Author: Eckart JägerPublisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
Exchange Rates and Bertrand Oligopoly
Author: Eckart JägerExchange Rate Pass-Through and Dynamic Oligopoly
Author: Dominique M. GrossPublisher: International Monetary Fund
ISBN: 1451846622
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper explicitly takes into account the dynamic oligopolistic rivalry among source producers to evaluate the degree of exchange rate pass-through. Using recent time-series techniques for the case of imported automobiles in Switzerland, the results show that prices are strategic complements and that the degree of pass-through is lower in the long run than in the short run. We attribute this to the fact that, although some rivals match long-term price changes, others do not, inducing the producer who faces a change in exchange rate to absorb a greater proportion of the variation.
On the Efficiency of Bertrand and Cournot Competition with Incomplete Information
Author: Andrea LofaroPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 44
Book Description
Strategic Industrial Policy for Cournot and Bertrand Oligopoly
Author: Kwok Chiu FungPublisher:
ISBN:
Category : Industrial organization (Economic theory)
Languages : en
Pages : 84
Book Description
Prices, Profits and Exchange Rate Uncertainty
Author: Richard FribergOn the Exchange of Cost Information in a Bertrand-type Duopoly Model
Author: Yasuhiro SakaiEncyclopaedic Dictionary of Economics
Author: N. B. GhodkePublisher: Mittal Publications
ISBN:
Category :
Languages : en
Pages : 820
Book Description
The Economic and Business Consequences of the EMU
Author: Hubert OoghePublisher: Springer Science & Business Media
ISBN: 1461513839
Category : Business & Economics
Languages : en
Pages : 441
Book Description
The Economic and Business Consequences of the EMU A Challenge for Governments, Financial Institutions and Firms Hubert Ooghe Conference Chairman, Vlerick Leuven Gent Management School alld Ghent University EMU finally got under way on 1 st January 1999. Since then 11 European countries share a common currency, the Euro, and pursue a common monetary policy managed by the European Central Bank (ECB). After forty years of economic integration, Euroland has the wherewithal with which to enter the 21 st century. However monetary union has implications for nearly all areas of economic activity and decision-making. Throughout the academic world researchers are fully occupied with the theoretical analysis of the impact of the Euro and the effects of incorporating the new operational framework into their economic models. Businesses and government departments are concerned primarily with the practical implementation of the single currency. For all those who playa part in the economy, it is a question of making the most of the macro and micro economic opportunities offered by the Euro and minimising any threats. On 17th and 18th March 2000, after the EMU and Euro were in operation for one year, an international conference was held in Ghent (Belgium) on the economic consequences of the introduction of the EMU and the Euro for governments, financial institutions and firms.
Introduction to Industrial Organization, second edition
Author: Luis M. B. CabralPublisher: MIT Press
ISBN: 0262035944
Category : Business & Economics
Languages : en
Pages : 441
Book Description
An issue-driven introduction to industrial organization, thoroughly updated and revised. The study of industrial organization (IO)—the analysis of the way firms compete with one another—has become a key component of economics and of such related disciplines as finance, strategy, and marketing. This book provides an issue-driven introduction to industrial organization. Although formal in its approach, it is written in a way that requires only basic mathematical training. It includes a vast array of examples, from both within and outside the United States. This second edition has been thoroughly updated and revised. In addition to updated examples, this edition presents a more systematic treatment of public policy implications. It features added advanced sections, with analytical treatment of ideas previously presented verbally; and exercises, which allow for a deeper and more formal understanding of each topic. The new edition also includes an introduction to such empirical methods as demand estimation and equilibrium identification. Supplemental material is available online.
Exchange Rates and Prices
Author: William R. SmithPublisher: Routledge
ISBN: 135175131X
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Originally published in 1996. This study looks at the impact of exchange rate fluctuation on the pricing practices of foreign industries that import into the United States market. It presents several studies of the pass-through behaviour of over 100 disaggregated commodity groups with bi-lateral exchange rates. The book presents analysis of specific competitors and their individual pricing responses to exchange rate changes, adding significantly to pricing theory as well as being useful for marketers in predicting business responses.