Pricing-to-Market, Trade Costs, and International Relative Prices

International relative prices across industrialized countries show large and systematic deviations from relative purchasing power parity. We embed a model of imperfect competition and variable markups in a quantitative model of international trade. We find that when our model is parameterized to mat...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	The American economic review 2008-12, Vol.98 (5), p.1998-2031
Hauptverfasser:	Atkeson, Andrew, Burstein, Ariel
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital costs Central banks Competition Consumer Price Index Costs Economic models Exports Foreign exchange rates Hypotheses Industrialized nations International economics International market International trade Marginal costs Market share Market structure Markups Monopolistic competition Price level Pricing Purchasing power parity Relative prices Studies Terms of trade U.S.A
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!