The External Balance Assessment Methodology : 2018 Update /

The assessment of external positions and exchange rates is a key mandate of the IMF. This paper presents the updated External Balance Assessment (EBA) framework-a key input in the conduct of multilaterally-consistent external sector assessments of 49 advanced and emerging market economies-following...

Descrizione completa

Dettagli Bibliografici
Autore principale: Cubeddu, Luis
Altri autori: Adler, Gustavo, Krogstrup, Signe, Rabanal, Pau
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/065
Accesso online:Full text available on IMF
Descrizione
Riassunto:The assessment of external positions and exchange rates is a key mandate of the IMF. This paper presents the updated External Balance Assessment (EBA) framework-a key input in the conduct of multilaterally-consistent external sector assessments of 49 advanced and emerging market economies-following the two rounds of refinements adopted since the framework was introduced in 2012 (as described in Phillips and others, 2013). It also presents new complementary tools for shedding light on the role of structural factors in explaining external imbalances and assessing potential biases in the measurement of external positions. Remaining challenges and areas of future work are also discussed.
Descrizione del documento:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Descrizione fisica:1 online resource (68 pages)
Natura:Mode of access: Internet
ISSN:1018-5941
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students