Dekle, Robert; Fukao, Kyōji - 2009
-U.S. Exchange Rate, Productivity, and the Competitiveness of
Japanese Industries*
March 2009
Robert Dekle
Department of … Global Financial Crisis of 2008 on the yen-dollar exchange rate and on the
competitiveness of Japanese industries are too … matched by an increase in Japanese productivity. What then is the
appreciation of the aggregate real exchange rate consistent …