Siregar, Reza (2011): The Concepts of Equilibrium Exchange Rate: A Survey of Literature.
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The aim of this paper is to review and examine a collection of ‘most commonly applied’ theoretical and empirical models of equilibrium exchange rate. The presentation on each model starts with an introduction of core theoretical frameworks. It will then be followed by discussions on relevant empirical steps to estimate the equilibrium rate. The rest of the paper will focus on assessing the strengths and weaknesses of the model and how each relates to the other.
|Item Type:||MPRA Paper|
|Original Title:||The Concepts of Equilibrium Exchange Rate: A Survey of Literature|
|Keywords:||Equilibrium, Exchange Rate Models, PPP, Monetary Model, BEER, DEER, FEER, PEER and NATREX|
|Subjects:||F - International Economics > F3 - International Finance > F32 - Current Account Adjustment; Short-Term Capital Movements
F - International Economics > F3 - International Finance > F31 - Foreign Exchange
|Depositing User:||Reza Yamora Siregar|
|Date Deposited:||22. Feb 2011 19:01|
|Last Modified:||21. Feb 2013 06:13|
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