The Dollar and the Trade Deficit in the 1980s: A Personal View
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.
|Date of creation:||Apr 1993|
|Date of revision:|
|Publication status:||published as Feldstein, Martin (ed.) American Economic Policy in the 1980s. Chicago: University of Chicago Press, 1994.|
|Note:||ME ITI IFM EFG|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
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- Feldstein, Martin, 1989.
"The Case against Trying to Stabilize the Dollar,"
American Economic Review,
American Economic Association, vol. 79(2), pages 36-40, May.
- Martin Feldstein, 1992. "The Budget and Trade Deficits Aren't Really Twins," NBER Working Papers 3966, National Bureau of Economic Research, Inc.
- Feldstein, Martin, 1986.
"U.S. Budget Deficits and the European Economies: Resolving the Political Economy Puzzle,"
American Economic Review,
American Economic Association, vol. 76(2), pages 342-46, May.
- Martin Feldstein, 1986. "U.S. Budget Deficits and the European Economies: Resolving the Political Economy Puzzle," NBER Working Papers 1790, National Bureau of Economic Research, Inc.
- Martin Feldstein & Charles Horioka, 1979.
"Domestic Savings and International Capital Flows,"
NBER Working Papers
0310, National Bureau of Economic Research, Inc.
- Martin Feldstein, 1986. "New Evidence on the Effects of Exchange Rate Intervention," NBER Working Papers 2052, National Bureau of Economic Research, Inc.
- Feldstein, Martin, 1988. "Rethinking International Economic Coordination," Oxford Economic Papers, Oxford University Press, vol. 40(2), pages 205-19, June.
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