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The Yen Exchange Rate and the Hollowing Out of the Japanese Industry
Authors:Belke  Ansgar  Volz  Ulrich
Affiliation:1.University of Duisburg-Essen, Essen, Germany
;2.CEPS, Brussels, Belgium
;3.IZA, Bonn, Germany
;4.King’s College London, London, UK
;5.Department of Economics, SOAS University of London, London, UK
;
Abstract:Open Economies Review - Since the demise of the Bretton Woods system, the yen has seen several episodes of strong appreciation, including in the late 1970s, after the 1985 Plaza Agreement, the...
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