Comments on "The effect of a common currency on the volatility of the extensive margin of trade
Aurélien Eyquem
- Fonction : Auteur
- PersonId : 1092663
Jean–christophe Poutineau
- Fonction : Auteur
- PersonId : 173590
- IdHAL : jean-christophe-poutineau
- ORCID : 0000-0002-0189-4195
- IdRef : 080208681
Résumé
In this note, we correct two typos contained in the published version of Auray et al. (2012), which affect the quantitative results, without modifying the qualitative results and then the message of the paper. In addition, we present a modified pricing rule for exported goods, and allow export prices to be sticky as well. This extension slightly improves the quantitative predictions of the model. Finally, predictions are made closer to the data when considering an alternative inflation target.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Comments on "The effect of a common currency on the volatility of the extensive margin of trade
|
Résumé |
en
In this note, we correct two typos contained in the published version of Auray et al. (2012), which affect the quantitative results, without modifying the qualitative results and then the message of the paper. In addition, we present a modified pricing rule for exported goods, and allow export prices to be sticky as well. This extension slightly improves the quantitative predictions of the model. Finally, predictions are made closer to the data when considering an alternative inflation target.
|
Auteur(s) |
Stéphane Auray
1
, Aurélien Eyquem
2
, Luís Guimarães
3
, Jean–christophe Poutineau
4
1
CREST -
Centre de Recherche en Économie et Statistique
( 2579 )
- 5, Avenue Henry Le Chatelier, 91120 Palaiseau
- France
2
GATE Lyon Saint-Étienne -
Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne
( 102550 )
- 93, chemin des Mouilles 69130 Écully
6, rue Basse des Rives 42023 Saint-Étienne cedex 02
- France
3
LIACC -
Faculdade de Economia
( 55441 )
- Rua Dr. Roberto Frias 4200-464 Porto
- Portugal
4
CREM -
Centre de recherche en économie et management
( 894 )
- 7 place Hoche, BP 86514
35065 RENNES CEDEX
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2013-03
|
Volume |
33
|
Page/Identifiant |
426-431
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Mots-clés |
en
Extensive margin, variety effect, monetary union, monetary policy
|
DOI | 10.1016/j.jimonfin.2012.10.001 |
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