Exchange Rate Volatility, Pricing to Market and Trade Smoothing /

This paper investigates the consequences of exchange rate volatility on the variability of export prices and quantities in the presence of market segmentation and pricing to market. Firms stabilize destination prices through systematic price discrimination, limiting the degree of exchange rate pass-...

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Détails bibliographiques
Auteur principal: Faruqee, Hamid
Autres auteurs: Clark, Peter
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1997.
Collection:IMF Working Papers; Working Paper ; No. 1997/126
Accès en ligne:Full text available on IMF