Search Results - subject:"Samuelson effect"

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

García-Solanes, José - 2011

This paper studies the Balassa-Samuelson hypothesis in two areas with strong differences in economic development, sixteen OECD countries and sixteen Latin American economies. Applying panel cointegration and bootstrapping techniques that solve for cross-sectional dependence problems in the data,...

Persistent link: https://www.econbiz.de/10013132297

Real Exchange Rate Dynamics in Macedonia : Old Wisdoms and New Insights

Bogoev, Jane - 2011

irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we estimate variants …

Persistent link: https://www.econbiz.de/10013132416

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

Ordóñez Monfort, Javier - 2011

measured by the German price level) corrected for the Balassa-Samuelson effect. In the medium run this long-run convergence was … on Spanish labour market and the convergence to a European level of prosperity. We found that the Balassa-Samuelson … effect, product market competition, and capital liberalization have been the main driving forces in this period. The …

Persistent link: https://www.econbiz.de/10013132790

The Penn Effect and transition : the new EU member states in international perspective

Frensch, Richard; Schmillen, Achim - 2011

Recent panel studies have found relatively high point estimates for the elasticity of ag-gregate price measures with respect to productivity in (former) transition economies, while other studies report price-productivity elasticity estimates to depend positively on average productivity in the...

Persistent link: https://www.econbiz.de/10009008682

Real exchange rate movements in developed and developing economies : an interpretation of the Balassa-Samuelson’s framework

Dumrongrittikul, Taya - 2011

Persistent link: https://www.econbiz.de/10009009545

Modelling the Balassa-Samuelson effect in Australia

Chowdhury, Khorshed - In: Australasian accounting business and finance journal : … 5 (2011) 1, pp. 77-91

Persistent link: https://www.econbiz.de/10009295403

The Penn-Balassa-Samuelson effect in developing countries : price and income revisited

Hassan, Fadi - 2011

Persistent link: https://www.econbiz.de/10009153841

Are wages equal across sectors of production? : a panel data analysis for tradable and non-tradable goods

Schmillen, Achim - 2011

The assumption that national labor markets are homogenous across tradable and non-tradable goods is common in multisector (open-economy) macro models and crucial for the prominent Balassa-Samuelson hypothesis. This study tests it with a novel method to distinguish the tradable and non-tradable...

Persistent link: https://www.econbiz.de/10009156367

In which exchange rate models do forecasters trust?

Hauner, David; Yi, Chae-u; Takizawa, Hajime - 2011

Persistent link: https://www.econbiz.de/10009425653

The Interdependence between the Level of Domestic Prices and the Price Level in the Developed Countries

BACESCU-CARBUNARU, Angelica; CONDRUZ-BACESCU, Monica - In: REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF … 12 (2011) 3, pp. 420-431

The article deals with the controversial issue of price harmonization practiced in the European Union. Therefore, we take into account the differences between national economies of member countries and the time difference of these economies in EU, a thing that imposes the establishment of...

Persistent link: https://www.econbiz.de/10009319090