Exchange Rate Pass-Through, Asymmetric Responses and Market Shares
This study examines ERPT with asymmetric response and both import and export market shares, using wool trade data. The study found that, asymmetric response may be as common as symmetric response. In addition, the responses (both in price and quantity demanded) to the changes in exchange rate are co...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2005-06-01
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| Series: | KDI Journal of Economic Policy |
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| Online Access: | https://doi.org/10.23895/kdijep.2005.27.1.185 |