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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Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1997.
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Серии: | IMF Working Papers; Working Paper ;
No. 1997/126 |
Online-ссылка: | Full text available on IMF |