Journal Article
Assessing the exchange rate's impact on U.S. manufacturing profits
Abstract: Few studies have investigated how the large and persistent swings of the dollar over the past two decades have affected the profits of U.S. manufacturing firms. Using an econometric model of manufacturing profits, this article evaluates the overall impact of exchange rate changes on aggregate profits and the profits of exporting and import-competing firms.
Keywords: Foreign exchange rates; Manufactures;
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Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1992
Volume: 17
Issue: Win
Pages: 44-63