Endogenous trade participation with incomplete exchange rate pass-through

Research English OPEN
Imura, Yuko;
  • Publisher: Bank of Canada Ottawa
  • Subject: International topics | F12 | Exchange rates | F44 | Business fluctuations and cycles
    • ddc: ddc:330
    mesheuropmc: health care economics and organizations

This paper investigates the implications of endogenous trade participation for international business cycles, trade flow dynamics and exchange rate pass-through when price adjustments are staggered across firms. I develop a two-country dynamic stochastic general equilib... View more
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