Search Results for Balassa-Samuelson Effect

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This paper employs newly constructed measures for productivity differentials, external...

There is little empirical research on whether Balassa-Samuelson effects can explain the long-run...

The paper presents an N-country model with stock markets, in which a closed-form solution for the...

The paper assesses inflation risks resulting from the convergence of structures of relative...

This paper seeks to investigate the transmission mechanisms linking productivity to the real...

This paper provides an explanation for the secular increase in the price of services relative to...