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  • July 1991
  • Case
  • HBS Case Collection

Managing the U.S. Dollar in the 1980s

By: W. Carl Kester and Richard P. Melnick
  • Format:Print
  • | Pages:14
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Abstract

Provides numerical data and alternative explanations concerning the U.S. dollar's rise and subsequent fall in value from 1981 through 1987. Students are challenged to study the evidence and make their own inferences concerning the dollar's movements and the degree of its mispricing. Introduces students to competing theories of exchange rate determination and the analysis of macroeconomic data pertinent to the pricing of foreign exchange.

Keywords

Macroeconomics; Currency Exchange Rate; Price; Theory; United States

Citation

Kester, W. Carl, and Richard P. Melnick. "Managing the U.S. Dollar in the 1980s." Harvard Business School Case 292-001, July 1991.
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About The Author

W. Carl Kester

Finance
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  • Apple, Einhorn, and iPrefs (Abridged) By: Carliss Y. Baldwin and W. Carl Kester
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  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
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