Markets with asymmetric information about product quality

The purpose of this paper is to show that the existence of asymmetric information regarding the quality of Foreign goods can also generate hysteresis in the behavior of imports. The basic idea is that a temporary appreciation can generate 2 significant modification in the set of information that con...

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Autor principal: Bitrán, Eduardo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 1988
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Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/169815
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spelling I19-R120-10915-1698152024-09-06T20:01:54Z http://sedici.unlp.edu.ar/handle/10915/169815 Markets with asymmetric information about product quality Bitrán, Eduardo 1988 1988 2024-09-06T18:22:11Z en Ciencias Económicas asymmetric information quality foreign goods imports The purpose of this paper is to show that the existence of asymmetric information regarding the quality of Foreign goods can also generate hysteresis in the behavior of imports. The basic idea is that a temporary appreciation can generate 2 significant modification in the set of information that consumers have regarding the quality of fore goods. This structural change could induce a dynamic change in port demands that cannot be reversed when the exchange rate goes back to its original level. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
asymmetric information
quality
foreign goods
imports
spellingShingle Ciencias Económicas
asymmetric information
quality
foreign goods
imports
Bitrán, Eduardo
Markets with asymmetric information about product quality
topic_facet Ciencias Económicas
asymmetric information
quality
foreign goods
imports
description The purpose of this paper is to show that the existence of asymmetric information regarding the quality of Foreign goods can also generate hysteresis in the behavior of imports. The basic idea is that a temporary appreciation can generate 2 significant modification in the set of information that consumers have regarding the quality of fore goods. This structural change could induce a dynamic change in port demands that cannot be reversed when the exchange rate goes back to its original level.
format Objeto de conferencia
Objeto de conferencia
author Bitrán, Eduardo
author_facet Bitrán, Eduardo
author_sort Bitrán, Eduardo
title Markets with asymmetric information about product quality
title_short Markets with asymmetric information about product quality
title_full Markets with asymmetric information about product quality
title_fullStr Markets with asymmetric information about product quality
title_full_unstemmed Markets with asymmetric information about product quality
title_sort markets with asymmetric information about product quality
publishDate 1988
url http://sedici.unlp.edu.ar/handle/10915/169815
work_keys_str_mv AT bitraneduardo marketswithasymmetricinformationaboutproductquality
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