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growths on average relative to the rest of the world (ROW). This is earned even though the US is relatively insulated against …
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US dollar index is the world's two leadership dispute that the root cause lies behind the global macro-cycle switch …
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Since end-March, 10y US yields have increased 76bp, more than in other G7 markets (Figure 1), and a dollar index relative to major currencies indeed weakened 7.5%, (13.8% relative to developing countries, Figure 2). In this note, we argue that the narrowing of the US current account (CA) deficit...
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.S. dollar is a key predictor of rest-of-world aggregate trade volume and consumer/producer price inflation. A 1 percent U ….S. dollar appreciation against all other currencies in the world predicts a 0.6-0.8 percent decline within a year in the volume … of total trade between countries in the rest of the world, controlling for the global business cycle. 4) Using a novel …
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.S. dollar is a key predictor of rest-of-world aggregate trade volume and consumer/producer price inflation. A 1% U.S. dollar … appreciation against all other currencies in the world predicts a 0.6--0.8% decline within a year in the volume of total trade … between countries in the rest of the world, controlling for the global business cycle. 4) Using a novel Bayesian …
Persistent link: https://www.econbiz.de/10012453725
Different export-pricing currency paradigms have different implications for a host of issues that are critical for policymakers such as business cycle co-movement, optimal monetary policy, optimum currency areas and international monetary policy co-ordination. Unfortunately, the literature has...
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