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Balassa-Samuelson effect

noun

Etymology

Named after Béla Balassa and Paul Samuelson.

Definitions

  1. The tendency for consumer prices to be systematically higher in more developed countries…

    The tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.

The neighborhood

Vish — recursive loop

No curated loop yet for Balassa-Samuelson effect. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA