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|c 5.00 USD
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|z 9781451871548
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Edison, Hali.
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|a Australia and New Zealand Exchange Rates :
|b A Quantitative Assessment /
|c Hali Edison, Francis Vitek.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (33 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|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.
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|a Mode of access: Internet
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|a Vitek, Francis.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/007
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|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
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