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This paper investigates the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. We model theoretically the effects of real exchange rate changes on the optimal price and quantity responses of firms that export multiple products with heterogeneous levels...
Persistent link: https://www.econbiz.de/10011084667
This paper investigates theoretically and empirically the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. Our model shows that the elasticity of demand perceived by exporters decreases with a real depreciation and with quality, leading to more...
Persistent link: https://www.econbiz.de/10010790394
This paper investigates the heterogeneous response of exporters to real exchange rate fluctuations due to product quality. We model theoretically the effects of real exchange rate changes on the optimal price and quantity responses of firms that export multiple products with heterogeneous levels...
Persistent link: https://www.econbiz.de/10010862689
Debris flow with intermittent surges is a major natural hazard. Accurate estimation of the total volume of debris flow is a challenge for academic researchers and engineering practitioners. This paper has proposed a new model for the total volume estimation based on 15 years of observations in...
Persistent link: https://www.econbiz.de/10010996143
Using multivariate unit root test methods, this Paper investigates the Purchasing Power Parity (PPP) hypothesis at the sectoral level across six European countries over the last seventeen years. Evidence of mean reversion toward PPP is found for the relative prices of some sectors and countries....
Persistent link: https://www.econbiz.de/10005504281
Persistent link: https://www.econbiz.de/10005527368
We estimate a version of the Melitz and Ottaviano [Melitz, Marc J. and Ottaviano, Gianmarco I.P., 2008, Market size, trade, and productivity, Review of Economic Studies 75(1), pp. 295-316.] model of international trade with firm heterogeneity. The model is constructed to yield testable...
Persistent link: https://www.econbiz.de/10005531279
Persistent link: https://www.econbiz.de/10005531735
Differences in gender-based labour market discrimination across countries imply that migration may affect husbands and wives differently. If migrant wives experience a relative improvement in their labour market position, bargaining theory suggests that they should experience comparatively...
Persistent link: https://www.econbiz.de/10005497767
Nearly all post-war recessions were preceded by oil-price shocks, but is this because spikes in the price of oil cause economic downturns? At the heart of this question lies an identification problem: oil prices and the state of the world economy are endogenously determined. This paper uses...
Persistent link: https://www.econbiz.de/10005498032