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Contractual Price Rigidities and Exchange Rate Adjustment

På svenska

Author

  • Lars Oxelheim
  • Clas Wihlborg

Summary, in English

Recent years have provided overwhelming evidence for substantial deviations from purchasing power parity as calculated from price indices for internationally traded goods and services. These deviations have significant implications for pricing policies of multinational firms. This article reports the findings of a comparative study of Swedish and Singaporean firms. It is aimed at assessing the importance of different kinds of contracts in corporate pricing strategies and in the macroadjustment process. Specifically, the purpose of the study is to investigate the importance of different implicit and explicit corporate strategies related to this issue.

Publishing year

1990

Language

English

Pages

53-76

Publication/Series

International Trade Journal

Volume

5

Issue

1

Document type

Journal article

Publisher

Taylor & Francis

Topic

  • Business Administration
  • Economics and Business

Keywords

  • Business & Management
  • Development Economics
  • Globalisation
  • International Business
  • International Economics
  • International Political Economy
  • International Trade (incl. trade agreements & tariffs)
  • Management & Management Techniques
  • Politics of International Trade

Status

Published

ISBN/ISSN/Other

  • ISSN: 1521-0545