Dedu, Vasile; Dumitrescu, Bogdan Andrei - In: Journal for Economic Forecasting (2010) 4, pp. 44-53
This paper aims to provide estimates of the the Balassa-Samuelson effect in Romania – the extent to which differences … between Romania and the euro area. The Balassa-Samuelson effect has major implications for interpretation of the inflation and … the exchange rate criteria for European Monetary Union membership. The conclusion is that the Balassa-Samuelson effect …