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.e., pricing-to-market). Using both time series and panel estimation techniques, the econometric results suggest that the pass …This paper uses a model of import prices whereby exporters to the euro area set export prices partly as a mark-up on …
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firms, matching together export data with firm-level credit constraints, shows that most of the 2008-2009 trade collapse is …
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The unprecedented drop in international trade during the last quarter of 2008 and the first quarter of 2009 has mainly been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity, size or external financial dependence should be...
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particular we discuss a recently suggested technique for the estimation of log-linear CES models. Overall, our findings suggest a …
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