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
  • [1] Tariff and exchange rate pass-through for Chinese exports: A firm-level analysis across customs regimes
    Bouvet, Florence
    Ma, Alyson C.
    Van Assche, Ari
    CHINA ECONOMIC REVIEW, 2017, 46 : 87 - 96
  • [2] Financial constraints, firm entry, and exchange rate pass-through
    Kosaka, Michiru Sakane
    ECONOMICS LETTERS, 2014, 125 (01) : 143 - 147
  • [3] Production sharing and exchange rate pass-through
    Kim, Kyungmin
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2021, 76 : 817 - 835
  • [4] Exchange rate pass-through to domestic producer prices: Evidence from Korean firm-level pricing survey
    Ahn, JaeBin
    Park, Chang-Gui
    ECONOMICS LETTERS, 2014, 125 (01) : 138 - 142
  • [5] Tariff Pass-through in Wholesaling: Evidence from Firm-level Data in Japan
    Baek, Youngmin
    Hayakawa, Kazunobu
    Tsubota, Kenmei
    Urata, Shujiro
    Yamanouchi, Kenta
    JOURNAL OF THE JAPANESE AND INTERNATIONAL ECONOMIES, 2021, 62
  • [6] Market structure and exchange rate pass-through
    Auer, Raphael A.
    Schoenle, Raphael S.
    JOURNAL OF INTERNATIONAL ECONOMICS, 2016, 98 : 60 - 77
  • [7] Deep habits and exchange rate pass-through
    Jacob, Punnoose
    Uuskula, Lenno
    JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2019, 105 : 67 - 89
  • [8] Exchange rate pass-through in Nepal
    Lama, Anil
    Budha, Birendra Bahadur
    Prabhesh, K. P.
    Rana, Sona
    JOURNAL OF ASIAN ECONOMICS, 2025, 97
  • [9] Inflation and exchange rate pass-through
    Ha, Jongrim
    Stocker, M. Marc
    Yilmazkuday, Hakan
    JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2020, 105
  • [10] THE SPEED OF EXCHANGE RATE PASS-THROUGH
    Bonadio, Barthelemy
    Fischer, Andreas M.
    Saure, Philip
    JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION, 2020, 18 (01) : 506 - 538