Exchange Rate Pass-Through and Dynamic Oligopoly : An Empirical Investigation /

This paper explicitly takes into account the dynamic oligopolistic rivalry among source producers to evaluate the degree of exchange rate pass-through. Using recent time-series techniques for the case of imported automobiles in Switzerland, the results show that prices are strategic complements and...

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Автор: Gross, Dominique
Інші автори: Schmitt, Nicolas
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1999.
Серія:IMF Working Papers; Working Paper ; No. 1999/047
Онлайн доступ:Full text available on IMF
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100 1 |a Gross, Dominique. 
245 1 0 |a Exchange Rate Pass-Through and Dynamic Oligopoly :   |b An Empirical Investigation /  |c Dominique Gross, Nicolas Schmitt. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper explicitly takes into account the dynamic oligopolistic rivalry among source producers to evaluate the degree of exchange rate pass-through. Using recent time-series techniques for the case of imported automobiles in Switzerland, the results show that prices are strategic complements and that the degree of pass-through is lower in the long run than in the short run. We attribute this to the fact that, although some rivals match long-term price changes, others do not, inducing the producer who faces a change in exchange rate to absorb a greater proportion of the variation. 
538 |a Mode of access: Internet 
700 1 |a Schmitt, Nicolas. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/047 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/047/001.1999.issue-047-en.xml  |z IMF e-Library