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Testing the pricing-to-market hypothesis : case of the transportation equipment industry / by Lynda Khalaf and Maral Kichian.FB3-2/100-8E

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This paper is concerned with the application of a size-correct test, which is immune to poor instruments, to a partial-equilibrium model of pricing-to-market (PTM). Pricing-to-market theory was advanced by Krugman (1987) as a possible explanation for the empirical observation that important movements in the bilateral nominal exchange rate between two countries that trade are not necessarily fully reflected in the price of imports.--Introduction

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Publication information
Department/Agency
  • Bank of Canada.
TitleTesting the pricing-to-market hypothesis : case of the transportation equipment industry / by Lynda Khalaf and Maral Kichian.
Series title
  • Working paper 1192-5434 2000-8
Publication typeMonograph - View Master Record
Language[English]
FormatPhysical text
Other formatsDigital text-[English]
Note(s)
  • "This paper is concerned with the application of a size-correct test, which is immune to poor instruments, to a partial-equilibrium model of pricing-to-market (PTM). Pricing-to-market theory was advanced by Krugman (1987) as a possible explanation for the empirical observation that important movements in the bilateral nominal exchange rate between two countries that trade are not necessarily fully reflected in the price of imports."--Introduction.
  • Résumés en français
Publishing information
  • Ottawa - Ontario : Bank of Canada 2000.
BindingSoftcover
Descriptionvi, 26p. : references, tables ; 28 cm.
ISBN0-662-28959-5
ISSN1192-5434
Catalogue number
  • FB3-2/100-8E
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