Reforms and the Real Exchange Rate: The Role of Pricing-to-Market
The paper investigates how endogenous markups affect the extent to which policy reforms can influence international competitiveness. In a two-country model where trade costs allow for international market segmentation, we show that endogenous pricing-to-market behavior of firms acts as an important...
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Main Author: |
Patureau, Lise
Poilly, Céline |
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Format: | Publication |
Language: | English |
Place of publication: |
HAL CCSD 01.10.2018 |
Data of publication: | 2018-10-01 |
Subjects: | |
Online Access: | available in Bonn? |
Database: | OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS |