The Economics of the Dollar Cycle
- Stefan Gerlach() (Goethe University of Frankfurt)Peter A. Petri() (Brandeis University)Registered editor(s):
The paradoxical behavior of the dollar since 1980 poses a challenge to standard models of open economy macroeconomics. Using the dollar as a fulcrum, the original essays in this book discuss the causes of the dramatic shifts in the dollar's exchange value during the past decade and the effect of these fluctuations on the economies of the United States, Japan, Europe, and the developing nations, as well as its impact on theories of international economics.
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