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Convergence towards a steady-state distribution

Webber, Don J.; White, Paul

Authors

Don J. Webber

Paul White Paul.White@uwe.ac.uk
Professor in Applied Statistics



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. © 2006 Elsevier B.V. All rights reserved.

Journal Article Type Article
Publication Date Mar 1, 2007
Journal Economics Letters
Print ISSN 0165-1765
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 94
Issue 3
Pages 338-341
DOI https://doi.org/10.1016/j.econlet.2006.08.015
Keywords convergence, steady state, average UK regional male wages
Public URL https://uwe-repository.worktribe.com/output/1029597
Publisher URL http://dx.doi.org/10.1016/j.econlet.2006.08.015