The Dollar and the Trade Deficit in the 1980s: A Personal View

The Dollar and the Trade Deficit in the 1980s: A Personal View
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美元与 20 世纪 80 年代的贸易逆差:个人观点

DOI:
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发表时间:
1993
期刊:
影响因子:
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通讯作者:
M. Feldstein
M. Feldstein
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文献类型:
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作者:
M. Feldstein

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上世纪80年代美元汇率和贸易逆差的急剧波动,是那个年代最新奇、也最不为人所知的经济发展之一。这篇论文是作为国家经济研究局20世纪80年代美国经济政策项目的一部分撰写的,它研究了美元波动的原因,以及关于政府对美元涨跌的适当反应的政策辩论的本质。
The sharp gyrations of the dollar and of the trade deficit in the 1980s were among the most novel and least understood economic developments of the decade. This paper, which was written as part of the NBER project on American economic policy in the 1980s, examines the reasons for the dollar's swings and the nature of the policy debate about the appropriate government response to the rising and then falling dollar.