dc.description.abstract | The extent of the dollar's decline relative to its peak in
2002 depends upon the composition of the basket of currencies
used in calculating the dollars value. Further, the appropriate
index depends upon the question being
asked, with the type of price deflators used if any
dependent upon the question at hand. Various measures of the
dollars value are discussed, and compared, including
alternative weights based on liabilities and assets, instead of
the standard trade flow weights. | en_US |