Exchange rate pass-through in an unionized international oligopoly
This paper is concerned with the relationship between exchange rate movements and the behavior of import prices in an unionized oligopoly with international trade. Specifically, the paper highlights the effects of labor market organization - reflected by union power and union-firm bargaining structures both in the foreign and domestic markets - on the degree of exchange rate pass-through.
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|Date of creation:||01 Dec 1996|
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