Search Results - subject:"Samuelson"

Real currency appreciation in accession countries: Balassa-Samuelson and investment demand

Fischer, Christoph - Deutsche Bundesbank - 2002

The Balassa-Samuelson effect is usually seen as the prime explanation of the continuous real appreciation of central … apparently in favour of Balassa-Samuelson effects may require a re-interpretation. The model is estimated for a panel of CEE … Währungen ihrer westlichen Partnerländer wird in der Regel vornehmlich auf den Balassa-Samuelson-Effekt zurückgeführt. Die …

Persistent link: https://www.econbiz.de/10005083090

Sectoral Productivity and Real Exchange Rate Appreciation: Much Ado about Nothing?

Flek, Vladislav; Markova, Lenka; Podpiera, Jiri - Česká Národní Banka - 2002

as strong as the Balassa-Samuelson Effect (BSEF) would predict. The final impact of relative productivity on inflation …

Persistent link: https://www.econbiz.de/10005094104

Samuelson Machines and the Optimal Public-Private Mix

Kanbur, Ravi; Clark, Simon - Charles H. Dyson School of Applied Economics and … - 2002

be changed to have public goods characteristics at a cost (by purchasing a “Samuelson machine”). It characterizes the …

Persistent link: https://www.econbiz.de/10011070521

Working Paper 61

Fidrmuc, Jarko; Reininger, Thomas; BackÃ©, Peter; … - Oesterreichische Nationalbank - 2002

to the catching-up process (Balassa-Samuelson effect). Finally, the paper draws conclusions about future monetary and …

Persistent link: https://www.econbiz.de/10010727664

Does the Balassa-Samuelson Hypothesis Hold for Asian Countries? An Empirical Analysis using Panel Data Cointegration Tests

Drine, Imed; Rault, Christophe - 2002

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply …

Persistent link: https://www.econbiz.de/10009477039

The Balassa-Samuelson effect in Central and Eastern Europe: Myth or reality?

Égert, Balázs; Drine, Imed; Lommatzsch, Kirsten; … - 2002

This paper studies the Balassa-Samuelson effect in 9 CEECs . Using panel cointegration techniques, we find strong … misleading when analysing the Balassa-Samuelson effect. The paper also shows that the appreciation of the transition economies … Balassa-Samuelson effect. Instead, we argue that a trend increase in tradable prices is behind this phenomenon. …

Persistent link: https://www.econbiz.de/10009477446