Multi-Product Firms and Exchange Rate Fluctuations
نویسندگان
چکیده
منابع مشابه
Multi-product exporters, variable markups and exchange rate fluctuations
In this paper we investigate how firms adjust markups across products in response to fluctuations in the real exchange rate. In a theoretical framework, we show that firms increase their markups and producer prices following a real depreciation and that this increase is greater for products with higher productivity, a consequence of local distribution costs. We estimate markups at the market-pr...
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Author Contact: K. G. Stewart, Dept. of Economics, University of Victoria, P.O. Box 1700, STN CSC, Victoria, B.C., Canada V8W 2Y2; e-mail: [email protected]; Phone: (250) 721-8534; FAX: (250) 721-6214 Abstract The appropriate conception of team outputs is investigated by estimating a two-output factor demand system for baseball teams, relative to which single-output models are rejected. There is...
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ژورنال
عنوان ژورنال: American Economic Journal: Economic Policy
سال: 2013
ISSN: 1945-7731,1945-774X
DOI: 10.1257/pol.5.2.77