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Convergence towards a Steady State Distribution

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Author Info
Don J Webber () (School of Economics, University of the West of England)
Paul White (Faculty of Computing, Engineering and Mathematical Sciences, University of the West of England)

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Abstract

The convergence literature frequently presupposes some unidentified steady state distribution. This paper presents a new method to identify the presence and rate of convergence to a steady state distribution. The method is illustrated with application to UK regional male wages.

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File URL: http://carecon.org.uk/DPs/0502.pdf
File Format: application/pdf
File Function: First version, 2005
Download Restriction: no

Publisher Info
Paper provided by University of the West of England, Department of Economics in its series Discussion Papers with number 0502.

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Length: 6 pages
Date of creation: Jan 2005
Date of revision:
Handle: RePEc:uwe:wpaper:0502

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Web page: http://www.uwe.ac.uk/bbs/acad/econ/econ.shtml
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Related research
Keywords: Convergence; Steady state; Average UK regional male wages;

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Find related papers by JEL classification:
C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General
O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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This page was last updated on 2009-11-24.

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