Globalization and Monetary Policy Institute
2010 Annual Report
Conference on Microeconomic Sources of Real Exchange Rate Behavior
The Federal Reserve Bank of Dallas and Vanderbilt University's Center for International Price Research cosponsored a conference titled "Microeconomic Sources of Real Exchange Rate Behavior," held at Vanderbilt University in Nashville, Tenn., on Sept. 23–25, 2010.
The following papers are available on the Dallas Fed website at www.dallasfed.org/institute/events/2010/10micro.cfm. Names with an asterisk (*) are those of coauthors who presented at the conference.
IKEA: Product, Pricing, and Pass-Through
Marianne Baxter and Anthony Landry*
Pricing-to-Market: Evidence From Plant-Level Prices
Doireann Fitzgerald* and Stefanie Haller
How Wide Was the Ocean? U.S. and Swedish Commodity Price Dispersion from 1732 to 1860
Mario J. Crucini and Gregor W. Smith*
The Micro-Macro Disconnect of Purchasing Power Parity
Paul R. Bergin*, Reuven Glick and Jyh-Lin Wu
All Together Now: Do International Factors Explain Relative Price Comovements?
Özer Karagedikli*, Haroon Mumtaz and Misa Tanaka
Aggregate Real Exchange Rate Persistence Through the Lens of Sectoral Data
Maria Delores Gadea and Laura Mayoral*
International Menu Costs and Price Dynamics
The Elasticity of Trade: Estimates and Evidence
Ina Simonovska* and Michael E. Waugh
Policy-Relevant Exchange Rate Pass-Through to U.S. Import Prices
Etienne Gagnon*, Benjamin R. Mandel and Robert J. Vigfusson
Consumption Risk Sharing, the Real Exchange Rate, and Borders: Why Does the Exchange Rate Make Such a Difference?
Michael B. Devereux and Viktoria Hnatkovska*
Financial Choice in a Non-Ricardian Model of Trade
Katheryn N. Russ* and Diego Valderrama