What is convergence? Explain the difference between unconditional convergence and conditional convergence. What prediction does the neoclassical

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What is convergence? Explain the difference between unconditional convergence and conditional convergence. What prediction does the neoclassical growth model make about convergence? What does the evidence say?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:49 AM

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What is convergence? Explain the difference between unconditional convergence and conditional convergence. What prediction does the neoclassical

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Convergence means that over time the living standards in different countries g...View the full answer

Macroeconomics

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