Exchange Rates, Local Currency Pricing and International Tax Policies
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https://www.nber.org/papers/w25111
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资源简介:
Empirical evidence suggests that for many countries, retail prices of traded goods are sticky in national currencies. Movements in exchange rates then cause deviations from the law of one price, and exchange rate misalignment, which cannot be corrected by monetary policy alone. This paper shows that
提供机构:
美国国家经济研究局
创建时间:
2018-10-01



