Question 1: The Bare Necessities. (i) In the real world, between 1960 and 2006 the growth rate of real GDP per capita across countries shows little or NO relation to the level of real per capita GDP ...
During a major crisis, the transitional dynamics of conditional convergence are unlikely to apply. In this paper, we introduce a Markov chain approach which integrates the study of crises and ...
We consider statistical tests concerning various relationships between two absolute concentration curves (ACCs). In particular, we consider tests for determining if the two ACCs coincide, if one is ...
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