Quality, Trade, and Exchange Rate Pass-Through /
This paper investigates theoretically and empirically the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. Our model shows that the elasticity of demand perceived by exporters decreases with a real depreciation and with quality, leading to more pricing-t...
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Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2014.
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Серии: | IMF Working Papers; Working Paper ;
No. 2014/042 |
Online-ссылка: | Full text available on IMF |