Journal Article

A new effective exchange rate index for the dollar and its implications for U.S. merchandise trade


Abstract: An introduction to a new exchange-rate index to measure the foreign-exchange value of the dollar. The authors develop a model of U.S. merchandise trade, featuring the new index.

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1987

Issue: Q II

Pages: 2-23