In this paper, we investigate the Harrod-Balassa-Samuelson (HBS) hypothesis in 11 Central and Eastern European …

period. Although the traditional Balassa-Samuelson model is not consistent with these results, we suggest an explanation of … undertake simulations of the modern versions of the Balassa-Samuelson model to show that plausible parameter shifts consistent …

We build a theoretical model that incorporates unionization in the labor market into a Heckscher-Ohlin-Samuelson (HOS …) framework to investigate the impact of unionization on the Stolper-Samuelson Theorem. To capture the American economy case, we … effect on the Stolper-Samuelson effect. Moreover, wages of unionized workers are even less responsive to trade liberalization …

We build a theoretical model that incorporates unionization in the labor market into a Heckscher-Ohlin-Samuelson (HOS …) framework to investigate the impact of unionization on the Stolper-Samuelson Theorem. To capture the American economy case, we … effect on the Stolper-Samuelson effect. Moreover, wages of unionized workers are even less responsive to trade liberalization …

which uses publicly available data and is based on the Balassa-Samuelson hypothesis. …

Balassa-Samuelson framework in deriving empirically verifiable propositions on the link between purchasing power parity and …

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

particular, we present an agent-based simulation of an Arrow-Debreu economy that accurately exhibits the Stolper-Samuelson effect …