U.S. Macroeconomic Policy and Performance in the 1980s: An Overview
This piper provides an overview of U.S. macroeconomic policy and
performance in the 1980s by first outlining the behavior of key economic
variables and then discussing the policies that have affected these
variables. After gaining some insight into the interaction between these
policies and macroeconomic performance, it then goes on to examine where
macro policy and the U.S. economy may be heading in the next several
Published: Patrick, H. and R. Tachi (eds.) Japan and the United States Today: Exchange Rates, Macroeconomic Policies, and Financial Market Innovations. New York: Columbia University Press, 1987.