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-section dependence of errors, considering the heterogeneous cointegration in export pricing models and producing PTM estimates for short …
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" theory, which indicates that increases in firms' export size change the buyer's and seller's preferences over currency …
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This paper investigates the impact of market structure on the joint determination of exchange rate pass-through and currency of invoicing in international trade. A novel feature of the study is the focus on market share of firms on both sides of the market - that is, exporting firms and...
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