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einheitliche europäische Geldpolitik übernahm. Neben der Klärung der grundsätzlichen Frage, ob die einzelnen geldpolitischen …
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This paper investigates the pricy-setting behavior of suppliers of imports. The ad-hoc estimation of error-correction models for the U.S., Japan, Germany, France, and Italy indicates that changes in the real exchange rate are not fully passed through into import prices, not even in the long run....
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