Exchange Rate Fluctuations, Pass-Through, and Market Share.
When the exchange rate fluctuates and the market exhibits hysteresis, planning horizons of domestic and foreign competitors will matter in determining pass-through as well as relative market shares of these firms. Using the Cournot duopoly model, it is shown that if the foreign exporter is a long-te...
Collectivité auteur: | |
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1989.
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Collection: | IMF Working Papers; Working Paper ;
No. 1989/067 |
Sujets: | |
Accès en ligne: | Full text available on IMF |