Exchange Rate Assessment: Extension of the Macroeconomic Balance Approach

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Exchange Rate Assessment: Extension of the Macroeconomic Balance Approach by Peter Mr. Isard, Hamid Mr. Faruqee, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Peter Mr. Isard, Hamid Mr. Faruqee ISBN: 9781452716688
Publisher: INTERNATIONAL MONETARY FUND Publication: July 24, 1998
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Peter Mr. Isard, Hamid Mr. Faruqee
ISBN: 9781452716688
Publisher: INTERNATIONAL MONETARY FUND
Publication: July 24, 1998
Imprint: INTERNATIONAL MONETARY FUND
Language: English

The IMF's internal analysis of exchange rate issues has been guided by, and limited by, the conceptual and empirical frameworks that have emerged from the collective research of the economics profession. The research has provided several general approaches that are useful for assessing whether countries' exchange rates seem broadly appropriate. One involves the calculation of purchasing power-party (PPP) measure or international competitiveness indicators. A second, known as the macroeconomic balance framework, focuses on the extent to which prevailing exchange rates and policies are consistent with simultaneous internal and external equilibrium over the medium run. Some recent extensions of the macroeconomic balance approach and the manner in which it is applied by the IMF staff are described in this paper.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The IMF's internal analysis of exchange rate issues has been guided by, and limited by, the conceptual and empirical frameworks that have emerged from the collective research of the economics profession. The research has provided several general approaches that are useful for assessing whether countries' exchange rates seem broadly appropriate. One involves the calculation of purchasing power-party (PPP) measure or international competitiveness indicators. A second, known as the macroeconomic balance framework, focuses on the extent to which prevailing exchange rates and policies are consistent with simultaneous internal and external equilibrium over the medium run. Some recent extensions of the macroeconomic balance approach and the manner in which it is applied by the IMF staff are described in this paper.

More books from INTERNATIONAL MONETARY FUND

Cover of the book IMF Exchange Rate Policy Advice by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book The IMF and the Silent Revolution: Global Finance and Development in the 1980s by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Finance & Development, June 1964 by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Finance & Development, June 2006 by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Regional Economic Outlook: Middle East and Central Asia, May 2009 by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book A Basic Model of Performance-Based Budgeting by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Trade and Trade Policies in Eastern and Southern Africa by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Reforming the International Monetary and Financial System by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Privatization in Ukraine: Challenges of Assessment and Coverage in Fund Conditionality by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Finance & Development, September 1992 by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Central America: Structural Foundations for Regional Financial Integration by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Instruments of Monetary Management: Issues and Country Experiences by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book Monetary and Financial Statistics Manual and Compilation Guide by Peter Mr. Isard, Hamid Mr. Faruqee
Cover of the book World Economic Outlook, April 1985 by Peter Mr. Isard, Hamid Mr. Faruqee
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy