Is Pricing to Market Behavior a Long-Run Phenomenon? A Non-Stationary Panel Analysis |
| |
Authors: | Abdulnasser Hatemi-J Manuchehr Irandoust |
| |
Abstract: | This paper examines how the Swedish imports prices react to exchange ratechanges in the long run. It finds, through non-stationary panel analysis, thatthe Swedish import prices (for the majority of industries) change but not inproportion to exchange rate changes. The evidence from panel cointegrationalso shows that pricing behavior of the Swedish imports varies across industriesand such variations could be related to industry-specific characteristics. |
| |
Keywords: | Pricing to market exchange rate pass-through panel unit roots panel cointegration Sweden |
本文献已被 SpringerLink 等数据库收录! |