Search Results - subject:"Samuelson effect"

The determination of the equilibrium exchange rate in a simple general equilibrium model

LE VAN, Cuong; COUHARDE, Cecile; LUONG, Thai Bao - Center for Operations Research and Econometrics (CORE), … - 2004

In this article, we develop an analytical general equilibrium model of the equilibrium exchange rate. This theoretical framework allows us to identify the relevant set of variables which determinate the equilibrium exchange rate and to explore how theses variables influence the trajectory of the...

Persistent link: https://www.econbiz.de/10005008387

Harrod-Balassa-Samuelson Effect in Selected Countries of Central and Eastern Europe

Blaszkiewicz, Monika; Kowalski, Przemek; Rawdanowicz, Lukasz - CASE-Center for Social and Economic Research - 2004

This study investigates the HBS effect in a panel of nine CEECs during 1993:Q1-2003:Q4 (unbalanced panel). Prior to estimating the model, we analyze several key assumptions of the model (e.g. wage equalisation, PPP and sectoral division) and elaborate on possible consequences of their failure to...

Persistent link: https://www.econbiz.de/10008529159

The effects of the Dutch Disease in Russia

Algieri, Bernardina - 2004

.1% output decline. The total effect on GDP growth, considering the Balassa-Samuelson effect, confirms symptom 2. Finally, the …

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 …, viz.“((Ricardo-)Harrod-) Balassa-Samuelson effect.” We keep it short, but to clarify genealogy the reader is referred to …. Finally, to push the limits of data availability, we tried to test for the Balassa- Samuelson effect in data stretching back …

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