A strong private equity (PE) market is a cornerstone for commercialization and innovation in modern economies. However, substantial differences exist in the relative amounts raised and invested in PE across European countries. We investigate the macroeconomic determinants of PE investment in...

The objective of this article is to address the question of convergence across German districts in the first decade after German unification by drawing out and emphasizing some stylized facts of regional per capita income dynamics. We achieve this by employing nonparametric techniques which...