External Adjustment and the Strong Yen : Recent Japanese Experience.
The parameters of a conventional model of Japan's current account were found to be stable in the period of the steeply rising yen between the fourth quarter of 1985 and the end of 1987. This suggests that Japan's current account has been adjusting to the strengthening yen in accordance wit...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Series: | IMF Working Papers; Working Paper ;
No. 1988/075 |
| Online Access: | Full text available on IMF |