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商品詳細
The New Open Economy Macroeconomics of Exchange Rate Pass-Through and Foreign Direct Investment.
・ISBN 978-3-631-58567-2 paper SFR 69.35
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お気に入り
★★★
| 著者・編者 | Swonke, Christoph, |
|---|---|
| シリーズ | Studien zu Internationalen Wirtschaftsbeziehungen |
| 出版社 | (P. Lang, SZ) |
| 出版年月 | 2009 |
| ページ数 | x, 158 S. |
| 言語 | ENG |
| ニュース番号 | ＜567-432 567-L116＞ |
解説
Recent developments in international economics have resulted in a research agenda labelled as the <> (NOEM). This book provides a description of the baseline model and discusses open questions in the literature. Two price setting assumptions can be distinguished, the producer currency price setting and the local currency price setting with crucial difference according to the transmission process. The study examines the presence of either price setting assumptions on an empirical basis, the analysis of German exporters and the reaction of import prices in response to exchange rate changes. Finally the traditional NOEM model structure is enriched by introducing foreign direct investment effects.