Our special report on the world of prices wouldn't be complete without asking, and trying to answer, a big, and surprisingly complex, question: How do pricey countries get that way? Zenaide Muneton is ...
The Balassa-Samuelson effect states that productivity differences between the production of tradable goods in different countries 1) explain large observed differences in wages and in the price of ...
Drawing a scatter diagram between differences in service prices and productivity among Japanese regions reveals a positive correlation. Additionally, all students of international economics know of ...
Alors que l'Euroland vient d'accueillir deux nouveaux pays (Chypre et Malte), le retour de l'inflation inquiète les responsables de la Banque centrale européenne (BCE). Inquiétude d'autant plus grande ...
Bela Balassa (1928-1991) est un économiste hongrois qui a travaillé aux Etats-Unis avec Paul A. Samuelson (" Nobel " d’économie en 1970) sur les questions de taux de change, en particulier entre pays ...
The Balassa index measures the degree of specialisation of Dutch export products. If the Balassa index for a product is more than 1, it means that product involves specialisation. If it is less than 1 ...
Dans les pays pauvres, taxis, restaurants et autres services locaux sont particulièrement bon marché au regard de ce qu’ils coûtent dans des pays comme la France ou les Etats-Unis. Pourquoi ? La ...