Exchange Rate Pass-Through When Market Share Matters.
The authors investigate the pass-through from exchange rates to import prices when firms' future demands depend on their current market shares. They show that profit-maximizing foreign firms may either raise or lower their dollar export prices when the dollar appreciates temporarily (i.e., the...
| Glavni autori: | , |
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| Format: | Journal article |
| Jezik: | English |
| Izdano: |
1989
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