Location of Repository

Synchronized business cycles in East Asia and fluctuations in the yen/dollar exchange rate,” mimeo

By Ronald Mckinnon and Gunther Schnabl

Abstract

Should the Japanese yen be depreciated to revive the Japanese economy? Since the bursting of the stock-and land-market bubbles in 1990-91, the Japanese economy has fallen into its deepest postwar recession. Because fiscal policy and monetary policy are at their limits in combating recession and deflation, a possible foreign exchang

Year: 2003
OAI identifier: oai:CiteSeerX.psu:10.1.1.360.1991
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://www.ecb.europa.eu/event... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.