Search Results - subject:"Balassa–Samuelson effect"

A primer on real effective exchange rates : determinants, overvaluation, trade flows and competitive devaluation

Chinn, Menzie David - 2005

Persistent link: https://www.econbiz.de/10003130647

Price level convergence: Croatia, transition countries and the EU

Nestić, Danijel - 2005

Persistent link: https://www.econbiz.de/10002973608

Equilibrium Exchange Rates in Transition Economies: Taking Stock of the Issues

Égert, Balázs; Halpern, László; MacDonald, Ronald - William Davidson Institute, University of Michigan - 2005

factors other than the usual Balassa-Samuelson effect, such as the behaviour of the real exchange rate of the open sector and …

Persistent link: https://www.econbiz.de/10005784651

The Balassa-Samuelson Effect in 'East & West'. Differences and Similarities

Wagner, Martin - Department of Economics and Finance Research and … - 2005

Based on two detailed Balassa-Samuelson (BS) studies, Wagner and Hlouskova (2004) for eight Central Eastern European countries (CEECs) and Wagner and Doytchinov (2004) for ten Western European countries (WECs), this study assesses the differences and similarities of the BS effect between these...

Persistent link: https://www.econbiz.de/10005764210

The Balassa-Samuelson Effect in Central and Eastern Europe: Myth or Reality?

Égert, Balázs; Drine, Imed; Lommatzsch, Kirsten; … - Centre d'Études des Politiques Économiques (EPEE), … - 2005

This paper studies the Balassa-Samuelson effect in nine Central and East European countries. Using panel cointegration … misleading when analyzing the Balassa-Samuelson effect. Consequently, the appreciation of the real exchange rate, which has been … established as a stylized fact over the last decade, is caused only partly by the Balassa-Samuelson effect. We identify a trend …

Persistent link: https://www.econbiz.de/10010655948

Traded and nontraded good prices, and international risk sharing : an empirical investigation

Corsetti, Giancarlo; Dedola, Luca; Viani, Francesca - 2012

Accounting for the pervasive evidence of limited international risk sharing is an important hurdle for open-economy models, especially when these are adopted in the analysis of policy trade-offs likely to be affected by imperfections in fi nancial markets. Key to the literature is the evidence,...

Persistent link: https://www.econbiz.de/10012530405

Traded and nontraded goods prices, and international risk sharing: an empirical investigation

Corsetti, Giancarlo; Dedola, Luca; Viani, Francesca - Banco de España - 2012

Accounting for the pervasive evidence of limited international risk sharing is an important hurdle for open-economy models, especially when these are adopted in the analysis of policy trade-offs likely to be affected by imperfections in financial markets. Key to the literature is the evidence,...

Persistent link: https://www.econbiz.de/10010862271

The determination of the equilibrium exchange rate in a simple general equilibrium model.

Van, Cuong Le; Couharde, Cécile; Luong, Thai Bao - Maison des Sciences Économiques, Université Paris 1 … - 2004

In this article, we develop an analytical general equilibrium model of the equilibrium exchange rate. This theoretical framework allows us to identify the relevant set of variables which determinate the equilibrium exchange rate and to explore how theses variables influence the trajectory of the...

Persistent link: https://www.econbiz.de/10005696845

The Alternative to the Existing System of the Concepts about Purchasing Power Parity Deviations . Derived from the Estonian Experience

Raim, Jaanus - Majandusteaduskond, Tallinna Tehnikaülikool - 2004

The huge price differences between the former Soviet Union (FSU) and remaining world emerged at the beginning of 1990s. This phenomenon of hundredfold relative purchasing power of foreign currencies in the republics of FSU is not systematically explained by the traditional system of the...

Persistent link: https://www.econbiz.de/10004971464

The effects of the Dutch Disease in Russia

Algieri, Bernardina - 2004

.1% output decline. The total effect on GDP growth, considering the Balassa-Samuelson effect, confirms symptom 2. Finally, the …

Persistent link: https://www.econbiz.de/10011577900