01709cas a2200265 a 4500 AALejournalIMF008664 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451974263 1018-5941 BD-DhAAL BD-DhAAL De Gregorio, Jose. The Behavior of Nontradable Goods Prices in Europe : Evidence and Interpretation / Jose De Gregorio, Thomas Krueger, Alberto Giovannini. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (62 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the evolution of the relative price between tradable and nontradable goods in a group of European countries. A model of an open economy is used to analyze different factors that can account for an increase in the relative price of nontradable goods. These factors are: (a) faster technological progress in the tradable goods sector; (b) demand shifts toward nontradable goods; and (c) real wage pressures. The relevance of these factors is analyzed empirically for France, Germany, Italy, Spain and the United Kingdom. Mode of access: Internet Giovannini, Alberto. Krueger, Thomas. IMF Working Papers; Working Paper ; No. 1993/045 Full text available on IMF http://elibrary.imf.org/view/journals/001/1993/045/001.1993.issue-045-en.xml IMF e-Library