Natural Hedging of Exchange Rate Risk: The Role of Imported Input Prices

In this paper, we estimate ERPT into imported input prices and export prices using disaggregated quarterly trade data for Switzerland over 2004–2011. We find evidence for high pass-through rates into imported input prices. This demonstrates the effectiveness of natural hedging. On the export side, ERPT exhibits substantial sectoral heterogeneity and changes in imported input costs are not transmitted to foreign consumers in most cases. This suggests the use of cheaper imported inputs to offset adverse effects of currency appreciation on export profit margins.

Abundance and opal input of radiolarian species of two sediment cores from the Atlantic sector of the Southern Ocean

Radiolarian-based paleoceanographic reconstructions generally use the abundance of selected radiolarian species. However, the recent focus on the opal flux and the development of isotope measurements in biogenic opal and the organic matter embedded in it demands a better knowledge of the origin of the opal. We present here an estimation of the opal content of the skeleton of 63 radiolarian species from two sites in the Southern Ocean. The skeletons are modelled as associations of simple geometrical shapes, and the volume thus obtained is combined with opal density to obtain the amount of opal. These data are, thus, used to determine the most important opal carriers in the radiolarian assemblage in both cores.

Insumo producto; Input output.

Mode of access: Internet.

Research input for computer simulation of automobile collisions. Volume IV: staged collision reconstructions. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Research input for computer simulation of automobile collisions. Volume III: staged collisions. Tests no. 6 through no. 12. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Research input for computer simulation of automobile collisions. Interim report.

National Highway Traffic Safety Administration, Washington, D.C.

Research input for computer simulation of automobile collisions. Volume II: staged collisions. Tests no. 1 through no. 5. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Research input for computer simulation of automobile collisions. Volume I: development of data bank. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

On the development of a theory of traveler attitude-behavior interrelationships: volume I - input to theory development. Final report.

Transportation Systems Center, Cambridge, Mass.