| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4379 |
| DP4379 Dismissal Protection and Worker Flows in Small Establishments | |
| Thomas Bauer; Holger Bonin; Stefan Bender | |
| 发表日期 | 2004-05-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | We provide cross-country and time series evidence on the extent of exchange rate pass-through into the import prices of 25 OECD countries. Across the OECD and especially within manufacturing industries, we find compelling evidence of partial pass-through in the short run, rejecting both producer-currency pricing and local currency pricing. Over the long run, producer-currency pricing is more prevalent for many types of imported goods. We show that many countries have experienced changes in exchange rate pass-through over the past decades. While we find that countries with higher rates of exchange rate volatility are also those with higher pass-through elasticities, we also conclude that macroeconomic variables have played only a minor role in accounting for the evolution of OECD pass-through over time. Far more important for pass-through changes have been the dramatic shifts in the composition of country import bundles. |
| 主题 | International Macroeconomics |
| 关键词 | Exchange rates Pass-through Trade composition |
| URL | https://cepr.org/publications/dp4379 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533333 |
| 推荐引用方式 GB/T 7714 | Thomas Bauer,Holger Bonin,Stefan Bender. DP4379 Dismissal Protection and Worker Flows in Small Establishments. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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