The Balassa-Samuelson Model: A General-Equilibrium Appraisal
نویسندگان
چکیده
منابع مشابه
Balassa-Samuelson Effect in the CEECs?
This paper offers a detailed assessment of the Balassa-Samuelson (BS) effect in eight Central and Eastern European countries (CEEC8). Several features distinguish this study from others: First, we investigate a variety of specifications of extended models. Nonhomogeneity of wages, deviations from PPP in tradables and demand side variables are found to importantly contribute to explain inflation...
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Jordà is grateful for the support from the Spanish MICINN National Grant SEJ2007-6309 and the hospitality of the Federal Reserve Bank of San Francisco during preparation of this manuscript. Taylor also gratefully acknowledges research support from the Center for the Evolution of the Global Economy at the University of California, Davis. The views expressed herein are those of the authors and do...
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ژورنال
عنوان ژورنال: Review of International Economics
سال: 1994
ISSN: 0965-7576,1467-9396
DOI: 10.1111/j.1467-9396.1994.tb00043.x