Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
DOI: http://dx.doi.org/10.5089/9781589066380.084
ISBN: 9781589066380
The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on mul...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on mul...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on mul...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
Exchange rate surveillance has always been at the core of the IMF’s responsibilities. Throughout its existence, the Fund has striven to strengthen its framework for assessing exchange rates, adapting it to u...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
The macroeconomic balance approach to exchange rate assessments consists of three steps. First, an equilibrium relationship between current account balances and a set of fundamentals is estimated with panel...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
The reduced-form equilibrium real exchange rate (ERER) approach to exchange rate assessment consists of three steps. First, panel regression techniques are used to estimate an equilibrium relationship betwee...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
The external sustainability (ES) approach, not previously used in Consultative Group on Exchange Rate Issues (CGER) assessments, complements the two other methodologies by focusing on the relati...
Series: Occasional Papers
Author(s):
Jaewoo Lee
,
Jonathan Ostry
,
Alessandro Prati
,
Luca Ricci
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
April
2008
ISBN: 9781589066380
This paper has presented three alternative methodologies to help gauge the consistency of current account balances and real effective exchange rates with their underlying fundamentals. While assessments of e...
Volume/Issue: 2004/157
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
June
2004
ISBN: 9781451807875
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...
Volume/Issue: 2004/157
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
June
2004
DOI: http://dx.doi.org/10.5089/9781451807875.002
ISBN: 9781451807875
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...
