through Balassa – Samuelson Effect. In this paper it is analyzed the evolution of nominal and real convergence based on a … proposed set of indicators and it is estimated Balassa-Samuelson Effect on non-Euro countries. …

commodities. It is also tested the Samuelson hypothesis that spot prices have higher volatility than futures prices. It is found … futures price returns which is consistent with the Samuelson hypothesis. The results of the aforementioned tests are …

The Balassa-Samuelson hypothesis – i.e. that real exchange rates between each pair of countries increase with the … to downward-biased estimates. We test the Balassa-Samuelson hypothesis with innovative trade-based vari-ety measures to … pairwise regression approach, we find stable and very robust Balassa-Samuelson effects over all our specifications. …

This article assesses the Balassa and Samuelson effect which offers an explanation of the differences in international … prices based on productivity disparity between tradables and nontradables. It argues that although the Balassa and Samuelson …

Uno de los artículos más famosos de Samuelson lleva el título en español de “Parábola y realismo en la teoría del … capital: la función de producción sustituta” . Samuelson, en vista de las críticas del Cambrigde inglés, con Robinson a la … podría echar mano en cualquier momento. Si se supone, como hace Samuelson, proporciones fijas entre los factores, ambas …