Exchange Rates, Market Structure, Prices and Imports* |
| |
Authors: | ANNE SIBERT |
| |
Affiliation: | University of Kansas, Lawrence, USA |
| |
Abstract: | Eighteen months after sizable declines in the US and Australian dollars in 1985, the trade accounts of both countries showed little improvement In some markets import prices failed to decline as expected Was this due to normal lags, or are there markets where exchange rate responses are limited? This paper analyzes the impact of firm behaviour and market structure on the sensitivity of import markets to exchange rate changes. |
| |
Keywords: | |
|
|