This paper estimates export and import price equations for 41 countries –including 28 emerging market economies … differentiation also play a role; (iii) export and import price elasticities tend to be strongly correlated across countries; (iv … with a rise in pricing-to-market in several EMEs and especially with a change in the geographical composition of U …

price in their own currency. We also show that when a set of countries forms a monetary union, the new currency is likely to …

firms simultaneously decide on their pricing and innovation strategies is used as the basis for the econometric analysis …, Netherlands) from three major non-euro area import suppliers (US, Japan, UK). The results show that exporting firms’ price and …

proces across countries. This entails possibly large deviations from the law of one price and incomplete pass-through on … across equilibria translate into small differences in consumption, employment and the price level. Finally, we show that with …

non-linearities in the reaction of profit margins to exchange rate movements, which may arise from the presence of price …

over time, no clear change in pricing behaviours can be identified and particular events, like large exchange rates …