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Exchange Rates and Prices: Evidence from the 2015 Swiss Franc Appreciation

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NBER2021-02-01 更新2025-01-04 收录
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We dissect the impact of a large and sudden exchange rate appreciation on Swiss border import prices, retail prices, and consumer expenditures on domestic and imported non-durable goods, following the removal of the EUR/CHF floor in January 2015. Cross-sectional variation in border price changes by

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2021-02-01
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