1.

Record Nr.

UNINA9910464235003321

Autore

Lee Jungjin

Titolo

Evaluating Historical CGER Assessments [[electronic resource]]

Pubbl/distr/stampa

Washington, : International Monetary Fund, 2009

ISBN

1-4623-9311-X

1-4527-7328-9

1-4518-7179-1

1-282-84254-4

9786612842542

Descrizione fisica

1 online resource (29 p.)

Collana

IMF Working Papers

Altri autori (Persone)

AbiadAbdul

KannanPrakash

Disciplina

339.267

Soggetti

Foreign exchange rates -- Mathematical models

Foreign exchange

Monetary policy -- Mathematical models

Finance

Business & Economics

International Finance

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Contents; I. Introduction; Box; 1. An Overview of CGER Exchange Rate Assessment Methodologies; II. Evaluating Misalignment Assessments for Advanced Economies; A. Mean Prediction Error; Figures; 1. Mean Prediction Error; B. Panel Regressions; Tables; 1. Panel Regression Results using Midpoint of CGER Assessment; 2. Panel Regression Results using MB Misalignment Estimate; C. Individual Country Diagnostics; 3. Evaluation Diagnostics using MB Estimates; 2. Scatterplots of Realized vs. Predicted Changes in REER; D. Evaluating Current Account Movements; 4. Panel Regression Results using CA Norm

III. Cross-Section Analysis of the Fall 2006 CGER Estimates5. Country Coverage of the Expanded CGER Exercise.; 3. Undconditional



Scatterplots, 27 CGER Countries; 6. Regression Results using Midpoint of CGER Assessment; 4. Conditional Scatterplots using Midpoint of CGER Assessment; 7. Regression Results using Individual CGER Methodologies; IV. Conclusion; 8. Regression Results using Midpoint of CGER Assessment, Different Horizons.......; References; Appendices; 1. Pooled Regression Results; 2. Description of Diagnostic Statistics.; 3. Data Appendix

Sommario/riassunto

The IMF's Consultative Group on Exchange Rate issues (CGER) has been conducting exchange rate assessments as part of the surveillance process since 1997. This paper evaluates CGER assessments from 1997 to 2006, by comparing these to subsequent movements in real effective exchange rates (REER). We find that CGER's estimated misalignments have predictive power over future REER movements, especially over longer horizons and after changes in fundamentals are accounted for. But while CGER misalignments frequently predict the direction of currency movements correctly, misalignments have tended to be

2.

Record Nr.

UNINA9910624385203321

Titolo

Circular Economy and the Energy Market : Achieving Sustainable Economic Development Through Energy Policy / / edited by Hasan Dinçer, Serhat Yüksel

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2022

ISBN

3-031-13146-0

Edizione

[1st ed. 2022.]

Descrizione fisica

1 online resource (245 pages)

Collana

Contributions to Economics, , 2197-7178

Disciplina

338.927019

Soggetti

Economic development

Power resources

Environmental economics

Energy policy

Economic policy

Industrial policy

Economic Development, Innovation and Growth

Resource and Environmental Economics

Energy Policy, Economics and Management

Economic Policy

Regulation and Industrial Policy



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

Energy policies play a pivotal part in helping countries achieve their sustainable development goals. Further, energy is one of the critical raw materials in companies’ production processes. Therefore, ensuring a steady energy supply is essential to increasing production; otherwise, countries will inevitably slide into recession. In this context, countries should select their energy policies on the basis of a comprehensive analysis. In order to achieve this goal, many different factors must be considered at the same time. The aim of this book is to determine the right energy policies for the sustainable economic development of countries. In this framework, effective strategies for different types of energy will be presented and vital issues such as determining the right locations for nuclear power plants, providing optimal government incentives to increase clean energy investments, and determining appropriate energy policies to reduce energy dependence will be examined. Thus, country-specific optimal energy policies will be outlined, contributing to the achievement of the UN’s sustainable development goals (SDG).