Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5862 |
来源ID | Working Paper 5862 |
Goods Prices and Exchange Rates: What Have We Learned? | |
Pinelopi K. Goldberg; Michael M. Knetter | |
发表日期 | 1996-12-01 |
出版年 | 1996 |
语种 | 英语 |
摘要 | Import prices typically change by a smaller proportion than the exchange rate between the exporting and importing country. Recent research indicates that common-currency relative prices for similar goods exported to different markets are highly correlated with exchange rates between those markets. This evidence suggests that incomplete pass-through is a consequence of third-degree price discrimination. While distance matters for market segmentation, borders have independent effects. The source of the border effect has not been clearly identified. Furthermore, there is little evidence yet to suggest substantial market power is implied by the observed price discrimination. |
主题 | International Economics ; Trade ; International Finance |
URL | https://www.nber.org/papers/w5862 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563356 |
推荐引用方式 GB/T 7714 | Pinelopi K. Goldberg,Michael M. Knetter. Goods Prices and Exchange Rates: What Have We Learned?. 1996. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w5862.pdf(2250KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。