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Lunch Seminar: Omar Barbiero - Harvard University
Thursday 13 December 2018, 12:30pm - 01:30pm

The Valuation Effects of Trade

Abstract:

The international policy sphere is dominated by the notion that countries become competitive in trade markets by weakening the value of their currency. Yet very few studies contain micro-level information on the currencies used to specify prices in international contracts. I use French customs and balance sheet declarations to explore the real effects of different invoice currency choices made by firms.

   
   
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