We estimate the elasticity of extra-EU French firm-level exports with respect to applied tariffs, a variable trade cost. We propose a methodology controlling for unobserved firm characteristics driving selection in exports market and for the usual resistance terms. Results confirm a significant...

[...]This article examines how Japanese exporters areresponding to the conflicting objectives of maintainingstable profit margins and stable export sales when the valueof the yen fluctuates. We find that Japanese firms tend tostrike a balance between these goals. The firms’ foreigncustomers do...

Retailers have been criticized for heavily relying on odd prices although their advantage over even prices has not been convincingly proven. In this paper we argue that such behavior does not have to stem solely from tradition, but may be seen as a rational way of dealing with uncertainty. We...

In many markets in developing countries, especially in remote areas, middlemen are thought to earn excessive profits. Non-profits come in to counter what is seen as middlemen's market power, and rich country consumers pay a "fair-trade" premium for products marketed by such non-profits. This...