Financial constraints, firm entry, and exchange rate pass-through

被引：3
|
作者：
Kosaka, Michiru Sakane [1 ]
机构：
[1] Sophia Univ, Fac Liberal Arts, Chiyoda Ku, Tokyo 1028554, Japan
来源：
ECONOMICS LETTERS | 2014年 / 125卷 / 01期
关键词：
Exchange rate pass-through; Firm entry; Heterogeneous firm; Endogenous markup; Financial constraints; INTERNATIONAL-TRADE; CREDIT CONSTRAINTS; PRODUCTIVITY; MARKET; INTEGRATION; PRICES;
D O I：
10.1016/j.econlet.2014.08.023
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using a heterogeneous firm model with firm entry and endogenous markups, I study how the financial constraints of exporting firms affect exchange rate pass-through behaviors. I find that the financial constraints increase the degree of exchange rate pass-through. (C) 2014 Elsevier B.V. All rights reserved.
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页码：143 / 147
页数：5
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