Convergence towards a Steady State Distribution

The convergence literature frequently presupposes some unidentified steady state distribution. This paper presents a new method to identify the presence and rate of convergence to a steady state distribution. The method is illustrated with application to UK regional male wages.

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Year of publication:	2005-01
Authors:	Webber, Don J ; White, Paul
Institutions:	Department of Accounting, Economics and Finance, Bristol Business School
Subject:	Convergence \| Steady state \| Average UK regional male wages

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 0502 6 pages
Classification:	C1 - Econometric and Statistical Methods: General ; O4 - Economic Growth and Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005700236