000	00000nam 2200000zi 4500
001	9.880113
003	CaOODSP
005	20221107165708
006	m     o  d f
007	cr cn|||||||||
008	191003t20192019onca    ob   f000 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
041	0 |aeng|beng|bfre
086	1 |aFB3-5/2019-41E-PDF
100	1 |aDevereux, Michael P., |eauthor.
245	10|aTrade flows and exchange rates : |bimporters, exporters and products / |cby Michael B. Devereux, Wei Dong and Ben Tomlin.
264	1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2019.
264	4|c©2019
300	|a1 online resource (iii, 37 pages) : |billustrations (chiefly colour).
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aBank of Canada staff working paper, |x1701-9397 ; |v2019-41
500	|a"October 2019."
504	|aIncludes bibliographical references (pages 35-37).
520	3 |a"Using highly disaggregated transaction-level trade data, we document the importance of new firm-level trade partner relationships and the addition of new products to existing relationships in driving long-run import flows. Moreover, we find that these margins are sensitive to movements in the exchange rate. We rationalize these findings in a model of international trade with endogenous matching between heterogenous importers and exporters. Simulations of the model highlight a new channel through which exchange rate movements can affect trade—through the short-run formation of new trade relationships and the range of products traded within relationships—which can impact long-run flows"--Abstract, page ii.
546	|aIncludes abstracts in English and French.
692	07|2gccst|aInternational trade
692	07|2gccst|aExchange rates
692	07|2gccst|aModels
700	1 |aTomlin, Ben, |eauthor.
700	1 |aDong, Wei, |eauthor.
710	2 |aBank of Canada.
830	#0|aStaff working paper (Bank of Canada)|v2019-41.|w(CaOODSP)9.806221
856	40|qPDF|s1.31 MB|uhttps://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-5-2019-41-eng.pdf