Estimating Iceland's Real Equilibrium Exchange Rate
Author/Editor: Robert Tchaidze
Release Date: © December, 2007
ISBN
: 978-1-45186-839-5
Stock #: WPIEA2007276
English
Stock Status: On back-order
Languages and formats available
| English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
| Paperback | Yes |
Description
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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Taxonomy
Balance of trade , Commodities , International trade
More publications in this series: Working Papers
More publications by: Robert Tchaidze
