How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications This paper analyzes the reaction of exporters to exchange rate changes. We present a model where, in the presence of distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high productivity firms optimally raise their markup rathe...

In the past year there have been some sharp movements in exchange rates, involving substantial depreciation of a number of East␣ Asian currencies and an appreciation of the US dollar against other major currencies. The Australian dollar has declined against the US␣ dollar, but has appreciated substantially on average against the East Asian currencies. The economic turmoil in East Asia will affe...

This study analyzes the effect of Exchange Rate and Dow Jones Industrial Average on Jakarta Composite Index during a downtrend due to COVID-19 pandemic. The impulse response function was used analyze permanent effects an exogenous shock variable one them. results prove significant exchange rate Index. same result showed that most weakening Rupiah, tends fall. Besides, harms In long run, given b...

One important issue of exchange rate pass-through is the extent to which exchange rate changes affect the prices. This paper studied the pass-through effect of movements in the RMB nominal exchange rate on consumer prices. In particular, we examined whether the exchange rate pass-through to consumer prices was complete or not, and the impact of exchange rate system reform had on the pass-throug...

Abstract The study’s primary objective is to unravel the nexus between COVID-19 crisis and exchange rate movements in six major hot spots—Brazil, China, India, Italy, Turkey, United Kingdom. impact of deaths on Rupee/USD, Pound/USD, Yuan/USD, Real/USD, Lira/USD, Euro/USD rates analyzed by using panel ARDL model. are used as a proxy for market expectations. model showed unidirectional long-run c...

This paper investigates the relationship between exchange rate uncertainty and the location of US foreign direct investment in Europe. We adopt a mean-variance approach to the standard q theory of investment in order to highlight the impact of exchange rate volatility and exchange rate correlation on investment. A firm concerned with both maximizing profits and minimizing risk would exploit any...

This study aims to determine the effect of Earning Per Share (EPS), Current Ratio (CR), Exchange Rate and Interest Risk on stock price movements with Return On Assets (EPS) as an intervening variable property stocks listed Indonesia Stock 2017 -2021. The sample in this was taken by purposive sampling method 2017-2021. number samples used many 158 companies. analytical research is using multiple...