An Empirical Investigation into the Causes of the Dollar's Decline (1985-1993)
In this paper, the writer develops and estimates a synthesis of the monetary and the portfolio-balance approaches of exchange rate determination in an attempt to explain the dollar's recent depreciation. Since 1985, the U.S. dollar has declined against the German deutsche mark and the Japanese...
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Format: | Others |
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TopSCHOLAR®
1996
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Online Access: | http://digitalcommons.wku.edu/theses/861 http://digitalcommons.wku.edu/cgi/viewcontent.cgi?article=1864&context=theses |