International Financial Market Integration, Asset Compositions, and the Falling Exchange Rate Pass-Through

This paper provides an explanation for the observed decline of the exchange rate pass-through into import prices by modeling the effects of financial market integration on the optimal choice of the pricing currency in the context of rigid nominal goods prices. Contrary to previous literature, we tak...

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Bibliographic details
Main Author: Enders, Almira
Enders, Zeno
Hoffmann, Mathias
Format: Publication
Language: English
Place of publication: Munich: Center for Economic Studies and Ifo Institute (CESifo) 01.01.2017
Data of publication: 2017-01-01
Dewey Decimal Classification: 330
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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