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...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Staff Country Reports; Country Report ; No. 2004/354
Online Access:Full text available on IMF
LEADER 01532cas a2200241 a 4500
001 AALejournalIMF003301
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451802061 
022 |a 1934-7685 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund. 
245 1 0 |a Australia :   |b Selected Issues. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2004. 
300 |a 1 online resource (52 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2004/354 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2004/354/002.2004.issue-354-en.xml  |z IMF e-Library