TY  - JOUR
AU  - Knetter,Michael M.
TI  - Exchange Rates and Corporate Pricing Strategies
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4151
PY  - 1992
Y2  - August 1992
UR  - http://www.nber.org/papers/w4151
L1  - http://www.nber.org/papers/w4151.pdf
N1  - Author contact info:
Michael M. Knetter
School of Business
University of Wisconsin, Madison
5110 Grainger Hall
975 University Avenue
Madison, WI  53706-1323
Tel: 608/262-1758
Fax: NA
E-Mail: mike.knetter@supportuw.org
AB  - This paper reviews the recent literature on pass-through and pricing-to-market. Pricing-to market behavior is estimated for a new, larger data set with 60 German and 20 U.S. 7-digit industries. The results conform closely to what has been found elsewhere in smaller detailed data sets and at higher levels of aggregation. German exporters show more tendency to price-to-market than U.S. exporters for the sample of industries studied, but there is much variation across the industries. Surprisingly, pricing-to-market is more pronounced in German exports of steel and chemicals than in consumer goods.
ER  -