Browsing Arbeidsrapport (Høgskolen i Østfold). ØSS by Subject "Balassa-Samuelson"
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Balassa-Samuelson: still haven't found what we're looking for?
(Arbeidsrapport (Høgskolen i Østfold), Working paper, 2009-10-07)Despite its strong theoretical position when it comes to explaining inflation in transition economies, the empirical merits of the Balassa-Samuelson (B-S) effect are weak. This paper points to three theory-based contributing ...