Testing the pricing-to-market hypothesis : case of the transportation equipment industry / by Lynda Khalaf and Maral Kichian.  : FB3-2/100-8E

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This paper is concerned with the application of a size-correct test, which is immune to poor instruments, to a partial-equilibrium model of pricing-to-market (PTM). Pricing-to-market theory was advanced by Krugman (1987) as a possible explanation for the empirical observation that important movements in the bilateral nominal exchange rate between two countries that trade are not necessarily fully reflected in the price of imports.--Introduction

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Ministère/Organisme Bank of Canada.
Titre Testing the pricing-to-market hypothesis : case of the transportation equipment industry / by Lynda Khalaf and Maral Kichian.
Titre de la série Working paper1192-54342000-8
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Format Papier
Autres formats offerts Électronique-[Anglais]
Note(s) "This paper is concerned with the application of a size-correct test, which is immune to poor instruments, to a partial-equilibrium model of pricing-to-market (PTM). Pricing-to-market theory was advanced by Krugman (1987) as a possible explanation for the empirical observation that important movements in the bilateral nominal exchange rate between two countries that trade are not necessarily fully reflected in the price of imports."--Introduction.
Résumés en français
Information sur la publication Ottawa - Ontario : Bank of Canada 2000.
Reliure Softcover
Description vi, 26p. : references, tables ; 28 cm.
ISBN 0-662-28959-5
ISSN 1192-5434
Numéro de catalogue
  • FB3-2/100-8E
Descripteurs Exchange rates
Imports
Exports
Prices
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