Abstract
Time-varying parameter techniques are commonly used to examine whether convergence in income has been a stable process. This article incorporates additional local features to a model studying 14 EU countries, thereby providing better estimates of the current state of the system when the relative income series are highly nonlinear.
| Original language | English |
|---|---|
| Pages (from-to) | 363-365 |
| Number of pages | 3 |
| Journal | Applied Economics Letters |
| Volume | 15 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - 2008 |
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