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...

Descrición completa

Detalles Bibliográficos
Main Authors: Froot, K, Klemperer, P
Formato: Journal article
Idioma:English
Publicado: 1989