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Camila Casas

Senior Economist, Western Hemisphere Department · International Monetary Fund

Senior economist in the IMF Western Hemisphere Department, with research interests in industrial organization, international economics and applied microeconomics. Co-author of the Dominant Currency Paradigm paper in the American Economic Review.

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Published Classic American Economic Review Published Mar 2020
Dominant Currency Paradigm

Gita Gopinath · Emine Boz · Camila Casas · Federico J. Díez · Pierre-Olivier Gourinchas · Mikkel Plagborg-Møller

Because most trade is invoiced in a few dominant currencies rather than in the producer's or the destination's currency, it is the dollar exchange rate and not the bilateral one that drives import …

Exchange Rates Trade International Finance Open Economy Macro Monetary Policy Transmission Free Read ↗