Journal Article

Exchange rates and U.S. prices

Abstract: An examination of causality between dollar exchange-rate movements and U.S. price levels as described by the relative purchasing power parity theory, with a discussion of channels of price pressure and of the Hooper-Lowrey method of estimating future trends of the dollar.

Keywords: Prices; Foreign exchange; Dollar, American;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1983

Issue: Apr

Order Number: 1