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From Benign Neglect to Malignant Preoccupation: U.S. Balance-of-Payments Policy in the 1960s

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NBER2000-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7630
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资源简介:
U.S. balance-of-payments problems in the 1960s remain poorly understood. In this paper I argue that they had two aspects. On the one hand there was a problem of real overvaluation, evident in the erosion of the current account and reflecting the reluctance of the Fed, the Executive and Congress to
提供机构:
美国国家经济研究局
创建时间:
2000-03-01
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