Construct · 1 fields · 1 citations

local currency pricing: a standalone construct

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International macroeconomics

the practice of setting export prices in the buyer's currency, which mutes expenditure switching and changes the case for flexible exchange rates.

In international macroeconomics, local currency pricing refers to the practice of setting export prices in the buyer's currency, which mutes expenditure switching and changes the case for flexible exchange rates. This meaning comes from Devereux (2003) in Review of Economic Studies.[1]

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Nearby constructs

case2 fields · 3 citationsjingle · one word, two constructs exchange4 fields · 7 citationsjingle · one word, four constructs practice3 fields · 4 citationsjingle · one word, three constructs

References

Devereux, M. B., & Engel, C. (2003). Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility. Review of Economic Studies, 70(4), 765-783. https://doi.org/10.1111/1467-937x.00266

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