{"product_id":"exchange-rate-pass-through-under-firms-capacity-commitment-von-khin-m-nyunt","title":"EXCHANGE RATE PASS-THROUGH UNDER FIRMS' CAPACITY COMMITMENT","description":"\u003cp\u003eThis research develops an exchange rate pass- through model, that centers on the firms''commitment  in capacity to ¿price to market'' (PTM) and firms''  strategic moves in the form of a two-stage game. An  econometric evaluation of the exchange rate  pass-through model is also conducted to explain PTM  empirically by applying the factors outlined by our  model. The present research attempts the following:  (i) the development of a simple two-period model of  exchange rate pass-through under uncertainty in the  absence of firms'' capacity commitment, and (ii) the  development of a simple two-period model of  exchange rate pass-through under uncertainly in the  presence of firms'' capacity commitment on the basis  of recent developments in industrial organization  theory: Dixit (1980), Eaton and Ware (1987) and  Jean  Tirole (1991) and (iii) the formulation of the  error  correction models of the export prices of five  export industries in Malaysia. The related areas  include local-currency pring of exports, currency  donimatation of exports and exchange rate  pass-through.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838322735\"\u003e\u003ch3\u003eTHEORETICAL AND EMPIRICAL ANALYSES\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838322735","offer_id":39498932191325,"sku":"9783838322735","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/8fbb8470-ae88-4bda-ae39-2f20a4b6e882.jpg?v=1757741018","url":"https:\/\/shop.autorenwelt.de\/products\/exchange-rate-pass-through-under-firms-capacity-commitment-von-khin-m-nyunt","provider":"Autorenwelt Shop","version":"1.0","type":"link"}