Exchange rate movements,firm-level exports and heterogeneity

Published: Jan 1, 2018
Abstract
This paper provides an estimation of the reaction of the firm-level exports consecutive to real exchange rate movements – the exchange rate elasticity of exports. Following recent theoretical works emphasizing the role played by firm heterogeneity, we test in particular how the exchange rate elasticity may be affected by firm-level productivity, and how the heterogeneous reaction of different firms may contribute to shape the aggregate reaction...
Paper Details
Title
Exchange rate movements,firm-level exports and heterogeneity
Published Date
Jan 1, 2018
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