Exchange rate analysis in support of IMF surveillance : a collection of empirical studies / Carlo Cottarelli ... [and others], editors.

Format:

Book

Contributor:

Cottarelli, Carlo.

International Monetary Fund.

Language:

English

Subjects (All):

Foreign exchange rates.

International Monetary Fund.

Physical Description:

xviii, 332 pages : illustrations ; 23 cm

Place of Publication:

Washington, D.C. : International Monetary Fund, [2008]

Summary:

Exchange rate analysis lies at the center of the IMF's surveillance mandate and policy advice, as well as in the design of IMF-supported programs, and IMF staff are called upon to analyze a variety of exchange rate issues in various member countries, both small and large, from the least economically developed to the most advanced, and from those whose currencies circulate only locally to those whose currencies are of global importance. This book provides a sample of the topics the IMF staff typically examine under the broad rubric of exchange rate analysis, encompassing several topics: determination and impact of the real exchange rate, assessing competitiveness and the equilibrium real exchange rate in specific countries or country groups, and considerations in the choice of exchange rate regime.--Publisher's description.

Contents:

Commodity currencies and the real exchange rate / Paul Cashin, Luis F. Céspedes, and Ratna Sahay

Exchange rates and trade balance adjustment in emerging market economies / Atish Ghosh ... [et al.]

Aid volatility and macroeconomic policies / Alessandro Prati and Thierry Tressel

Exchange rate pass-through in the euro area / Hamid Faruqee

Estimation of the equilibrium real exchange rate for South Africa / Ronald MacDonald and Luca Antonio Ricci

France, Germany, Italy, and Spain: explaining differences in external sector performance among large euro area countries / Céline Allard ... [et al.]

Maintaining competitiveness in the global economy / Catriona Purfield

Modeling the real exchange rates in WAEMU and CEMAC / Yasser Abdih and Charalambos Tsangarides

To peg or not to peg: a template for assessing the nobler / Aasim M. Husain

Exits from heavily managed exchange rate regimes: how good has the going been? / Enrica Detragiache, Ashoka Mody, and Eisuke Okada

Long-run determinants of exchange rate regimes: a simple sensitivity analysis / Grace Juhn and Paolo Mauro.

Notes:

Includes bibliographical references.

ISBN:

9781589067288

1589067282

OCLC:

261948164