F4 - Macroeconomic Aspects of International Trade and Finance

• Decomposing Movements in U.S. Non-Energy Import Market Shares

  Staff Discussion Paper 2015-5 Russell Barnett, Karyne B. Charbonneau

  Country market shares of U.S. non-energy imports have changed considerably since 2002, with varying volatility across three subperiods: pre-crisis (2002–07), crisis (2007–09) and post-crisis (2009–14). In this paper, we analyze market shares for four main trading partners of the United States (Canada, Mexico, China and Japan).

  Content Type(s): Staff research, Staff discussion papers Topic(s): International topics JEL Code(s): F, F1, F10, F14, F4

• Exchange Rate Pass-Through, Currency of Invoicing and Market Share

  Staff Working Paper 2015-31 Michael Devereux, Wei Dong, Ben Tomlin

  This paper investigates the impact of market structure on the joint determination of exchange rate pass-through and currency of invoicing in international trade. A novel feature of the study is the focus on market share of firms on both sides of the market—that is, exporting firms and importing firms.

  Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates, Inflation and prices, Market structure and pricing JEL Code(s): F, F3, F4