The effect of firm-level productivity on exchange rate pass-through

被引:12
|
作者
Cook, Jonathan Aaron [1 ]
机构
[1] USDA, Econ Res Serv, Washington, DC 20024 USA
关键词
Exchange rate pass-through; Heterogeneous firms; Endogenous markups; TRADE; MARKET; PRICES; BIAS;
D O I
10.1016/j.econlet.2013.10.028
中图分类号
F [经济];
学科分类号
02 ;
摘要
A heterogeneous-firm trade model can explain the recent decrease in exchange rate pass-through to aggregate US import prices as a result of decreased trade costs. This paper finds support for this explanation by testing another implication of this type of heterogeneous firm model: lower exchange rate pass-through for goods that are traded for short periods of time. (C) 2013 The Author. Published by Elsevier B.V. All rights reserved.
引用
收藏
页码:27 / 30
页数:4
相关论文
共 50 条
  • [31] Market structure and exchange rate pass-through
    Auer, Raphael A.
    Schoenle, Raphael S.
    JOURNAL OF INTERNATIONAL ECONOMICS, 2016, 98 : 60 - 77
  • [32] Monetary policy and exchange rate pass-through
    Gagnon, JE
    Ihrig, J
    INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2004, 9 (04) : 315 - 338
  • [33] Export rivalry and exchange rate pass-through
    Sun, Puyang
    Tan, Yong
    Hou, Xinyu
    ECONOMICS OF TRANSITION, 2019, 27 (03) : 801 - 821
  • [34] Export Subsidies and Exchange Rate Pass-through
    Orbay, Hakan
    Orbay, Benan Zeki
    REVIEW OF INTERNATIONAL ECONOMICS, 2013, 21 (04) : 627 - 635
  • [35] Understanding changes in exchange rate pass-through
    Takhtamanova, Yelena F.
    JOURNAL OF MACROECONOMICS, 2010, 32 (04) : 1118 - 1130
  • [36] Exchange rate pass-through in the Euro area
    Faruqee, H
    IMF STAFF PAPERS, 2006, 53 (01): : 63 - 88
  • [37] Exchange rate pass-through to inflation in China
    Jiang, Jiadan
    Kim, David
    ECONOMIC MODELLING, 2013, 33 : 900 - 912
  • [38] Production sharing and exchange rate pass-through
    Kim, Kyungmin
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2021, 76 : 817 - 835
  • [39] EXCHANGE RATE PASS-THROUGH INTO RETAIL PRICES
    Antoniades, Alexis
    Zaniboni, Nicola
    INTERNATIONAL ECONOMIC REVIEW, 2016, 57 (04) : 1425 - 1447
  • [40] Exchange Rate Pass-Through in the Euro Area
    Hamid Faruqee
    IMF Staff Papers, 2006, 53 (1): : 63 - 88