Estimating Iceland's Real Equilibrium Exchange Rate /

Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium. It discusses three approaches to estimating the equilibrium values and suggests that the adjustment needed to bring the real exchange rate in line with fundamentals is in the range of 15-25 percent, alt...

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Bibliografiske detaljer
Hovedforfatter: Tchaidze, Robert
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2007.
Serier:IMF Working Papers; Working Paper ; No. 2007/276
Online adgang:Full text available on IMF
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245 1 0 |a Estimating Iceland's Real Equilibrium Exchange Rate /  |c Robert Tchaidze. 
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300 |a 1 online resource (17 pages) 
490 1 |a IMF Working Papers 
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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 Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium. It discusses three approaches to estimating the equilibrium values and suggests that the adjustment needed to bring the real exchange rate in line with fundamentals is in the range of 15-25 percent, although timing and manner of this adjustment is unclear. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2007/276 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2007/276/001.2007.issue-276-en.xml  |z IMF e-Library