International Prices, Costs, and Markup Differences

Relative cross-border retail prices, in a common currency, comove closely with the nominal exchange rate. Using product-level prices and wholesale costs from a grocery chain operating in the United States and Canada, we decompose this variation into relative costs and markup components. The high cor...

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Veröffentlicht in:The American economic review 2011-10, Vol.101 (6), p.2450-2486
Hauptverfasser: Gopinath, Gita, Gourinchas, Pierre-Olivier, Hsieh, Chang-Tai, Li, Nicholas
Format: Artikel
Sprache:eng
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