Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/60663 
Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
Staff Report No. 251
Verlag: 
Federal Reserve Bank of New York, New York, NY
Zusammenfassung: 
A large share of international trade occurs through intrafirm transactions. We show that this common cross-border organization of the firm has implications for the welldocumented incomplete transmission of shocks across such borders. We present new evidence of an inverse relationship between a firm’s outsourcing of inputs and its rate of exchange rate pass-through. We then develop a structural econometric model with final assemblers and upstream parts suppliers to quantify how firms’ organization of their activities across national borders affects their pass-through behavior.
Schlagwörter: 
exchange rate pass-through, intrafirm trade, outsourcing, vertical contracts
JEL: 
F14
F3
F4
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
517.74 kB





Publikationen in EconStor sind urheberrechtlich geschützt.