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Applied Economics Letters Volume 12, 2005 - Issue 10
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Original Articles

Persistent wage differential and its implications on the Balassa–Samuelson hypothesis

Jeong-Joon Lee
Pages 643-648 | Published online: 20 Aug 2006

References

References

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  • Chinn , M . 2000 . The usual suspects? Productivity and demand shocks and Asia-Pacific exchange rates . Review of International Economics , 8 : 20 – 43 .
  • Efron B Tibshirani R 1993 An Introduction to the Bootstrap, Chapman & Hall New York
  • Gregorio , J , Giovannini , A and Wolf , H . 1994 . International evidence on tradables and nontradables inflation . European Economic Review , 38 : 1225 – 44 .
  • Gregorio J Wolf H 1994 Terms of trade, productivity and the real exchange rate NBER Working Paper no. 4807
  • Ito T Isard P Symansky S 1997 Economic growth and real exchange rate: an overview of the Balassa–Samuelson hypothesis NBER Working Paper no. 5979
  • Kennedy , P . 1995 . Randomization tests in econometrics . Journal of Business and Economic Statistics , 13 : 85 – 94 .
  • Samuelson , P . 1964 . Theoretical notes on trade problems . Review of Economic Studies , 46 : 145 – 54 .
  • Strauss , J . 1996 . Relative price determination in the medium run: the influence of wages, productivity, and international prices . Southern Economic Journal , 65 : 223 – 44 .
  • Strauss , J . 1997 . The influence of traded and nontraded wages on relative prices and real exchange rates . Economics Letters , 55 : 391 – 95 .
  • Strauss , J . 1999 . Productivity differentials, the relative price of nontradables and real exchange rates . Journal of International Money and Finance , 18 : 383 – 409 .

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