Kreko, Judit; Obláth, Gábor - 2018
–2016. In addition to the relative external price level of GDP, we quantified an alternative indicator for the RER: the internal … relative price of services to goods, as measured from the expenditure side of GDP. We interpreted RER-misalignments as … terms of relative real GDP-growth. As for price levels and the relative price of services to goods, a rapid convergence …