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 …

The paper presents some results revealing the existence of the Balassa-Samuelson effect in Romania as well as some …

equilibrium versus the inflation rate diminution and the Balassa-Samuelson effect, the exchange rates and the exchange rate …

This paper studies the Balassa-Samuelson effects in two areas with strong differences in economic development, sixteen … remain to some extent segmented, as reflected in departures from PPP in the tradable sectors. -- Balassa-Samuelson effect … Balassa–Samuelson Hypothesis in Developed Countries and Emerging Market Economies: Different Outcomes Explained José García …

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 … rather than higher prices. Thus, much of the burden of adjustment was carried by unemployment in this period. -- Balassa-Samuelson …