کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962874 930163 2006 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
State dependent pricing, invoicing currency, and exchange rate pass-through
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
State dependent pricing, invoicing currency, and exchange rate pass-through
چکیده انگلیسی
We analyze exchange rate pass-through and volatility of import prices in a dynamic framework where firms are subject to menu costs and decide on price adjustments in response to exchange rate innovations. The exchange rate pass-through and import price volatility then depend on the invoicing currency in combination with functional forms of cost and demand functions. In particular, there is lower pass-through, less frequent price adjustments, and lower price volatility when prices are set in the importer's currency than when prices are set in the exporter's currency.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Economics - Volume 70, Issue 1, September 2006, Pages 178-196
نویسندگان
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