Narrow search
Showing 1 - 10 of 11,105
Cover Image
The Penn Effect and Transition : The New EU Member States in International Perspective
Frensch, Richard; Schmillen, Achim - Institut für Ost- und Südosteuropaforschung (IOS) - 2011
respect to productivity in (former) transition economies, while other studies report price-productivity elasticity estimates …-parative price developments of transition economies in an international perspective. We argue that estimating simple price …-productivity-elasticity for CEEC econo-mies was not different from that of non-transition economies during the first 15 years of transition. …
Persistent link: https://www.econbiz.de/10008854246
Cover Image
Balassa-Samuelson, Product Differentiation and Transition
Frensch, Richard - Institut für Ost- und Südosteuropaforschung (IOS) - 2006
productivity measures in transition economies within Balassa-Samuelson frameworks. This contrasts with other findings reporting … reconcile both results by putting real exchange rate developments of transition economies in an international perspective. We …-adjusted per capita income. A pronounced undervaluation at the start of transition, followed by a strong appreciation results in …
Persistent link: https://www.econbiz.de/10008632757
Cover Image
The Penn Effect and transition: The new EU member states in international perspective
Frensch, Richard; Schmillen, Achim - 2011
respect to productivity in (former) transition economies, while other studies report price-productivity elasticity estimates …-parative price developments of transition economies in an international perspective. We argue that estimating simple price …-productivity-elasticity for CEEC econo-mies was not different from that of non-transition economies during the first 15 years of transition. …
Persistent link: https://www.econbiz.de/10010281902
Cover Image
Can we identify Balassa-Samuelson effects with measures of product variety?
Frensch, Richard; Schmillen, Achim - Institut für Ost- und Südosteuropaforschung (IOS) - 2010
The Balassa-Samuelson hypothesis – i.e. that real exchange rates between each pair of countries increase with the tradables sector productivities ratio between these countries, and decrease with their non-tradables sector productivities ratio – has been one of the most prominent frameworks...
Persistent link: https://www.econbiz.de/10008740519
Cover Image
Can we identify Balassa-Samuelson effects with measures of product variety?
Frensch, Richard; Schmillen, Achim - 2010
The Balassa-Samuelson hypothesis - i.e. that real exchange rates between each pair of countries increase with the tradables sector productivities ratio between these countries, and decrease with their non-tradables sector productivities ratio - has been one of the most prominent frameworks in...
Persistent link: https://www.econbiz.de/10010281883
Cover Image
Working Paper 138
Égert, Balázs - Oesterreichische Nationalbank - 2007
economic convergence may push up inflation rates in transition economies. Cyclical effects and regulated prices are found to be … exchange rate plays a prominent (but declining) role in transition economies. JEL classification: E43, E50, E52, C22, G21, O52 …
Persistent link: https://www.econbiz.de/10010727691
Cover Image
Prices and Price Convergence in Emerging Europe: an Overview
Égert, Balázs - In: National Institute Economic Review 204 (2008) 1, pp. 66-84
This paper seeks to provide a comprehensive overview of the long-term factors that explain divergent price levels across developed and emerging European countries. We provide stylised facts about the structural factors that influence market and non-market-based service, house and goods prices....
Persistent link: https://www.econbiz.de/10011144539
Cover Image
Real convergence, price level convergence and inflation differentials in Europe
Égert, Balázs - 2007
economic convergence may push up inflation rates in transition economies. Cyclical effects and regulated prices are found to be … exchange rate plays a prominent (but declining) role in transition economies. …
Persistent link: https://www.econbiz.de/10010264234
Cover Image
Real Convergence, Price Level Convergence and Inflation Differentials in Europe
Egert, Balazs - 2007
economic convergence may push up inflation rates in transition economies. Cyclical effects and regulated prices are found to be … exchange rate plays a prominent (but declining) role in transition economies. …
Persistent link: https://www.econbiz.de/10009477386
Cover Image
Real convergence, price level convergence and inflation in Europe
Égert, Balázs - 2007
This paper provides a comprehensive review of the factors that can cause price levels to diverge and which are at the root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors influencing market and nonmarket-based service, house...
Persistent link: https://www.econbiz.de/10010317348