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We apply several recently proposed tests for structural breaks in conditional variance and covariance dynamics. The tests apply to both the class of ARCH and SV type processes and allow for long memory features. We also apply them to data-driven volatility estimators using high-frequency data...
Persistent link: https://www.econbiz.de/10005100985
analyze the effect of the splitting of the sample period on the one hand, and the impact of the aggregation on the other hand …
Persistent link: https://www.econbiz.de/10005056504
critère de synchronisation des cycles : l'intensité commerciale et la convergence budgétaire des pays membres. Dans ce papier …, nous analysons dans une perspective empirique le rôle des Unions Économiques et Monétaires africaines dans la convergence … Communautés Économiques Régionales (CER) en matière d'accélération de la convergence des indicateurs budgétaires. Ces résultats …
Persistent link: https://www.econbiz.de/10014000865
This article by Edward N. Wolff of New York University examines trends in convergence in OECD countries toward U … investment, education, and R&D in OECD countries accounting for the catch-up. The process of convergence seems to have ended in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given …
Persistent link: https://www.econbiz.de/10005518976
de convergence/divergence des activités de production utilise le cadre théorique sur la convergence des économies … internationales. L’hétérogénéité des comportements est mise en évidence via la vitesse de convergence. Cette dernière est mise en … convergence des contributions aux inégalités : -0.2%, 0.2% et 0.1% respectivement dans le cadre de l’UE-15, l’UE- 25 et l’UE-32 …
Persistent link: https://www.econbiz.de/10005422858
The study aims at examining the assumption of a “Barcelona agreement” effect on the convergence of Morocco economy. The … concept of convergence will be approached according three logics: convergence of Morocco economy towards its own steady state … indicator, the β-convergence and the σ-convergence.. …
Persistent link: https://www.econbiz.de/10005395063
Persistent link: https://www.econbiz.de/10005406542
Persistent link: https://www.econbiz.de/10005406607
Persistent link: https://www.econbiz.de/10005062884
living, the postwar productivity convergence experience among OECD countries, price cap regulation and productivity growth …
Persistent link: https://www.econbiz.de/10005650237