1985Unpublished venueRequires access

Causes of appreciation and volatility of the dollar

William H. Branson

Open publisher page 30 citations

Abstract

Introduction and summary In 1981 real interest rates in the United States increased spectacularly, and the dollar appreciated in real terms by about 20 percent. Since the end of 1981, long-term real interest rates have remained in the range of five to ten percent, with nominal long rates above short rates. This suggests that the

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Introduction and summary In 1981 real interest rates in the United States increased spectacularly, and the dollar appreciated in real terms by about 20 percent. Since the end of 1981, long-term real interest rates have remained in the range of five to ten percent, with nominal long rates above short rates. This suggests that the

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Available abstract

Introduction and summary In 1981 real interest rates in the United States increased spectacularly, and the dollar appreciated in real terms by about 20 percent. Since the end of 1981, long-term real interest rates have remained in the range of five to ten percent, with nominal long rates above short rates. This suggests that the

Key concepts: Volatility (finance), Liberian dollar, Economics, Monetary economics, Financial economics, Econometrics, Finance

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