Search Results - subject:"Samuelson effect"

Čukalev, Georgi - 2002

Persistent link: https://www.econbiz.de/10002439875

The Balassa-Samuelson effect in Central and Eastern Europe: Myth or reality?

Égert, Balázs; Drine, Imed; Lommatzsch, Kirsten; … - 2002

This paper studies the Balassa-Samuelson effect in 9 CEECs . Using panel cointegration techniques, we find strong … misleading when analysing the Balassa-Samuelson effect. The paper also shows that the appreciation of the transition economies … Balassa-Samuelson effect. Instead, we argue that a trend increase in tradable prices is behind this phenomenon. …

Persistent link: https://www.econbiz.de/10009477446

Real currency appreciation in accession countries: Balassa-Samuelson and investment demand

Fischer, Christoph - 2002

The Balassa-Samuelson effect is usually seen as the prime explanation of the continuous real appreciation of central …

Persistent link: https://www.econbiz.de/10010295736

Price Dynamics in Central and Eastern European EU Accession

Backé, Peter; Fidrmuc, Jarko; Reininger, Thomas; … - 2002

to the catching-up process (Balassa-Samuelson effect). Finally, the paper draws conclusions about future monetary and …

Persistent link: https://www.econbiz.de/10013369978

Does the Balassa-Samuelson Hypothesis Hold for Asian Countries? An Empirical Analysis Using Panel Data Cointegration Tests

Rault, Christophe; Drine, Imed - 2002

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply new panel data cointegration techniques recently developed by Pedroni (2000) and we compare the results with those obtained with conventional Johansen (1995)'s time series...

Persistent link: https://www.econbiz.de/10014106819

Dual Inflation Under the Currency Board : The Challenges of Bulgarian EU Accession

Dimitrova, Kalina; Nenovski, Nikolaj - 2002

The importance of analysing inflation sources and dynamics in Bulgaria is imposed by (i) the long run process of price and inflation convergence to the Euro area and (ii) by the Currency Board operating in the country. In this study we make an attempt to estimate Balassa - Samuelson (BS) effect...

Persistent link: https://www.econbiz.de/10014112374

Price Level Convergence and Inflation in Europe

Rogers, John H.; Hufbauer, Gary Clyde; Wada, Erika - 2002

Consumer price inflation in the euro area declined steadily during most of the 1990s. However, in the last two years, both headline and core inflation have risen throughout the area, and sizable cross-country differences in inflation have re-emerged. This is illustrated by Figure 1, which shows...

Persistent link: https://www.econbiz.de/10014120169

Working Paper 61

to the catching-up process (Balassa-Samuelson effect). Finally, the paper draws conclusions about future monetary and …

Persistent link: https://www.econbiz.de/10010727664

Catching-up and Inflation in Europe: Balassa-Samuelson, Engel's Law and Other Culprits

Égert, Balázs - Economics Department, Organisation de Coopération et … - 2010

Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and …

Persistent link: https://www.econbiz.de/10008461038

Productivity, the terms of trade, and the real exchange rate : Balassa-Samuelson hypothesis revisited

Choudhri, Ehsan U.; Schembri, Lawrence - 2010 - Rev.

Persistent link: https://www.econbiz.de/10003977211