How Long to Read Global Trade and the Dollar

How Long Does it Take to Read Global Trade and the Dollar?

It takes the average reader 1 hour and 7 minutes to read Global Trade and the Dollar by Ms.Emine Boz

Assuming a reading speed of 250 words per minute. Learn more

Description

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 exchange rate in price pass-through and trade elasticity regressions. U.S. monetary policy induced dollar fluctuations have high pass-through into bilateral import prices. 2) Bilateral non-commodities terms of trade are essentially uncorrelated with bilateral exchange rates. 3) The strength of the U.S. dollar is a key predictor of rest-of-world aggregate trade volume and consumer/producer price inflation. A 1 percent U.S. dollar appreciation against all other currencies in the world predicts a 0.6–0.8 percent decline within a year in the volume of total trade between countries in the rest of the world, controlling for the global business cycle. 4) Using a novel Bayesian semiparametric hierarchical panel data model, we estimate that the importing country’s share of imports invoiced in dollars explains 15 percent of the variance of dollar pass-through/elasticity across country pairs. Our findings strongly support the dominant currency paradigm as opposed to the traditional Mundell-Fleming pricing paradigms.

How long is Global Trade and the Dollar?

Global Trade and the Dollar by Ms.Emine Boz is 66 pages long, and a total of 16,896 words.

This makes it 22% the length of the average book. It also has 21% more words than the average book.

How Long Does it Take to Read Global Trade and the Dollar Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 32 minutes to read Global Trade and the Dollar aloud.

What Reading Level is Global Trade and the Dollar?

Global Trade and the Dollar is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Global Trade and the Dollar?

Global Trade and the Dollar by Ms.Emine Boz is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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