and found that the currency in which prices are set has significant implications for exchange rate pass-through to import … goods, the more likely its exporters will price in the exporter's currency. Country size and the cyclicality of real wages …, the new currency is likely to be used more extensively in trade than the sum of the currencies it replaces. …

and found that the currency in which prices are set has significant implications for exchange rate pass-through to import … goods, the more likely its exporters will price in the exporter's currency. Country size and the cyclicality of real wages …, the new currency is likely to be used more extensively in trade than the sum of the currencies it replaces …

and found that the currency in which prices are set has significant macroeconomic and policy implications. In this paper … price in their own currency. We also show that when a set of countries forms a monetary union, the new currency is likely to …

and found that the currency in which prices are set has significant implications for exchange rate pass-through to import … goods, the more likely its exporters will price in the exporter's currency. Country size and the cyclicality of real wages …, the new currency is likely to be used more extensively in trade than the sum of the currencies it replaces …