Real Exchange Rates and the Balassa|Samuelson Effect Revisited

Real Exchange Rates and the Balassa-Samuelson Effect Revisited

This short review essay describes my research agenda on real exchange rate determination, the Penn effect, and the Balassa-Samuelson theory.

Real exchange rates and the Balassa-Samuelson effect revisited

Devereux, Michael B. Article. Real exchange rates and the Balassa-Samuelson effect revisited. NBER Reporter. Provided in Cooperation with: National Bureau of ...

The real exchange rate in the long run: Balassa-Samuelson effects ...

Although the Balassa-Samuelson effect tends to vary across regimes, the evidence suggests that it is present, and in the long-run the real exchange rate is not ...

The Balassa-Samuelson effect reversed: new evidence from OECD ...

If, for example, a country changes its export destinations to countries with a weaker real exchange rate, effective real exchange rates would ...

The real exchange rate in the long run: Balassa-Samuelson effects ...

Abstract: Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange ...

Effects Revisited: An Analysis of the Real Bilateral - Exchange Rates ...

MacDonald and Ricci (2001) confirm this result for a similar panel of countries. A number of studies have quantified the Balassa-Samuelson effect and also ...

Are Balassa-Samuelson Effects Present?

Real Exchange Rates in Developing Countries: Are Balassa-Samuelson Effects Present? EHSAN U. CHOUDHRI AND MOHSIN S. KHAN*. There is surprisingly little ...

The Real Exchange Rate in the Long Run: Balassa-Samuelson ...

We show that if, as typically assumed, the shares and productivity growth of nontraded goods do not differ between countries, then the Balassa-Samuelson effect ...

The real exchange rate in the long run: Balassa-Samuelson effects ...

Historical data is used to look at the Balassa-Samuelson effect in the long run. ... Large variations in the productivity effect are found across monetary regimes ...

The Real Exchange Rate in the Long Run: Balassa-Samuelson ...

Request PDF | The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered | Historical data for over hundred years and 14 ...

The Real Exchange Rate in the Long Run: Balassa-Samuelson ...

... effect of productivity on the real exchange rate. We ... The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered.

Measuring the Balassa-Samuelson effect: A guidance note ... - CEPII

of the Balassa-Samuelson hypothesis, and to the comparison of estimated equilibrium real exchange rates and ... e ect revisited, BIS Working ...

[PDF] The PPP puzzle and the Balassa-Samuelson effect revisited

I estimate a long-run relationship between the real exchange rate (RER) and a set of underlying fundamentals using panel cointegration techniques for a ...

Are Balassa-Samuelson Effects Present?

Keywords: Real exchange rates, Balassa-Samuelson effects, developing countries. Author(s) E-MailAddress: [email protected], [email protected]. 1 Ehsan ...

Full article: Real exchange rate effect on economic growth

The first one is Rodrik (Citation2008) approach based on Balassa-Samuelson model. The second one is FEER suggested in Washington Consensus. Let us then, brief ...

NBER WORKING PAPER SERIES THE REAL EXCHANGE RATE IN ...

nontraded goods (in an exogenous set of goods) is determined endogenously. 8. The terms of trade adjustment can cause a reversal of the Balassa-Samuelson effect ...

Productivity, the Terms of Trade, and the Real Exchange Rate

Studies by Kessler and Subramanian (2014) and Hassan (2016) uncover that the Balassa-Samuelson effect holds only for middle and high-income countries, and that ...

revisiting the Balassa-Samuelson hypothesis for emerging Asia.

This dissertation deals with the economics of equilibrium real exchange rates in the context of Balassa-Samuelson hypothesis. For developing economies of ...

The real exchange rate in the long run: Balassa-Samuelson effects ...

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate.

Productivity, the Terms of Trade, and the Real Exchange Rate

The paper examines how the Balassa-Samuelson hypothesis is affected by a modern variation of the standard model that allows product differentiation (within ...