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How do different exporters react to exchange rate changes?

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"Most analyses of the macroeconomic adjustment required to correct global imbalances ignore net exports of new varieties of goods and services and do not account for firms' entry in the product market. In this paper we revisit the macroeconomics of trade adjustment in the context of the classic...

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Varieties and the Transfer Problem : The Extensive Margin of Current Account Adjustment

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Most analyses of the macroeconomic adjustment required to correct global imbalances ignore net exports of new varieties of goods and services and do not account for firms' entry in the product market. In this paper we revisit the macroeconomics of trade adjustment in the context of the classic...

Persistent link: https://www.econbiz.de/10012759531

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