Riedel, Jana - Verein für Socialpolitik - VfS - 2013
We analyze real interest rate convergence among six industrialized countries in between 1975M1-2011M3 within a multi … the number of stochastic components over time, which can be interpreted as confirmation of the convergence hypothesis. We … observe rapid convergence during the late 1970s and 1980s, followed by slower transition since the mid-1990s when financial …