Exchange Rate Fluctuations, Pass-Through, and Market Share
When the exchange rate fluctuates and the market exhibits hysteresis, planning horizons of domestic and foreign competitors will matter in determining pass-through as well as relative market shares of these firms. Using the Cournot duopoly model, it is shown that if the foreign exporter is a long-te...
| Corporate Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1989
Washington, D.C. : 1989 |
| Series: | IMF Working Papers; Working Paper ;
No. 1989/067 IMF eLibrary |
| Subjects: |