Explaining the Border Effect: The Role of Exchange Rate Variability, Shipping Costs, and Geography
收藏NBER2000-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7836
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资源简介：
This paper exploits a three-dimensional panel data set of prices on 27 traded goods, over 88 quarters, across 96 cities in the U.S. and Japan. We show that a simple average of good-level real exchange rates tracks the nominal exchange rate well, suggesting strong evidence of sticky prices. Focusing
提供机构：
美国国家经济研究局
创建时间：
2000-08-01
