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Coordination of macroeconomic policy has been a major topic at recent summit meetings, and has been the subject of a number of theoretical studies. However, relatively little empirical research exists on policy coordination. This paper is an attempt to help fill this gap. The paper considers the...
Persistent link: https://www.econbiz.de/10005372624
Persistent link: https://www.econbiz.de/10000786337
This paper explores the interaction between exchange rate alignment and external balance for Japan and the United … factors in fostering more balanced trade between Japan and its major trading partners, including the United States. Evidence … Japan's surplus with the United States by $20 billion. …
Persistent link: https://www.econbiz.de/10005712764