Narrow search
Showing 1 - 10 of 1,112
Cover Image
Optimal Monetary Policy and the Sources of Local-Currency Price Stability
Corsetti, Giancarlo - 2010
We analyze the policy trade-offs generated by local currency price stability of imports in economies where upstream producers strategically interact with downstream firms selling the final goods to consumers. We study the effects of staggered price setting at the downstream level on the optimal...
Persistent link: https://www.econbiz.de/10012759752
Cover Image
Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, it and Productivity
Bloom, Nicholas - 2015
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10013038317
Cover Image
Are Chinese Trade Flows Different?
Cheung, Yin-Wong - 2012
allow for different import intensities for different components of aggregate demand (specifically, consumption versus …
Persistent link: https://www.econbiz.de/10013109870
Cover Image
The Antebellum U.S. Iron Industry : Domestic Production and Foreign Competition
Davis, Joseph H. - 2007
sensitive to changes in import prices. Although import price fluctuations had a much greater impact on U.S. production than … changes in import duties, our estimates suggest that the tariff permitted domestic output to be about thirty to forty percent …
Persistent link: https://www.econbiz.de/10012775911
Cover Image
The Antebellum Tariff on Cotton Textiles Revisited
Irwin, Douglas A.; Temin, Peter - 2021
1860, we estimate the responsiveness of domestic production to fluctuations in import prices and conclude that the industry …
Persistent link: https://www.econbiz.de/10013313764
Cover Image
Currency Choice and Exchange Rate Pass-Through
Gopinath, Gita - 2010
A central assumption of open economy macro models with nominal rigidities relates to the currency in which goods are priced, whether there is so-called producer currency pricing or local currency pricing. This has important implications for exchange rate pass-through and optimal exchange rate...
Persistent link: https://www.econbiz.de/10012759802
Cover Image
Commodity Export Prices and the Real Exchange Rate in Developing Countries : Coffee in Colombia
Edwards, Sebastian - 2007
In this paper a model that analyzes the interaction between changes in commodity export prices, money creation, inflation, and the real exchange rate in a developing country is developed. The model is then tested using data for Colombia. A number of experts have argued that the fluctuations of...
Persistent link: https://www.econbiz.de/10012777342
Cover Image
A Structural Approach to Identifying the Sources of Local-Currency Price Stability
Goldberg, Pinelopi - 2010
The inertia of the local-currency prices of traded goods in the face of exchange-rate changes is a well-documented phenomenon in International Economics. This paper develops a structural model to identify the sources of this local-currency price stability and applies it to micro data from the...
Persistent link: https://www.econbiz.de/10012760040
Cover Image
Export Prices and Exchange Rates
Kravis, Irving B.; Lipsey, Robert E.; Kalter, Eliot R.J - 2022
The present paper is intended to make a modest contribution to an under-standing of one small but important link in this complicated chain of interacting factors. It is a link that has often been ignored because strong simplifying assumptions have until very recently usually been made about it....
Persistent link: https://www.econbiz.de/10013294696
Cover Image
Decomposing the Great Trade Collapse : Products, Prices, and Quantities in the 2008-2009 Crisis
Haddad, Mona - 2010
We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...
Persistent link: https://www.econbiz.de/10013139522