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 |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2014.
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Серія: | IMF Working Papers; Working Paper ;
No. 2014/042 |
Онлайн доступ: | Full text available on IMF |