AS-AD not quite over

1994-03-17 Thread Peter.Dorman
Well, Barkley, maybe not quite the final shot. First off, there are various factors that might have offset the "fundamentals" during the exchange rate episode of 1982-85. First, South Korea and Taiwan were effectively in the dollar zone during this period (maybe still are), since their currencie

AS-AD not quite over

1994-03-17 Thread Peter.Dorman
Well, Barkley, maybe not quite the final shot. First off, there are various factors that might have offset the "fundamentals" during the exchange rate episode of 1982-85. First, South Korea and Taiwan were effectively in the dollar zone during this period (maybe still are), since their currencie