Search Results - subject:"Samuelson"

The Balassa-Samuelson Hypothesis in Developed Countries and Emerging Market Economies: Different Outcomes Explained

García Solanes, José; Torrejón-Flores, Fernando - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-2, pp. 1-24

This paper studies the Balassa-Samuelson effects in two areas with strong differences in economic development, sixteen …

Persistent link: https://www.econbiz.de/10010298622

Balassa-Samuelson and Wage, Price and Unemployment Dynamics in the Spanish Transition to EMU Membership

Ordóñez, Javier; Jusélius, Katarina - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-4, pp. 1-30

on Spanish labour market and the convergence to a European level of prosperity. We found that the Balassa-Samuelson … measured by the German price level) corrected for the Balassa-Samuelson effect. In the medium run this long-run convergence was …

Persistent link: https://www.econbiz.de/10010298624

Productivity Shocks and Real Exchange Rates : A Reappraisal

Peltonen, Tuomas A. - 2009

Balassa-Samuelson hypothesis. Our findings remain valid in the face of a number of robustness tests, including the exchange …

Persistent link: https://www.econbiz.de/10012764033

What Explains India's Real Appreciation?

Kohli, Renu - 2009

growth suggests Balassa-Samuelson factors at play. However, after 1990, the tradable-non-tradable labor productivity gap, the … driver of real appreciation according to Balassa-Samuelson, virtually disappeared. So what explains the real appreciation …

Persistent link: https://www.econbiz.de/10012766787

Regional Heterogeneity and China’s International Trade : Sufficient Lumpiness or Not?

Milner, Chris - 2009

This paper explores whether there is sufficient lumpiness or heterogeneity in the relative endowments (capital, labour and skills) of the regions of China to affect China's specialization and trade patterns. It does so using both the lens condition to identify the violation of factor price...

Persistent link: https://www.econbiz.de/10013157130

Harrod-Balassa-Samuelson Effect in Selected Countries of Central and Eastern Europe

Blaszkiewicz, Monika - 2009

This study investigates the HBS effect in a panel of nine CEECs during 1993:Q1-2003:Q4 (unbalanced panel). Prior to estimating the model, we analyze several key assumptions of the model (e.g. wage equalisation, PPP and sectoral division) and elaborate on possible consequences of their failure to...

Persistent link: https://www.econbiz.de/10013159192

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Belke, Ansgar Hubertus - 2009

context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets …. The augmented Balassa-Samuelson model is linked to the monetary over-investment theories of Wicksell and Hayek in order to …

Persistent link: https://www.econbiz.de/10013154599

The Balassa-Samuelson Hypothesis and Elderly Migration

Zuleta, Hernando - 2009

maintain the fundamental assumption of factor mobility between sectors so model is consistent with the Balassa-Samuelson …

Persistent link: https://www.econbiz.de/10013154931

Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe

Belke, Ansgar Hubertus - 2009

context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets …. The augmented Balassa-Samuelson model is linked to the monetary overinvestment theories of Wicksell and Hayek in order to …

Persistent link: https://www.econbiz.de/10013155099

Productivity shocks and real exchange rate : a reappraisal

Peltonen, Tuomo; Sager, Michael - 2009

Balassa-Samuelson hypothesis. Our findings remain valid in the face of a number of robustness tests, including the exchange … rate regime and numéraire currency. -- Exchange rate ; productivity ; Balassa-Samuelson ; panel data ; emerging market …

Persistent link: https://www.econbiz.de/10003832627