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We analyze the policy trade-offs generated by local currency price stability of imports in economies where upstream producers strategically interact with downstream firms selling the final goods to consumers. We study the effects of staggered price setting at the downstream level on the optimal...
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low value-added cheap Chinese goods flooding G3 markets, we attempt to measure the impact of Chinese prices on G3 import … indicate that reduced import prices from China are the channel through which aggregate domestic prices in the G3 remain …
Persistent link: https://www.econbiz.de/10013075253
-through" onto import prices. For data covering the 1999 to 2010 period, the results suggest that (i) on aggregate, the exchange rate …, timber, or minerals whilst for automobiles and textiles, the impact of the exchange rate upon Import prices is almost always …
Persistent link: https://www.econbiz.de/10013075292
0.23% increase in prices of the US imports in the short run and 0.47% in the long run. Japanese import prices were … of the yuan against the yen, Japanese import prices would be expected to rise 0.55% in the short run and 0.99%, a …
Persistent link: https://www.econbiz.de/10013143241
This paper uses a model of import prices whereby exporters to the euro area set export prices partly as a mark-up on … differences across import suppliers, with EU member states who are not part of the euro area assigning a relatively larger weight …
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Using both regression- and VAR-based estimates, the paper finds that the exchange rate pass-through to import prices … import price pass-through, it would not imply a lower export price pass-through. Recent explanations of this puzzle have …
Persistent link: https://www.econbiz.de/10013098580