Manufacturers selling in foreign markets often do not completely pass on the effects of fluctuations in exchange rates to the trade prices of their products. Our paper addresses this puzzle and studies the effects of the international distribution channel on exchange rate pass-through. We...

Manufacturers selling in foreign markets often do not completely pass on the effects of fluctuations in exchange rates to the prices of their products. Our paper addresses this puzzle and studies the effects of the international distribution channel on exchange rate pass-through. We develop an...

This paper investigates the role of currency denomination in the the intertemporal risk-return relation among G7 countries. Similar to the findings of previous studies, our estimation also shows that the financial markets of the G7 countries are integrated. We obtain significant pricing...