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dc.contributor.authorANSON, José
dc.contributor.authorBOFFA, Mauro
dc.contributor.authorHELBLE, Matthias
dc.date.accessioned2018-03-27T12:33:31Z
dc.date.available2018-03-27T12:33:31Z
dc.date.issued2018
dc.identifier.issn1028-3625
dc.identifier.urihttps://hdl.handle.net/1814/53065
dc.description.abstractIn today's internet markets consumers can search for, find and compare prices worldwide. Online, information circulates faster than offline and arbitrage opportunities such as the ones arising from currency shocks are easily unveiled. In this paper, we estimate for the first time exchange rate elasticities for cross-border e-commerce transactions. Exploiting a new high-frequency database on international transactions of parcels, we find that a 1 % appreciation of the domestic currency increases e-commerce imports by 0.7 %. Comparing the result with traditional estimates in offline markets, this implies a 50 % exchange rate pass-through online.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.relation.ispartofseriesEUI RSCASen
dc.relation.ispartofseries2018/17en
dc.relation.ispartofseriesGlobal Governance Programme-298en
dc.relation.ispartofseries[Global Economics]en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectOnline tradeen
dc.subjectArbitrageen
dc.subjectExchange rate pass-throughen
dc.subjectF14en
dc.subjectF31en
dc.subject.otherEconomic development
dc.subject.otherRegulation and economic policy
dc.titleConsumer arbitrage in cross-border e-commerceen
dc.typeWorking Paperen


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