Assessment of the Balassa-Samuelson Effect in Croatia
The main objective of this paper is to assess the importance of the Balassa-Samuelson effect in Croatia and to quantify its influence on inflation and the real exchange rate.The productivity growth differential between tradable and ontradable sectors within a given country compared to abroad has rec...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Institute of Public Finance
2007-12-01
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Series: | Financial Theory and Practice |
Subjects: | |
Online Access: | http://www.ijf.hr/eng/FTP/2007/4/funda.pdf |