A structural approach to explaining incomplete exchange-rate pass-through and pricing-to-market

American Economic Review

Volumn 98, Issue 2, 2008, Pages 423-429

  Goldberg, Pinelopi Koujianou ^a,b   Hellerstein, Rebecca ^c  

^a PRINCETON UNIVERSITY   (United States)

^b BUREAU FOR RESEARCH AND ECONOMIC ANALYSIS OF DEVELOPMENT   (United States)

^c FEDERAL RESERVE BANK OF NEW YORK   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 44949120658     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.98.2.423     Document Type: Conference Paper

References (14)

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2. Burstein, Ariel, Joao Neves, and Sergio Rebelo. 2003. "Distribution Costs and Real Exchange Rate Dynamics during Exchange-Rate-Based Stabilizations." Journal of Monetary Economics, 50(6): 1189-1214.
3. Goldberg, Linda, and Jose Campa. 2006. "Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates." National Bureau of Economic Research Working Paper 12121.
4. Goldberg, Pinelopi K. 1995. "Product Differentiation and Oligopoly in International Markets: The Case of the US Automobile Industry." Econometrica, 63(4): 891-951.
5. Goldberg, Pinelopi K., and Rebecca Hellerstein. 2007. "A Framework for Identifying the Sources of Local-Currency Price Stability with an Empirical Application." National Bureau of Economic Research Working Paper 13183.
6. Goldberg, Pinelopi K., and Michael Knetter. 1997. "Goods Prices and Exchange Rates: What Have We Learned?" Journal of Economic Literature, 35(3): 1243-72.
7. Goldberg, Pinelopi K., and Frank Verboven. 2001. "The Evolution of Price Dispersion in the European Car Market." Review of Economic Studies, 68(4): 811-48.
8. Gopinath, Gita, Oleg Itskhoki, and Roberto Rigobon. 2007. "Currency Choice and Exchange Rate Pass-Through." National Bureau of Economic Research Working Paper 13432.
9. Hellerstein, Rebecca. Forthcoming. "Who Bears the Cost of a Change in the Exchange Rate? Pass-through Accounting for the Case of Beer." Journal of International Economics.
10. Hellerstein, Rebecca, Deirdre Daly, and Christina Marsh. 2006. "Have US Import Prices Become Less Responsive to Changes in the Dollar?" Federal Reserve Bank of New York Current Issues in Economics and Finance, 12(6): 1-7.
11. Knetter, Michael. 1989. "Price Discrimination by US and German Exporters." American Economic Review, 79(1): 198-210.
12. Marazzi, Mario, Nathan Sheets, Robert J. Vigfusson, Jon Faust, Joseph Gagnon, Jaime Marquez, Robert F. Martin, Trevor Reeve, and John Rogers. 2005. "Exchange Rate Passthrough to US Import Prices: Some New Evidence." Board of Governors of the Federal Reserve System International Finance Discussion Paper 2005-833.
13. Nakamura, Emi. 2007. "Accounting for Incomplete Pass-Through."http://www.columbia.edu/~en2198/papers/passthrough_dynamic. pdf.
14. Ravn, Morten, Stephanie Schmitt-Grohe, and Martin Uribe. 2007. "Incomplete Cost Pass-through under Deep Habits." National Bureau of Economic Research Working Paper 12961.