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http://worldcat.org/entity/work/id/65108094

Pricing-to-market in a Ricardian model of international trade

"We study the implications for international relative prices of a simple Ricardian model of international trade with imperfect competition and variable markups, providing a tractable account of firm-level and aggregate prices. We show that both trade costs and imperfect competition with variable markups are needed to account for pricing-to-market at the firm and aggregate levels. We also show that international trade costs are essential, but pricing-to-market is not, to account for a high volatility of tradeable consumer prices relative to the overall CPI-based real-exchange rate"--NBER website.

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  • "We study the implications for international relative prices of a simple Ricardian model of international trade with imperfect competition and variable markups, providing a tractable account of firm-level and aggregate prices. We show that both trade costs and imperfect competition with variable markups are needed to account for pricing-to-market at the firm and aggregate levels. We also show that international trade costs are essential, but pricing-to-market is not, to account for a high volatility of tradeable consumer prices relative to the overall CPI-based real-exchange rate."
  • ""We study the implications for international relative prices of a simple Ricardian model of international trade with imperfect competition and variable markups, providing a tractable account of firm-level and aggregate prices. We show that both trade costs and imperfect competition with variable markups are needed to account for pricing-to-market at the firm and aggregate levels. We also show that international trade costs are essential, but pricing-to-market is not, to account for a high volatility of tradeable consumer prices relative to the overall CPI-based real-exchange rate"--NBER website."@en

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  • "Pricing-to-market in a Ricardian model of international trade"
  • "Pricing-to-market in a Ricardian model of international trade"@en
  • "Pricing-to-market in a Ricardian model of international tradeDo employment protections reduce productivity"
  • "Pricing-to-Market in a Ricardian Model of International Trade"@en
  • "Pricing-to-Market in a Ricardian Model of International Trade"

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