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The alternative specifications of the behavioural equilibrium exchange rate models (the BEERs) and their permanent counterparts (the PEERs) often deliver diverse estimates of the equilibrium exchange rate. In the case of the Czech koruna against the euro exchange rate, the discrepancy among the...
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data on aggregate beer sales in US grocery stores. We find substantial heterogeneity in residual equity at different …
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brands whose consumption is strongly impacted by country of origin (e.g. French whine, Swiss chocolate, German beer, etc … export/import prices and numerous studies show that the effect of currency fluctuations decreases within the distribution …
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In this paper the existence and magnitude of market power for the German beer exporters is tested. Two theoretical …
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