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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Bibliographic details
Main Author: Patureau, Lise
Poilly, Céline
Format: Publication
Language: English
Place of publication: HAL CCSD 01.10.2018
Data of publication: 2018-10-01
Discipline: Economics
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
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