Search Results - subject:"Samuelson effect"

Can firms' location decisions counteract the Balassa-Samuelson effect?

Méjean, Isabelle (contributor) - 2006

No 2006 – 12 July Can firms’ location decisions counteract the Balassa-Samuelson effect ? _____________ Isabelle … Méjean Can firms’ location decisions counteract the Balassa-Samuelson effect? Isabelle Méjean No 2006 – 12 July Can firms …’ location decisions counteract the Balassa-Samuelson effect? Contents 1 Introduction 8 2 Theoretical Framework 10 2 …

Persistent link: https://www.econbiz.de/10003350209

Catching-up, inflation differentials and credit booms in a heterogeneous monetary union : some implications for EMU and new EU member states

MacDonald, Ronald (contributor); Wójcik, Cezary (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364558

Implications of monetary union for catching-up member states

Sánchez, Marcelo (contributor) - 2006

52; E58; F33; F40 Keywords: Monetary union, Balassa-Samuelson effect, Exchange rates, Price stability …

Persistent link: https://www.econbiz.de/10003337166

Expensive living: the Greek experience under the euro

Pelagidis, Theodore; Toay, Taun N. - 2006

apply the Balassa-Samuelson effect to see whether it constitutes the culprit for price hikes in nontradable products in …

Persistent link: https://www.econbiz.de/10010276238

Reasons for real appreciation in Central Europe

Brandmeier, Michael - 2006

disputed in the eve of the European Monetary Union (EMU) entry of several CEE economies. The Balassa-Samuelson-effect was made …

Persistent link: https://www.econbiz.de/10010300192

Labor Productivity and Real Exchange Rate : The Balassa-Samuelson Disconnect in the Former Yugoslav Republic of Macedonia

Loko, Boileau - 2006

depreciation suggest that a Balassa-Samuelson effect is in play. We find that the relationship between the two is not a result of … the traditional Balassa-Samuelson effect. Instead, the depreciation of the real exchange rate reflects mainly the behavior …

Persistent link: https://www.econbiz.de/10012780796

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Klyuev, Vladimir - 2006

This paper provides an explanation for the secular increase in the price of services relative to that of manufactured goods that relies on capital accumulation rather than on an exogenous total factor productivity growth differential. The key assumptions of the two-sector, intertemporal...

Persistent link: https://www.econbiz.de/10012783078

Productivity, External Balance and Exchange Rates : Evidence on the Transmission Mechanism Among G7 Countries

Corsetti, Giancarlo - 2006

This paper investigates the international transmission of productivity shocks in a sample of five G7 countries. For each country, using long-run restrictions, we identify shocks that increase permanently domestic labor productivity in manufacturing (our measure of tradables) relative to an...

Persistent link: https://www.econbiz.de/10012466182

Real Exchange Rate and Consumption Fluctuations Following Trade Liberalization

Hartelius, Kristian J. - 2006

Two-sector models with traded and non-traded goods have problems accounting for the stylized fact that the real exchange rate appreciates and consumption booms for several years following trade liberalization, or exchange-rate-based stabilization programs, in small open economies. The paper...

Persistent link: https://www.econbiz.de/10014054715

Balassa-Samuelson Meets South Eastern Europe, the CIS and Turkey : A Close Encounter of the Third Kind?

Égert, Balázs - 2006

This paper investigates the importance of the Balassa-Samuelson effect for two acceding countries (Bulgaria and Romania … assumptions of the Balassa-Samuelson effect using yearly data, and then undertakes an econometric analysis of the assumptions on … open and closed sectors, which makes a difference for some of the countries. The Balassa-Samuelson effect is found to play …

Persistent link: https://www.econbiz.de/10014058082