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Convergence of International Output Movements

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NBER1991-05-01 更新2025-01-04 收录
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This paper explores the convergence of real per capita output in advanced industrialized economies. We start by observing that in a stochastic environment. convergence in per capita GDP requires that permanent shocks to one econ~ be associated with permanent shocks to other economies. Convergence is

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1991-05-01
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