Tyers, Rodney (contributor); Bain, Iain (contributor) - 2007
(
ˆˆ
TT
i
A A> ), 2) faster wage growth (
ˆˆ
i
WW> ), 3) relative service price inflation ( ˆˆ
NN
i
p p> ), and
4) an … associated with the East Asian financial
crisis. Consistent with other studies by Lu (2006) and Fogel (2006), productivity … service price
inflation, is also consistent with the BSH, as indicated in Figure 1. The prices of construction
and other …