{"id":"https://openalex.org/W3124619547","doi":"https://doi.org/10.24149/gwp144","title":"A Bargaining Theory of Trade Invoicing and Pricing","display_name":"A Bargaining Theory of Trade Invoicing and Pricing","publication_year":2013,"publication_date":"2013-01-01","ids":{"openalex":"https://openalex.org/W3124619547","doi":"https://doi.org/10.24149/gwp144","mag":"3124619547"},"language":"en","primary_location":{"id":"doi:10.24149/gwp144","doi":"https://doi.org/10.24149/gwp144","is_oa":true,"landing_page_url":"https://doi.org/10.24149/gwp144","pdf_url":"https://doi.org/10.24149/gwp144","source":{"id":"https://openalex.org/S4306510380","display_name":"Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://doi.org/10.24149/gwp144","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Federal Reserve Bank of New York","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I103737770","display_name":"Bank of Italy","ror":"https://ror.org/03v2nbx43","country_code":"IT","type":"funder","lineage":["https://openalex.org/I103737770"]},{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I43638361","display_name":"Federal Reserve Bank of New York","ror":"https://ror.org/05hwvzg47","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I43638361"]},{"id":"https://openalex.org/I5124864","display_name":"\u00c9cole Polytechnique F\u00e9d\u00e9rale de Lausanne","ror":"https://ror.org/02s376052","country_code":"CH","type":"education","lineage":["https://openalex.org/I2799323385","https://openalex.org/I5124864"]},{"id":"https://openalex.org/I71052956","display_name":"University of Reading","ror":"https://ror.org/05v62cm79","country_code":"GB","type":"education","lineage":["https://openalex.org/I71052956"]},{"id":"https://openalex.org/I88155538","display_name":"Universidad de Navarra","ror":"https://ror.org/02rxc7m23","country_code":"ES","type":"education","lineage":["https://openalex.org/I88155538"]},{"id":"https://openalex.org/I951315","display_name":"Graduate Institute of International and Development Studies","ror":"https://ror.org/007ygn379","country_code":"CH","type":"education","lineage":["https://openalex.org/I951315"]}],"countries":["CH","ES","GB","IT","US"],"is_corresponding":true,"raw_author_name":"Federal Reserve Bank of New York","raw_affiliation_strings":["Department of Economics, Graduate Institute for International and Development Studies, Pavillon Rigot, Avenue de la Paix 11A, 1202 Gen\u00e8ve, Switzerland","Federal Reserve Bank of New York NBER","Federal Reserve Bank of New York, 33 Liberty Street, New York, NY 10045. 212-720-2836","Federal Reserve Bank of New York, the HEID-EPFL-UNIL Sinergia workshop, the Bank of Italy, the","Geneva GIIDS CEPR","National Bank of Serbia, the University of Reading, the University of Navarra,"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Graduate Institute for International and Development Studies, Pavillon Rigot, Avenue de la Paix 11A, 1202 Gen\u00e8ve, Switzerland","institution_ids":["https://openalex.org/I951315"]},{"raw_affiliation_string":"Federal Reserve Bank of New York NBER","institution_ids":["https://openalex.org/I1321305853","https://openalex.org/I43638361"]},{"raw_affiliation_string":"Federal Reserve Bank of New York, 33 Liberty Street, New York, NY 10045. 212-720-2836","institution_ids":["https://openalex.org/I43638361"]},{"raw_affiliation_string":"Federal Reserve Bank of New York, the HEID-EPFL-UNIL Sinergia workshop, the Bank of Italy, the","institution_ids":["https://openalex.org/I103737770","https://openalex.org/I43638361","https://openalex.org/I5124864"]},{"raw_affiliation_string":"Geneva GIIDS CEPR","institution_ids":[]},{"raw_affiliation_string":"National Bank of Serbia, the University of Reading, the University of Navarra,","institution_ids":["https://openalex.org/I71052956","https://openalex.org/I88155538"]}]},{"author_position":"last","author":{"id":null,"display_name":"Linda Goldberg","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1317239608","display_name":"Federal Reserve","ror":"https://ror.org/05fk5tr28","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Linda Goldberg","raw_affiliation_strings":["Federal Reserve"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Federal Reserve","institution_ids":["https://openalex.org/I1317239608"]}]}],"institutions":[],"countries_distinct_count":5,"institutions_distinct_count":8,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I103737770","https://openalex.org/I1321305853","https://openalex.org/I43638361","https://openalex.org/I5124864","https://openalex.org/I71052956","https://openalex.org/I88155538","https://openalex.org/I951315"],"apc_list":null,"apc_paid":null,"fwci":2.7527,"has_fulltext":true,"cited_by_count":10,"citation_normalized_percentile":{"value":0.93381917,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"2013","issue":"144","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.9800000190734863,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.9800000190734863,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.009800000116229057,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.004699999932199717,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/trade-invoicing","display_name":"trade invoicing","score":0.878000020980835},{"id":"https://openalex.org/keywords/pricing","display_name":"pricing","score":0.33899998664855957},{"id":"https://openalex.org/keywords/bargaining-power","display_name":"bargaining power","score":0.7049999833106995},{"id":"https://openalex.org/keywords/exchange-rate-pass-through","display_name":"exchange rate pass-through","score":0.9300000071525574},{"id":"https://openalex.org/keywords/foreign-exchange-risk","display_name":"exchange rate risk","score":0.628000020980835},{"id":"https://openalex.org/keywords/market-structure","display_name":"market structure","score":0.48500001430511475},{"id":"https://openalex.org/keywords/trade-fragmentation","display_name":"trade fragmentation","score":0.5580000281333923},{"id":"https://openalex.org/keywords/risk-tolerance","display_name":"risk tolerance","score":0.4819999933242798}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5764523148536682},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.4411286413669586},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3546159565448761},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.35270369052886963}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.24149/gwp144","doi":"https://doi.org/10.24149/gwp144","is_oa":true,"landing_page_url":"https://doi.org/10.24149/gwp144","pdf_url":"https://doi.org/10.24149/gwp144","source":{"id":"https://openalex.org/S4306510380","display_name":"Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.24149/gwp144","doi":"https://doi.org/10.24149/gwp144","is_oa":true,"landing_page_url":"https://doi.org/10.24149/gwp144","pdf_url":"https://doi.org/10.24149/gwp144","source":{"id":"https://openalex.org/S4306510380","display_name":"Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Papers","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"},{"id":"https://openalex.org/F4320310466","display_name":"Universit\u00e4t Basel","ror":"https://ror.org/02s6k3f65"},{"id":"https://openalex.org/F4320316296","display_name":"Swiss Finance Institute","ror":"https://ror.org/02cgn2a44"},{"id":"https://openalex.org/F4320320924","display_name":"Schweizerischer Nationalfonds zur F\u00f6rderung der Wissenschaftlichen Forschung","ror":"https://ror.org/00yjd3n13"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3124619547.pdf","grobid_xml":"https://content.openalex.org/works/W3124619547.grobid-xml"},"referenced_works_count":27,"referenced_works":["https://openalex.org/W1544535908","https://openalex.org/W1599885335","https://openalex.org/W1973423221","https://openalex.org/W2000795411","https://openalex.org/W2036557636","https://openalex.org/W2080236563","https://openalex.org/W2091258631","https://openalex.org/W2101520586","https://openalex.org/W2117947763","https://openalex.org/W2126640876","https://openalex.org/W2136844310","https://openalex.org/W2144074518","https://openalex.org/W2148381703","https://openalex.org/W2155644235","https://openalex.org/W2158044727","https://openalex.org/W2163082096","https://openalex.org/W2266132005","https://openalex.org/W2320558911","https://openalex.org/W3121278821","https://openalex.org/W3121986737","https://openalex.org/W3123179920","https://openalex.org/W3124319856","https://openalex.org/W4214822308","https://openalex.org/W4243959112","https://openalex.org/W4300531214","https://openalex.org/W6676049629","https://openalex.org/W6679482022"],"related_works":["https://openalex.org/W7096881668","https://openalex.org/W2144252641","https://openalex.org/W2158044727","https://openalex.org/W2570674105","https://openalex.org/W2481118225","https://openalex.org/W1890825591","https://openalex.org/W2130135899","https://openalex.org/W632871233","https://openalex.org/W2031123883","https://openalex.org/W2161047042"],"abstract_inverted_index":{"We":[0],"develop":[1],"a":[2,58,61],"theoretical":[3],"model":[4],"of":[5,30,43,48,78,101,119,136,148],"international":[6],"trade":[7,149],"pricing":[8],"in":[9,83],"which":[10],"individual":[11],"exporters":[12,82],"and":[13,20,32,45,52,90,103,139,145],"importers":[14,51,79],"bargain":[15],"over":[16],"the":[17,28,36,41,46,99,117,130,133,140,146],"transaction":[18],"price":[19,31,102],"exposure":[21],"to":[22,81],"exchange":[23,92],"rate":[24,93],"fluctuations.We":[25],"find":[26],"that":[27,57,106],"choice":[29,135],"invoicing":[33,104,137,143],"currency":[34,144],"reflects":[35],"full":[37],"market":[38,110],"structure,":[39],"including":[40],"extent":[42],"fragmentation":[44],"degree":[47],"heterogeneity":[49],"across":[50,53],"exporters.Our":[54],"study":[55],"shows":[56],"party":[59],"has":[60],"higher":[62,74],"effective":[63,75],"bargaining":[64,76],"weight":[65,77],"when":[66],"it":[67],"is":[68],"large":[69],"or":[70],"more":[71],"risk":[72],"tolerant.A":[73],"relative":[80],"turn":[84],"translates":[85],"into":[86,95],"lower":[87],"import":[88,96],"prices":[89],"greater":[91],"pass-through":[94],"prices.We":[97],"show":[98],"range":[100],"outcomes":[105],"arise":[107],"under":[108],"alternative":[109],"structures.Such":[111],"structures":[112],"matter":[113],"not":[114],"only":[115],"for":[116,125],"outcome":[118],"specific":[120],"exporter-importer":[121],"transactions,":[122],"but":[123],"also":[124],"aggregate":[126],"variables":[127],"such":[128],"as":[129],"average":[131,134],"price,":[132],"currency,":[138],"correlation":[141],"between":[142],"size":[147],"transactions.":[150]},"counts_by_year":[{"year":2024,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2021-02-01T00:00:00"}
