Skořepa, Michal - Institut ekonomických studií, Univerzita Karlova v Praze - 2011
as used so far is that it provides no room for long-term real income convergence - a frequently observed process that can … suggested that is sensitive to any real convergence (or divergence) between the two economies under study. Estimation of this … convergence-sensitive OCA index for a sample of OECD economies yields an intuitively plausible result: real convergence gains on …