Results 291 to 300 of about 432,061 (340)

Economic convergence in the EU and Eurozone

Journal of Economic Studies, 2019
Purpose The purpose of this paper is to analyse whether several groups of European countries are on track for real “conditional” economic convergence in per capita income and the likely speed of convergence. The paper focusses also on the changes of the convergence processes over time.
Marelli Enrico, Parisi Maria Laura, Signorelli Marcello   +2 more
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On the local convergence of economic mechanisms

Journal of Economic Theory, 1986
For certain informationally decentralized economic models, it is known that the associated dynamical process need not be locally stable. In this paper, the causes of the conflict between the local stability of the process and the decentralizing of information are identified. This motivates a resolution for this problem.
Steven Williams, Donald G. Saari
openaire   +3 more sources

ECONOMIC CONVERGENCE VS. SOCIO-ECONOMIC CONVERGENCE IN SPACE [PDF]

, 2006
This paper aims to present a new analysis framework for assessing disparities among regions (or countries). It combines both economic and social variables, where the economic attributes refer in particular to marked differences in consumption variables. This analysis is also appealing for spatial convergence analyses over time.
CUFFARO, Miranda, CRACOLICI, Maria Francesca, NIJKAMP P.   +2 more
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Economic growth and convergence in Germany

Weltwirtschaftliches Archiv, 1995
The empirical analysis gives clear evidence of regional convergence in West Germany: poorer regions tend to grow faster than richer ones. In the period 1957–88, the speed of convergence was around 4 percent per year, implying a halving of the difference between actual and steady-state income every 16 years.
Herz, Bernhard, Röger, Werner
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Credibility of European economic convergence

Weltwirtschaftliches Archiv, 1998
Credibility of European Economic Convergence. — The authors analyze economic convergence and its relation to European real interest rate differentials using a clustering method on seven macroeconomic key variables for 1979–1995. The results indicate that monetary convergence has progressed considerably but that there is hardly any real convergence in ...
Koedijk, Kees G., Kool, Clemens J. M., Groeneveld, Johannes M.   +2 more
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Bayesian Learning, Shutdown and Convergence

SSRN Electronic Journal, 2010
This article investigates a partial equilibrium production model with dynamic information aggregation. Firms apply Bayesian learning to estimate the unknown model parameter. In the baseline setting, where prices and quantities are supported by the real line and the noise term is Gaussian, convergence of the limited information to the full information ...
Leopold Sögner, Leopold Sögner
openaire   +5 more sources

Globalization and Economic Convergence

Competition & Change, 1997
Convergence among national economies is viewed by a growing number of observers as an inevitable result of increasing global integration of product and financial markets. Yet there is reason to doubt that globalization has yet brought about, or will in the future bring about, the degree of convergence assumed by some.
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The Convergence of Economic Developments

Studies in Nonlinear Dynamics & Econometrics, 2012
After an introduction on the mathematical memory formalisms and on their use in many branches of science, we consider a model the evolutions of m > 2 economies yi(t), where we assume that their interaction is based on the differences of the values of their evolution status.
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Converging Economic Destinies

Current History, 2014
Multitudes are escaping poverty in developing nations while rich economies stagnate.
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Discounting, inequality and economic convergence

Journal of Environmental Economics and Management, 2015
The aim of this paper is to examine the impact of inequalities and economic convergence on the efficient discount rate when international credit and risk-sharing markets are inefficient. We consider an economy in which initial consumption levels and growth expectations are heterogeneous.
openaire   +3 more sources