We sketch a model that shows how skill-biased technological change may reverse the classic Balassa-Samuelson effect …

countries, a stylized fact usually attributed to the Balassa- Samuelson' effect. But looking back fifty years, or more, this …

within Japan, we find that the measures of sectoral productivity do not behave in the way suggested by the Balassa-Samuelson …

significant economic downturn in output and per-capita hours. The third chapter explores the robustness of the Balassa-Samuelson … chapter we sketch a model that shows how skill-biased technological change may reverse the classic Balassa-Samuelson effect …

played by goods not traded internationally. On one hand, the theory of Balassa-Samuelson, on the other hand, models with … results generally support the Balassa-Samuelson theory. -- Real exchange rates ; Relative prices …

tries to explain the observed changes in PPPs. Consistently with the Balassa-Samuelson model, evidence is found of a …