Australia and New Zealand Exchange Rates : A Quantitative Assessment /

The paper describes three empirical models commonly used to conduct exchange rate assessments and applies them to data for Australia and New Zealand. The baseline results using data and mediumterm projections available as of October 2008, suggest that the Australian and New Zealand dollars were broa...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Edison, Hali
अन्य लेखक: Vitek, Francis
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2009.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2009/007
ऑनलाइन पहुंच:Full text available on IMF
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245 1 0 |a Australia and New Zealand Exchange Rates :   |b A Quantitative Assessment /  |c Hali Edison, Francis Vitek. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2009. 
300 |a 1 online resource (33 pages) 
490 1 |a IMF Working Papers 
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 The paper describes three empirical models commonly used to conduct exchange rate assessments and applies them to data for Australia and New Zealand. The baseline results using data and mediumterm projections available as of October 2008, suggest that the Australian and New Zealand dollars were broadly in line with fundamentals, but with a wide variation across models. A battery of sensitivity tests illustrate that altering the underlying assumptions can yield substantially different assessments. The results are particularly sensitive to the choice of assessment horizon, the set of economies included in the sample, medium-term forecasts, and the exchange rate reference period. 
538 |a Mode of access: Internet 
700 1 |a Vitek, Francis. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2009/007 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2009/007/001.2009.issue-007-en.xml  |z IMF e-Library