Imported inputs and invoicing currency choice: Theory and evidence from UK transaction data
نویسندگان
چکیده
منابع مشابه
Currency invoicing and state-dependent pricing
While invoicing currency has been extensively studied in open-economy macroeconomics, Dotsey and Duarte (2011) suggest that the currency denomination of exports does not matter because standard invoicing currency regimes such as producer currency pricing (PCP) and local currency pricing (LCP) generate similar aggregate responses. However, this paper demonstrates the importance of invoicing curr...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2016
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2015.11.003