MICROECONOMIC IMPLICATIONS OF EXCHANGE RATE VARIATIONS
以综述形式探讨汇率变动如何影响国内企业与外国供应商竞争的行业均衡，涵盖完全竞争、不完全竞争下的汇率传导以及固定成本和汇率不确定性下的企业进入退出与滞后效应。
This paper investigates the effect of exchange rate variations on the equilibrium of an industry in which domestic firms are competing with foreign suppliers. The paper is designed as an expository survey. It discusses the perfectly competitive industry; exchange rate pass through under imperfect competition; entry, exit and hysteresis with fixed costs and exchange rate uncertainty.