Showing 1 - 10 of 5,317
This paper examines exchange rate pass-through into German import unit values over the last 20 years. I find incomplete … result holds when considering monthly 8-digit data, the most disaggregated German import data available. Furthermore, I … distinguish 16 German trading partners and estimate substantial cross-country differences in the pass-through to import unit …
Persistent link: https://www.econbiz.de/10010304284
larger, have higher export shares in destination markets, and import are more likely to raise the domestic currency price of …
Persistent link: https://www.econbiz.de/10012423988
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro … suggest a long-run Engle and Granger cointegrating relationship (between import unit values, the exchange rate and foreign …
Persistent link: https://www.econbiz.de/10010295240
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro … suggest a cointegrating relationship (between import unit values, the exchange rate and foreign prices), which is typically …
Persistent link: https://www.econbiz.de/10010295304
-movement of export and import related exchange rates. I find that operational hedging requires firms to intentionally choose … export and import regions with comoving currencies. Analyzing the locational choice of firms confirms that the co-movement of …
Persistent link: https://www.econbiz.de/10011626625
We estimate the link between exchange rate fluctuations and the labour input of Canadian manufacturing industries. The analysis is based on a dynamic model of labour demand, and the econometric strategy employs a panel two-step approach for cointegrating regressions. Our data are drawn from a...
Persistent link: https://www.econbiz.de/10011481493
theoretical framework that combines variable markups due to strategic complementarities and endogenous choice to import … intermediate inputs. The model predicts that firms with high import shares and high market shares have low exchange rate pass … destination and imports by source country. We confi rm that import intensity and market share are the prime determinants of pass …
Persistent link: https://www.econbiz.de/10010333649
We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our approach uses a compositional multinomial logit model, in which currency choice depends on the characteristics of both the currency and the country. We use unique quarterly panel...
Persistent link: https://www.econbiz.de/10010275698
theoretical framework that combines variable markups due to strategic complementarities and endogenous choice to import … intermediate inputs. The model predicts that firms with high import shares and high market shares have low exchange rate pass … destination and imports by source country. We confirm that import intensity and market share are the prime determinants of pass …
Persistent link: https://www.econbiz.de/10011506758
import tariffs on a destination market are associated with less pricing-to-market, whereas non-tariff measures are associated …
Persistent link: https://www.econbiz.de/10011381193