411 REFERENCE · Wiktionary
Balassa-Samuelson effect
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
Named after Béla Balassa and Paul Samuelson.
Noun
en economics The tendency for consumer prices to be systematically higher in more developed countries than in less developed countries.
See also
Penn effect
Further reading
en eponyms