| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 962358 | Journal of International Economics | 2011 | 13 Pages |
Abstract
⺠I build and simulate a dynamic model of intermediate goods pricing with costly adjustment between firms with large market shares. ⺠This model can match documented empirical patterns on price stickiness, exchange rate passthrough, and price change synchronization. ⺠A simple extension of the model allows for a comparison of pricing dynamics between arm's length and intrafirm trades.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Brent Neiman,