Australia : Selected Issues.
This Selected Issues paper for Australia highlights the dynamics of the Australian real exchange rate and its impact on Australia's trade. The main findings are that the Australian real exchange rate is largely driven by world commodity prices and that it adjusts relatively rapidly to large sho...
| 団体著者: | |
|---|---|
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| シリーズ: | IMF Staff Country Reports; Country Report ;
No. 2004/354 |
| オンライン･アクセス: | Full text available on IMF |
| 要約: | This Selected Issues paper for Australia highlights the dynamics of the Australian real exchange rate and its impact on Australia's trade. The main findings are that the Australian real exchange rate is largely driven by world commodity prices and that it adjusts relatively rapidly to large shocks, with an estimated half-life of 16 months. The real exchange rate is a significant determinant of Australian imports, with an elasticity of one, but does not appear to have a significant impact on Australian exports. |
|---|---|
| 記述事項: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| 物理的記述: | 1 online resource (52 pages) |
| フォーマット: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| アクセス: | Electronic access restricted to authorized BRAC University faculty, staff and students |