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International Prices and Exchange Rates

Handbook of International Economics, 2014, Vol.4, p.391-451

2014 Elsevier B.V. ;ISSN: 1573-4404 ;ISBN: 9780444543141 ;ISBN: 0444543147 ;EISBN: 9780444543158 ;EISBN: 0444543155 ;DOI: 10.1016/B978-0-444-54314-1.00007-0 ;OCLC: 871224339 ;LCCallNum: HF1359 -- .H363 2014eb

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  • Title:
    International Prices and Exchange Rates
  • Author: Burstein, Ariel ; Gopinath, Gita
  • Subjects: Border prices ; Nominal exchange rate ; Pass-through ; Price rigidity ; Real exchange rate ; Trade agreements & tariffs ; Tradeable goods ; Variable markups
  • Is Part Of: Handbook of International Economics, 2014, Vol.4, p.391-451
  • Description: We survey the recent empirical and theoretical developments in the literature on the relation between prices and exchange rates. After updating some of the major findings in the empirical literature, we present a simple framework to interpret this evidence. We review theoretical models that generate insensitivity of prices to exchange rate changes through variable markups, both under flexible prices and nominal rigidities, first in partial equilibrium and then in general equilibrium.
  • Publisher: The Netherlands: Elsevier B.V
  • Language: English
  • Identifier: ISSN: 1573-4404
    ISBN: 9780444543141
    ISBN: 0444543147
    EISBN: 9780444543158
    EISBN: 0444543155
    DOI: 10.1016/B978-0-444-54314-1.00007-0
    OCLC: 871224339
    LCCallNum: HF1359 -- .H363 2014eb
  • Source: ScholarVox International
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