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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ftrepec:oai:RePEc:tbs:wpaper:08-007 2023-05-15T16:47:05+02:00 Estimating Iceland's Real Equilibrium Exchange Rate Robert Tchaidze http://www.iset.ge/files/007-08.pdf unknown http://www.iset.ge/files/007-08.pdf preprint ftrepec 2020-12-04T13:31:24Z 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. Report Iceland RePEc (Research Papers in Economics) |
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Open Polar |
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RePEc (Research Papers in Economics) |
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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. |
format |
Report |
author |
Robert Tchaidze |
spellingShingle |
Robert Tchaidze Estimating Iceland's Real Equilibrium Exchange Rate |
author_facet |
Robert Tchaidze |
author_sort |
Robert Tchaidze |
title |
Estimating Iceland's Real Equilibrium Exchange Rate |
title_short |
Estimating Iceland's Real Equilibrium Exchange Rate |
title_full |
Estimating Iceland's Real Equilibrium Exchange Rate |
title_fullStr |
Estimating Iceland's Real Equilibrium Exchange Rate |
title_full_unstemmed |
Estimating Iceland's Real Equilibrium Exchange Rate |
title_sort |
estimating iceland's real equilibrium exchange rate |
url |
http://www.iset.ge/files/007-08.pdf |
genre |
Iceland |
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Iceland |
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http://www.iset.ge/files/007-08.pdf |
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1766037187318513664 |