three reasons suggested: 14 October trade deficit announcement Baker's threat to the Germans to let the dollar fall, markets feared the Fed would deliberately let rates rise to try to keep the dollar from falling below Louvre limits (feldstein 1988a, Obstfeld 1990) in Feldstein American Economic Policy in the 1980s edited by Martin Feldstein p. 308 by jefferey a frankel
Exchange Rate Policy Jeffrey A. Frankel, C. Fred Bergsten & Michael L. Mussa Date January 1994 Copyright 1994 ISBN 0-226-24093-2 Chapter 5: Exchange Rate Policy (p. 293-366)
Chapter 2: Monetary Policy Author(s): Michael L. Mussa, Paul A. Volcker & James Tobin (p. 81-164) Date January 1994 ISBN 0-226-24093-2
American Economic Policy in the 1980s Martin Feldstein , editor Date January 1994 ISBN 0-226-24093-2 oclc 28506978
Feldstein, Martin S. 1994. American economic policy in the 1980s. Chicago: University of Chicago Press.
