Virtual Borders: Online Nominal Rigidities and International Market Segmentation
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We would like to thank seminar participants at Duke University, the Federal Reserve Board of Governors and the CIRPÉE Annual Meeting for their insightful comments. We are grateful to Pierre-Olivier Lachance for excellent research assistance, as well as Tim Prendergast for data collection. Boivin acknowledges support from the National Science Foundation (SES-0518770) and the Social Sciences and Humanities Research Council of Canada, and Vincent from a HEC Montréal research start-up grant. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.