Sonora, Robert; Tica, Josip - In: Cogent economics & finance 2 (2014) 1, pp. 1-16
In this paper, we investigate the Harrod-Balassa-Samuelson (HBS) hypothesis in 11 Central and Eastern European transition countries. Unlike previous research, we test the HBS hypothesis with NACE 6 quarterly data which enables us to divide data into tradable and nontradable sectors without...
