| 书目名称 | U.S. Trade Deficit: Causes, Consequences, and Cures | | 副标题 | Proceedings of the T | | 编辑 | Albert E. Burger | | 视频video | | | 图书封面 |  | | 描述 | On October 23 and 24, 1987, the Federal Reserve Bank of St. Louis hosted its twelfth annual economic policy conference, "The U.S. Trade Deficit: Causes, Consequences, and Cures." This book contains the papers and comments delivered at that conference. A sharp decline in the value of the dollar against major foreign cur rencies began in March 1985 and continued through December 1987. Despite this decline, the U.S. trade deficit experienced considerable growth during this time. Many consider the simultaneous occurrence of these two events over so long a period to be a problem requiring a policy response. The conference addresses this issue. Various papers discuss the cause of the trade deficit, the reason for its size and persistence, its relation ship with other macroeconomic variables, its impact on other industrialized countries, and various policy proposals aimed at reducing the deficit. Session I Peter Hooper and Catherine L. Mann provide an analytical setting for the conference with their "The U.S. External Deficit: Its Causes and Persistence." Their observation that the unprecedentedly large U. S. trade imbalance is striking in both its size and its persistence could well be | | 出版日期 | Conference proceedings 1989 | | 关键词 | Bank; econometrics; economic policy; growth; macroeconomics | | 版次 | 1 | | doi | https://doi.org/10.1007/978-94-009-2520-5 | | isbn_softcover | 978-94-010-7638-8 | | isbn_ebook | 978-94-009-2520-5 | | copyright | Kluwer Academic Publishers 1989 |
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