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BPEA | 1985 No. 1

U.S. International Capital Flows and the Dollar

Lois Stekler and
LS
Lois Stekler Board of Governors of the Federal Reserve System
Peter Isard
PI
Peter Isard Board of Governors of the Federal Reserve System

1985, No. 1


THIS PAPER ADDRESSES four topics: the recent composition of U.S. international capital flows; capital flows and alternative hypotheses about the dollar’s appreciation; concerns about U.S. net international indebtedness; and the plausibility that the depreciation of the dollar will be gradual.