This paper discusses beta and sigma convergence of commercial, savings, and cooperative banks in the Eurozone from 1999 to 2012. For this purpose, concepts of the growth and efficiency convergence literature are consulted and GMM, fixed effects models, and OLS are applied. Convergence is...

Purpose The purpose of this study is to empirically assess the relationship between Islamic banking presence in Southeast Asian countries and the economic growth. Design/methodology/approach The presence of Islamic banks is measured by the ratio of Islamic to conventional banking assets as well...

Whether or not seniority has a substantial effect on wages has been the subject of much controversy. ALTONJI and SHAKOTKO (1987) and TOPEL (1991) have put forward different empirical strategies to deal with unobserved heterogeneity. Their methods yield different results for the U.S. labor...