To what extent does productivity drive the dollar?

The continuing strength of the dollar has fueled interest in the relationship between productivity and exchange rates. An analysis of the link between the dollar's movements and productivity developments in the United States, Japan, and the euro area suggests that productivity can account for much of the change in the external value of the dollar over the past three decades.

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Year of publication:	2001
Authors:	Tille, Cedric ; Stoffels, Nicolas ; Gorbachev, Olga
Published in:	Current Issues in Economics and Finance. - Federal Reserve Bank of New York. - Vol. 7.2001, Aug, 8
Publisher:	Federal Reserve Bank of New York
Subject:	Foreign exchange rates \| Labor productivity \| Dollar \| American

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005717161