Wagner, Martin; Hlouskova, Jaroslava - Department Volkswirtschaftlehre, Universität Bern - 2004
This paper offers a detailed assessment of the Balassa-Samuelson (BS) effect in eight Central and Eastern European countries (CEEC8). Several features distinguish this study from others: First, we investigate a variety of specifications of extended models. Non-homogeneity of wages, deviations...