convergence across countries over time. …

This study investigates whether there is convergence among Islamic countries with respect to the relationship between … Fourier Panel KPSS Stationarity Test to examine the convergence hypothesis for four indicators of Islamic financial markets … Contribution Volume. Our analysis reveals that only IFAV exhibits convergence, while the other indicators do not. We also evaluate …