Global Trade and the Dollar /

We document that the U.S. dollar exchange rate drives global trade prices and volumes. Using a newly constructed data set of bilateral price and volume indices for more than 2,500 country pairs, we establish the following facts: 1) The dollar exchange rate quantitatively dominates the bilateral exch...

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Hlavní autor: Boz, Emine
Další autoři: Gopinath, Gita, Plagborg-Moller, Mikkel
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2017.
Edice:IMF Working Papers; Working Paper ; No. 2017/239
On-line přístup:Full text available on IMF