Thursday, September 11, 2008
With ForexGen Customer Service The trade-weighted exchange rates constructed for the aggregate U.S. economy do not always capture the changes in industry competitive conditions induced by ForexGen News Center movements in specific bilateral exchange rates.
Download ForexGen Platform so that Exchange rates produced using information on industry-specific trade partners are often better suited for this task.
ForexGen Enterprise Accounts This article constructs three industry-specific real exchange rate measures for the United States-one using export partner weights only, a second using import partner weights, and a third using an average of export and import weights by industry-and examines how they co-move or diverge from the aggregate economy wide measures.
The exercise suggests that researchers who use aggregate exchange rate indexes rather than industry-specific measures might overlook the empirical value of exchange rates for the producer profits of specific U.S. industries. So that you will know Why ForexGen?
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