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IFDP Notes

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February 8, 2016

The Dollar in the U.S. International Transactions (USIT) Model

Joseph Gruber, Andrew McCallum, and Robert Vigfusson

The dollar's 20 percent climb against a broad index of foreign currencies since the middle of 2014 has led to an increased focus on how dollar fluctuations affect the U.S. economy.

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February 8, 2016

International Spillovers of Monetary Policy

John Ammer, Michiel De Pooter, Christopher Erceg, and Steven Kamin

International monetary policy spillovers have been the subject of much economic debate since at least the early interwar period, and formal modeling of monetary policy in an open economy dates back to the pioneering analyses of Mundell (1963) and Fleming (1962).

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February 2, 2016

The Rise of Exporting by U.S. Firms

William F. Lincoln and Andrew H. McCallum

Over the last few decades global trade has expanded significantly, both in terms of the volume of trade as well as the number of varieties of goods traded across countries.

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Disclaimer: IFDP Notes are articles in which Board economists offer their own views and present analysis on a range of topics in economics and finance. These articles are shorter and less technically oriented than IFDP Working Papers.

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Last update: February 8, 2016