[PDF] Top 20 Market Structure and Exchange Rate Pass-Through *

... which market structure and the way in which it affects pricing decisions of profit-maximizing firms can explain incomplete exchange rate ...how pass-through rates vary across ... See full document

... Exchange rate pass-through is defined as the percentage change in local currency import prices resulting from a one percent change in exchange rate between exporting and ... See full document

... on Exchange Arrangements and Exchange ...multiple exchange rate regime, (ii) the presence of restrictions on current account transactions, (iii) the presence of restrictions on capital account ... See full document

... firm’s exchange rate pass-through to its import intensity and export market shares, all of which are endogenously ...of exchange rate ...and market shares are ... See full document

... rates, exchange rate, import prices, producer prices and CPI ...interest rate is ordered before the exchange rate as proposed by (Choudri, ...that exchange rate can impact ... See full document

... to market, which means that exporters in the euro zone do not increase mark-ups, but rather care about future market ...instantaneous pass-through is ...to market nor error correction ... See full document

... incomplete pass-through at the firm level are different regarding their explanations for how the degree of pass-through differs across ...of pass-through comes from the firm size ... See full document

... Much subsequent work explored links between passthrough rates and macroeconomic conditions. Taylor (2000) and Choudhri and Hakura (2006) argue that a low inflation environment results in a low ERPT rate. In an ... See full document

... of exchange rate changes may impart asymme- try in the ERPT ...import pass-through behavior correspond, respectively, to depreciations and appreciations of the importer’s ...Lower ... See full document

... Sudan monetary policy is characterized by increased uncertainty that reduces the number of domestically produced goods priced with reference to domestic market conditions. The central bank of Sudan usually sets an ... See full document

... floating exchange rate and inflation ...currency market in order to maintain stability from short- term currency fluctuations, the level of currency reserves and financial and price ...effective ... See full document

... the exchange rate tended to be near the lower ...the exchange rate touched the upper bound of the band and the Central Bank had to sell foreign ...wholesale market. Since then the ... See full document

... (PCP), pass-through tends to be much greater than when prices are set in the importer’s currency ...exogenous exchange rate shock, ERPT would be one under PCP and zero under ...of ... See full document

... international market, so exporters may maintain commodity prices in terms of their own currencies when facing exchange rate fluctuation of ...product structure of paper, plastic and rubber ... See full document

... Exchange rate is an effective factor in evaluating profitability and efficiency of investment projects, affecting total investment, both on domestic and foreign ...in exchange rate, for ... See full document

... average exchange rate pass-through in South Africa was low, it is however higher for nominal than for real ...of exchange rate pass-through may be long lasting ... See full document

... long-run pass-through of exchange rate to domestic prices in an emerging market ...because exchange rate is a channel of monetary policy ... See full document

... to exchange rate changes, the latter concept (that is, local currency pricing) is ...destination market (that is, the importing country) depreciates, then exporters may be willing to absorb this ... See full document

... namely; exchange rate movement which affects import prices and exchange rate changes which affect import ...of exchange rate movements on prices is ...to market” by ... See full document

... the exchange rate to transfer external shocks to the national economy remains one of the most discussed areas relating to the current stage of the monetary integration process in the European single ... See full document