@techreport{Schmillen2010wages,
abstract = {The assumption that national labor markets are homogenous across tradable and non-tradable goods is common in multisector (open-economy) macro models and crucial for the prominent Balassa-Samuelson hypothesis. This study tests it with a novel method to distinguish the tradable and non-tradable sectors grounded in economic theory, modern empirical methods and a large and detailed macro data set. It finds that both the internal relationship between productivity and wages in the tradable and non-tradable sectors postulated by the Balassa-Samuelson hypothesis and its external transmission mechanism are rejected.},
address = {Regensburg},
author = {Achim Schmillen},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-3-938980-34-7},
keywords = {330; Lohnstruktur; Branche; Handelbares Gut; Nicht-handelbares Gut; Sch\"{a}tzung; Welt; Balassa-Samuelson Effekt; Kritik},
language = {eng},
number = {285},
publisher = {Osteuropa-Inst.},
title = {Are wages equal across sectors of production? A panel data analysis for tradable and non-tradable goods},
type = {Arbeiten aus dem Osteuropa-Institut Regensburg, Wirtschaftswissenschaftliche Abteilung},
url = {http://hdl.handle.net/10419/57814},
year = {2010}
}
