一、主题：Exchange Rate, Product Quality and Export Price

二、主讲人：王雅琪，必赢565net官网讲师。2015年获得北京大学国家发展研究院经济学博士学位，本科毕业于武汉大学，获得经济学与应用数学双学位。主要研究领域包括：汇率、产品定价以及企业异质性。其研究成果在《世界经济》、《金融研究》等国内重要学术期刊发表，并多次参与国际学术会议。

三、时间：2015年9月24日（周四），14:00-15:30

四、地点：中央财经大学主楼913会议室

五、主持人：苟琴，必赢565net官网讲师

论文摘要：We analyze the response of export prices to exchange rate changes using highly disaggregated firm-product level trade data from China during 2000-2006. We find on average a low response of export prices to exchange rates changes. However, the response is larger for exports to high-income countries. We rationale these findings with the heterogeneous response of export prices to exchange rates for varieties with different quality. An increase of quality by one standard deviation increases the elasticity of export price to exchange rates by 5.85 percentage points. This conclusion is robust to different measures of quality, samples and specifications. Compared with other dimensions such as productivity and import intensity, product quality explains a larger proportion of the total variations of export price responses to exchange rates.