Article ID Journal Published Year Pages File Type
5059398 Economics Letters 2014 5 Pages PDF
Abstract
Using a heterogeneous firm model with firm entry and endogenous markups, I study how the financial constraints of exporting firms affect exchange rate pass-through behaviors. I find that the financial constraints increase the degree of exchange rate pass-through.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Financial constraints, firm entry, and exchange rate pass-through
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