Describe the difference between conditional and unconditional convergence and the empirical relevance.

Write a short essay (between 750 and 1000 words) on the theme of “convergence” based on readings from the two textbooks and the empirical investigation provided by Barro & Sal-i-Martin (1992). Important themes would be what it is all about, the difference between conditional and unconditional convergence and the empirical relevance.

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