How robust are estimates of equilibrium real exchange rates : the case of China /
Increased attention is being paid to assessments of the actual values of countries' real exchange rates relative to their "equilibrium" values as suggested by "fundamental" determining factors. This paper assesses the robustness of alternative approaches and models commonly...
Clasificación: | Libro Electrónico |
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Autores principales: | , , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
2006.
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Colección: | IMF working paper ;
WP/06/220. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Contents
- I. INTRODUCTION
- II. THE MACROECONOMIC BALANCE APPROACH
- III. THE EXTENDED PPP APPROACH: SINGLE-COUNTRY ESTIMATES
- IV. THE EXTENDED PPP APPROACH: PANEL DATA ESTIMATES
- V. CONCLUDING REMARKS
- APPENDIX. METHODOLOGICAL DIFFICULTIES OF DEALING WITH SLOPE HETEROGENEITY IN DYNAMIC PANEL DATA MODELS
- References