International deviations from the law of one price: The role of search frictions and market share

International Economic Review

Volumn 45, Issue 4, 2004, Pages 1263-1291

  Alessandria, George ^a  

^a FEDERAL RESERVE BANK OF PHILADELPHIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 10044264306     PISSN: 00206598     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0020-6598.2004.00305.x     Document Type: Article

References (31)

1. ALESSANDRIA, G., "Price Dispersion and International Relative Price Volatility," Mimeo, The Ohio State University, 2003.
2. BACKUS, D., P. KEHOE, AND F. KYDLAND, "International Business Cycles: Theory and Evidence," in T. Cooley, ed., Frontiers in Business Cycle Research (Princeton: Princeton University Press, 1995), 331-56.
3. BETTS, C, AND M. DEVEREUX, "The Exchange Rate in a Model of Pricing to Market," European Economic Review 40 (1996), 1007-21.
4. -, AND -, "Exchange Rate Dynamics in a Model of Pricing-to-Market, " Journal of International Economics 50 (2000), 215-44.
5. CANZONERI, M., R. CUMBY, AND B. DIBA, "Relative Labor Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries," Journal of International Economics 47 (1999), 245-66.
6. CASELLA, A., AND J. RAUCH, "Anonymous Market and Group Ties in International Trade," Journal of International Economics 58 (2002), 19-47.
7. DIAMOND, P., "A Model of Price Adjustment," Journal of Economic Theory 3 (1971), 15668.
8. DOHNER, R., "Export Pricing, Flexible Exchange Rates and Divergence in the Price of Traded Goods," Journal of International Economics 16 (1984), 79-101.
9. DORNBUSCH, R., "Exchange Rates and Prices," American Economic Review 77 (1987), 93-106.
10. ENGEL, C., "Real Exchange Rates and Relative Prices," Journal of Monetary Economics 32 (1993), 35-50.
11. -, "Accounting for U.S. Real Exchange Rate Changes," Journal of Political Economy 107(1999), 507-38.
12. -, AND J. ROGERS, "How Wide is the Border?" American Economic Review 86 (1996), 1112-25.
13. FEENSTRA, R., J. GAGNON, AND M. KNETTER, "Market Share and Exchange Rate Pass-Through in World Automobile Trade," Journal of International Economics 40 (1996), 187-207.
14. FISHER, E., "A Model of Exchange Rate Pass-Through," Journal of International Economics 26(1989), 119-37.
15. FISHMAN, A., AND R. ROB, "The Durability of Information, Market Efficiency and the Size of Firms," International Economic Review 36 (1995), 19-36.
16. FROOT, K., AND P. KLEMPERER, "Exchange Rate Pass-Through When Market Share Matters," American Economic Review 79 (1989), 637-54.
17. GIOVANNINI, A., "Exchange Rates and Traded Goods Prices," Journal of International Economics 24 (1988), 45-68.
18. GOLDBERG, P., AND M. KNETTER, "Goods Prices and Exchange Rates: What Have We Learned?" Journal of Economic Literature 35 (1997), 1243-72.
19. GOTTFRIES, N., "Price Dynamics of Exporting and Import-Competing Firms," Scandinavian Journal of Economics 88 (1986), 417-36.
20. ISARD, P., "How Far Can We Push the Law of One Price?" American Economic Review, 67 (1977), 942-8.
21. KASA, K., "Adjustment Costs and Pricing-to-Market: Theory and Evidence," Journal of International Economics 32 (1992), 1-30.
22. KNETTER, M., "Price Discrimination by U.S. and German Exporters," American Economic Review 79 (1989), 198-210.
23. -, "International Comparisons of Pricing-to-Market Behavior," American Economic Review 83 (1993), 473-86.
24. KRAVIS, I., AND R. LIPSEY, "Export Prices and the Transmission of Inflation," American Economic Review 67 (1977), 155-63.
25. KRUGMAN, P., "Pricing to Market When the Exchange Rate Changes," in S. W. Arndt and J. Richardson, eds., Real Financial Linkages Among Open Economies (London: MIT Press, 1987), 49-70.
26. LANGLOIS, C., "For Profit or for Market Share? The Pricing Strategy of Japanese Automakers on the U.S. Market," Journal of the Japanese and International Economies 11 (1997), 55-81.
27. LAPHAM, B., "A Dynamic General Equilibrium Analysis of Deviations from the Law of One Price," Journal of Economic Dynamics and Control 19 (1995), 1355-80.
28. MARSTON, R., "Pricing to Market in Japanese Manufacturing," Journal of International Economics 29 (1990), 217-36.
29. OBSTFELD, M., AND K. ROGOFF, "The Six Major Puzzles in International Macroeconomics: Is There A Common Cause?" in B. Bernanke and K. Rogoff, eds., NBER Macroeconomics Annual 2000 (Boston: MIT Press, 2001).
30. RAUCH, J. "Business and Social Networks in International Trade," Journal of Economic Literature 39 (2001), 1177-203.
31. REED, R., AND K. TRASK, "Decentralized International Exchange," Working Paper, University of Kentucky, 2001.