Search Results - subject:"Samuelson"

IN SEARCH OF LOST TIME: THE NEOCLASSICAL SYNTHESIS

VROEY, Michel DE; DUARTE, Pedro GARCIA - Institut de Recherche Économique et Sociale (IRES), … - 2012

Present-day macroeconomics has sometimes been dubbed ‘the new neoclassical synthesis’, suggesting that it constitutes a reincarnation of the neoclassical synthesis of the 1950s. This paper assesses this understanding. To this end, we examine the contents of the ‘old’ and the ‘new’...

Persistent link: https://www.econbiz.de/10010607576

The AMU Deviation Indicators Based on the Purchasing Power Parity and Adjusted by the Balassa-Samuelson Effect

Ogawa, Eiji; Wang, Zhiqian - Institute of Economic Research, Hitotsubashi University - 2012

problem related with the Balassa-Samuelson effect. For the reason, the PPPs adjusted by the Balassa-Samuelson effect should be … the PPP-based AMU Deviation Indicators and the PPP-based AMU Deviation Indicators adjusted by the Balassa-Samuelson effect … Balassa-Samuelson effect are also useful in making surveillance over overvaluation or undervaluation of the intra …

Persistent link: https://www.econbiz.de/10010614047

El comportamiento del tipo de cambio real en Colombia: ¿Explicado por sus fundamentales?

Arteaga, Carolina; Granados, Joan Camilo; Joya, Jair Ojeda - Banco de la Republica de Colombia - 2012

estimar el impacto del efecto Balassa-Samuelson sobre el TCR de Colombia. Esta metodología permite detectar los trimestres en … principalmente por el aumento en los términos de intercambio y en segundo lugar por el efecto Balassa-Samuelson. Adicionalmente, la …

Persistent link: https://www.econbiz.de/10010640632

The effects of the Dutch Disease in Russia

Algieri, Bernardina - 2004

of the Balassa-Samuelson model has been implemented to test symptom 1. Our results suggest a positive long ….1% output decline. The total effect on GDP growth, considering the Balassa-Samuelson effect, confirms symptom 2. Finally, the … florierenden Sektor. Eine erweiterte Version des "Balassa-Samuelson-Modells" wurde verwendet, um Symptom 1 zu überprüfen. Unsere …

Persistent link: https://www.econbiz.de/10011577900

The role of the exchange rate stability in a small and open economy : the case of the Republic of Macedonia

Besimi, Fatmir - 2004

The purpose of this paper is to present the role of the exchange rate stability in a small and open economy, where the case of the Republic of Macedonia is investigated. Also, an accent is given to the role of the expectations of the economic agents for the future movements of the exchange rate,...

Persistent link: https://www.econbiz.de/10003390238

Productivity, Tradability, and the long-run price puzzle

Bergin, Paul R. (contributor); Glick, Reuven (contributor); … - 2004 - [Elektronische Ressource]

price levels than poorer countries, a stylized fact usually attributed to the “Balassa- Samuelson” effect. But looking back … a fact. Many different, and mutually exclusive, sufficiency conditions could lead to it. The Penn [Balassa-Samuelson … different times and places, trace to quite different process, as we shall see. (Samuelson 1994, 206) 1 1. Introduction …

Persistent link: https://www.econbiz.de/10002116847