Search Results - subject:"Samuelson"

Real Convergence, Price Level Convergence and Inflation Differentials in Europe

Égert, Balázs - 2021

results provide the obituary notice for the Balassa-Samuelson effect. Nevertheless, we show that other factors related to …

Persistent link: https://www.econbiz.de/10013316808

Implications of Monetary Union for Catching-Up Member States

Sánchez, Marcelo - 2021

We examine the implications of monetary union for macroeconomic stabilisation in catching up participating countries. We allow member states' supply conditions to differ inside the union, especially with regard to sectoral characteristics. Sectoral productivity shocks on balance hamper the...

Persistent link: https://www.econbiz.de/10013317597

The U.S. Dollar and the Trade Deficit : What Accounts for the Late 1990s?

Hunt, Benjamin F.; Rebucci, Alessandro - 2021

second half of the 1990s. The paper concludes that the Balassa-Samuelson effect of such a productivity shock is only part of …

Persistent link: https://www.econbiz.de/10013317763

Was it Stolper-Samuelson, Infant Industry or Something Else? World Trade Tariffs 1789-1938

Williamson, Jeffrey G. - 2021

: the Stolper-Samuelson corollary to the Heckscher-Ohlin theorem, and the infant-industry argument for protection. It … world tariff facts come from two sources: Stolper-Samuelson -- scarce factors should lobby for protection when exposed to … partner behavior, gunboats and tariff autonomy all mattered. So did Stolper-Samuelson …

Persistent link: https://www.econbiz.de/10013227023