Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

Drawing a scatter diagram between differences in service prices and productivity among Japanese regions reveals a positive correlation. Additionally, all students of international economics know of ...

dc.description.abstract This paper investigates cross-sectoral productivity differentials in South African industry and their distributional consequences. The analysis shows that typically, traded ...

Abstract: There is surprisingly little empirical research on whether Balassa-Samuelson effects can explain the long-run behavior of real exchange rates in developing countries. This paper presents new ...

We incorporate different sectoral job separation rates into a two-sector small open economy model to investigate the Balassa-Samuelson (B-S) effect. While labour is mobile, unemployment occurs due to ...

Our special report on the world of prices wouldn't be complete without asking, and trying to answer, a big, and surprisingly complex, question: How do pricey countries get that way? Zenaide Muneton is ...

ABSTRACT: Translation, understood as a process of restating the value from a particular currency to another currency, is based on the market exchange rate. So in practice, almost every value in terms ...

Abstract: This paper discusses the influence of Balassa-Samuelson effect on enlarged European monetary union and corresponding adjustment of ECB monetary policy. Firstly productivity divergence and ...

ABSTRACT: This paper examines the internal transmission mechanisms of population age structure and urbanization to real exchange rate based on G20’s panel data over 1993-2016 periods.

Simply sign up to the Currencies myFT Digest -- delivered directly to your inbox. Foreign exchange has won broad acceptance as a legitimate asset class in recent years, despite the fact it is a zero ...