Bogoev, Jane; Bojceva Terzijan, Sultanija; Petrovska, … - 2007
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 … ample empirical evidence that the appreciation can be only partially
explained by the direct Balassa-Samuelson effect …