real misalignments reported in the literature depend on the underlying theoretical approach (Balassa-Samuelson effect …

, corruption, Stolper-Samuelson effects. ------------------------------------------------ Corresponding author: Department of …

tradable and non-tradable sectors result in an equilibrium appreciation of the real exchange ratethe so-called Balassa-Samuelson … inflation and exchange rate within predetermined numerical targets. We also find that the Balassa-Samuelson effect raises by an … order of magnitude the welfare loss associated with policy rules that prescribe active exchange rate management. -- Balassa-Samuelson …

irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we estimate variants … the irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we …. JEL: E31, F31, O11, P17 Keywords: real exchange rate, Balassa-Samuelson, Macedonia Correspondence: E-mail: balazs …

://www.uow.edu.au/commerce/econ/wpapers.html Balassa-Samuelson Effect Approaching Fifty Years: Is it Retiring Early in Australia? Khorshed Chowdhury … WP 07-11 September 2007 2 Balassa-Samuelson Effect Approaching Fifty Years: Is it Retiring Early in … Australia Tel: +612 4221 4024 Fax: +612 4221 3725 E-mail: khorshed@uow.edu.au 3 Balassa-Samuelson Effect Approaching …