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Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than American exporters, who tend to price to domestic...
Persistent link: https://www.econbiz.de/10014395791
When the exchange rate fluctuates and the market exhibits hysteresis, planning horizons of domestic and foreign competitors will matter in determining pass-through as well as relative market shares of these firms. Using the Cournot duopoly model, it is shown that if the foreign exporter is a...
Persistent link: https://www.econbiz.de/10014396230
Persistent link: https://www.econbiz.de/10011242516
This 2013 Article IV Consultation highlights that growth in Uruguay has moderated to a more sustainable pace since 2012 …
Persistent link: https://www.econbiz.de/10011242539
persists but capital inflows have improved, and policy measures have been taken in response. Uruguay exhibits no obvious signs …
Persistent link: https://www.econbiz.de/10011243452
years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias … Uruguay and suggested that strong institutions and macroeconomic stability have helped attract FDI to the secondary and …
Persistent link: https://www.econbiz.de/10011244441
loans to unhedged borrowers and incorporate greater exchange rate stress into the supervisory stress tests. ? Uruguay …
Persistent link: https://www.econbiz.de/10011244658
This paper discusses key findings of the Report on the Observance of Standards and Codes—Data Module for Uruguay …. Uruguay exceeds the Special Data Dissemination Standard (SDDS) timeliness requirements for labor market (employment … integrity, based on the mission’s meetings with data users, the Central Bank of Uruguay and National Institute of Statistics …
Persistent link: https://www.econbiz.de/10011245146
Uruguay’s near-term outlook is positive, but with risks and policy challenges. Medium-term challenges include bolstering the economy’s resilience to shocks and fostering productivity growth. Inflation is a priority and monetary policy cannot fight inflation alone; concerted efforts...
Persistent link: https://www.econbiz.de/10011245272
This Selected Issues paper examines the drivers and implications of the agricultural land price boom in Uruguay. It …
Persistent link: https://www.econbiz.de/10011245648