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The dynamics of international trade invoicing

Author

Listed:
  • Ceric Tille

    (Graduate Institute for International and Development Studies, Geneva, and CEPR)

  • Linda Goldberg

    (Federal Reserve Bank of New York and NBER)

Abstract

In this paper we review the issue from both a theoretical and empirical perpective. We use a simple theoretical model to gauge the relevance of the non-linearities described above. Our empirical analysis relies on novel time series data on invoicing across several countries. We examine the extent to which invoicing choices are stable, and assess the likely reasons behind changes in the role of various currencies.

Suggested Citation

  • Ceric Tille & Linda Goldberg, 2009. "The dynamics of international trade invoicing," 2009 Meeting Papers 890, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:890
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    Cited by:

    1. El-Shagi, Makram & Zhang, Lin, 2016. "Macroeconomic trade effects of vehicle currencies: Evidence from 19th century China," IWH Discussion Papers 23/2016, Halle Institute for Economic Research (IWH).
    2. Wang, Xiangning & Zhao, Xing, 2014. "The invoicing currency choice model of export enterprises assuming joint utility maximization and analysis of the factors influencing selection," Economic Modelling, Elsevier, vol. 42(C), pages 38-42.

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