Search Results - subject:"balassa€“Samuelson effect"

Dynamic Production Theory under No-Arbitrage Constraints

Zhao, Guo - Volkswirtschaftliche Fakultät, … - 2014

I propose a dynamic production model under the joint constraints of technology, budget and no arbitrage. Comparative static and dynamic analysis indicate that this model is consistent with the behavior of firms in reality, and can explain a wide range of economic phenomena. Compared with...

Persistent link: https://www.econbiz.de/10011113695

Balassa–Samuelson Effect in Iran

Ghavidel, Saleh; Mahmoudzadeh, Mahmoud; Radfar, Hamideh - International Institute of Social and Economic Sciences - 2014

Deviations from purchasing power parity because a deviation of productivity is Balassa–Samuelson effect. The Balassa–Samuelson … to this hypothesis, Imai (2010) make a model and measurement Balassa–Samuelson effect in Japan during 1970-1955 when … exchange rate in Japan is fixed. In this paper we measurement Balassa–Samuelson effect in Iran economic. The result shows that …

Persistent link: https://www.econbiz.de/10011210179

The Impact of Market Regulations on Intra-European Real Exchange Rates

Bénassy-Quéré, Agnès; COULIBALY, Dramane - HAL - 2014

countries over 1985-2006 to quantify the contributions of the pure Balassa-Samuelson effect and those of market regulations in …

Persistent link: https://www.econbiz.de/10011025937

Real Exchange Rates and Skills

BODART, Vincent; CARPANTIER, Jean-François - Institut de Recherche Économique et Sociale (IRES), … - 2014

While most of the literature on the determination of real exchange rates is focused on the role of standard macroeconomic variables, there exists however a few papers that are more concerned by the impact of factors which are usually considered to play a key role in the process of economic...

Persistent link: https://www.econbiz.de/10010741940

The Penn Effect within a Country - Evidence from Japan

Cheung, Yin-Wong - 2014

To control for product quality and exchange rate effects, we use the Japanese regional data to study the Penn effect – the positive relationship between price and income levels. Comparable with the evidence from international data, the Penn effect is significant in the Japanese prefectural...

Persistent link: https://www.econbiz.de/10013065291

The Real Exchange Rate in the Long Run : Balassa-Samuelson Effects Reconsidered

Bordo, Michael D. - 2014

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample period. Although the traditional Balassa-Samuelson...

Persistent link: https://www.econbiz.de/10013050476

The Real Exchange Rate in the Long Run : Balassa-Samuelson Effects Reconsidered

Bordo, Michael D. - 2014

Persistent link: https://www.econbiz.de/10013051759

The Rich Neighborhood Effect Model vs. the Balassa-Samuelson Model : A General Theory of National Price Levels

Tang, Xiang - 2014

As a standard explanation for national price levels, the Balassa-Samuelson (BS) model presupposes a homogeneous domestic labor force and intersectoral labor mobility. We propose a contrasting theory of the “rich neighborhood effect” (RNE). It is a more general theory because it explicitly...

Persistent link: https://www.econbiz.de/10013054331

Determinants of real exchange rates : an empirical investigation

Kakkar, Vikas; Yan, Isabel - 2014

Persistent link: https://www.econbiz.de/10010237760

The real exchange rate in the long run : Balassa-Samuelson effects reconsidered

Bordo, Michael D.; Choudhri, Ehsan U.; Fazio, Giorgio; … - 2014

Persistent link: https://www.econbiz.de/10010374513