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
来源：
ECONOMICS LETTERS | 2014年 / 122卷 / 01期
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.
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页码：27 / 30
页数：4
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