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Exchange rates and U.S. prices

Author

Listed:
  • Gerald H. Anderson
  • Owen F. Humpage

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.

Suggested Citation

  • Gerald H. Anderson & Owen F. Humpage, 1983. "Exchange rates and U.S. prices," Economic Commentary, Federal Reserve Bank of Cleveland, issue Apr.
    • Handle: RePEc:fip:fedcec:y:1983:i:apr18
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