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

Real Exchange Rate Dynamics in Macedonia : Old Wisdoms and New Insights

Bogoev, Jane - 2011

irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we estimate variants …

Persistent link: https://www.econbiz.de/10013132416

Balassa-Samuelson and Wage, Price and Unemployment Dynamics in the Spanish Transition to EMU Membership

Ordóñez Monfort, Javier - 2011

measured by the German price level) corrected for the Balassa-Samuelson effect. In the medium run this long-run convergence was … on Spanish labour market and the convergence to a European level of prosperity. We found that the Balassa-Samuelson … effect, product market competition, and capital liberalization have been the main driving forces in this period. The …

Persistent link: https://www.econbiz.de/10013132790

Traded and Nontraded Goods Prices, and International Risk Sharing : An Empirical Investigation

Corsetti, Giancarlo - 2011

Accounting for the pervasive evidence of limited international risk sharing is an important hurdle for open-economy models, especially when these are adopted in the analysis of policy trade-offs likely to be affected by imperfections in financial markets. Key to the literature is the evidence,...

Persistent link: https://www.econbiz.de/10013119607

Empirical Testing of Balassa-Samuelson Hypothesis with German and UK Data

Josheski, Dushko - 2011

There are a lot of studies that test Ballasa-Samuelson hypothesis also known as Harrod Balassa-Samuelson effect …

Persistent link: https://www.econbiz.de/10013119986

The Penn Effect and Transition : The New EU Member States in International Perspective

Frensch, Richard - 2011

Recent panel studies have found relatively high point estimates for the elasticity of aggregate price measures with respect to productivity in (former) transition economies, while other studies report price-productivity elasticity estimates to depend positively on average productivity in the...

Persistent link: https://www.econbiz.de/10013124250

In Which Exchange Rate Models Do Forecasters Trust?

Lee, Jaewoo - 2011

and productivity differentials, indicating that the relative PPP and Balassa-Samuelson effect are common inputs into …

Persistent link: https://www.econbiz.de/10014399410

The Penn-Balassa-Samuelson effect in developing countries : price and income revisited

Hassan, Fadi - 2011

Persistent link: https://www.econbiz.de/10009153841

The Penn Effect and transition : the new EU member states in international perspective

Frensch, Richard; Schmillen, Achim - 2011

Recent panel studies have found relatively high point estimates for the elasticity of ag-gregate price measures with respect to productivity in (former) transition economies, while other studies report price-productivity elasticity estimates to depend positively on average productivity in the...

Persistent link: https://www.econbiz.de/10009008682

Real exchange rate movements in developed and developing economies : an interpretation of the Balassa-Samuelson’s framework

Dumrongrittikul, Taya - 2011

Persistent link: https://www.econbiz.de/10009009545

The Balassa-Samuelson effect reversed : new evidence from OECD countries

Gubler, Matthias; Sax, Christoph - 2011

This paper explores the robustness of the Balassa-Samuelson (BS) hypothesis. We analyze a panel of OECD countries from 1970 to 2008 and compare three different datasets on sectoral productivity, including a newly constructed database on total factor productivity. Overall, our DOLS estimation...

Persistent link: https://www.econbiz.de/10009565593