1.

Record Nr.

UNISOBE600200003743

Autore

Harf-Lancner, Laurence

Titolo

Morgana e Melusina : La nascita delle fate nel Medioevo / Laurence Harf-Lancner

Pubbl/distr/stampa

Torino, : Einaudi, 1989

Descrizione fisica

572 p. ; 24 cm

Collana

Einaudi paperbacks ; 203

Lingua di pubblicazione

Italiano

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910972052403321

Autore

de Carvalho Filho Irineu

Titolo

Exchange Rate Assessments : : Methodologies for Oil Exporting Countries / / Irineu de Carvalho Filho, Rudolfs Bems

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612844683

9781462301270

1462301274

9781452771243

1452771243

9781282844681

1282844687

9781451874266

145187426X

Edizione

[1st ed.]

Descrizione fisica

1 online resource (37 p.)

Collana

IMF Working Papers

Altri autori (Persone)

BemsRudolfs

Disciplina

332.01234

Soggetti

Foreign exchange administration - Africa, Sub-Saharan

Foreign exchange - Accounting - Africa, Sub-Saharan

Fiscal policy - Africa, Sub-Saharan

Petroleum industry and trade - Africa, Sub-Saharan

Balance of payments

Currency

Current Account Adjustment

Current account balance



Current account

Energy: General

Exports and Imports

Foreign Exchange

Foreign exchange

Income

International economics

Investment & securities

Investments: Energy

Macroeconomics

Oil

Personal income

Personal Income, Wealth, and Their Distributions

Petroleum industry and trade

Real exchange rates

Short-term Capital Movements

Africa, Sub-Saharan Economic policy

Russian Federation

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"December 2009."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; Figures; 1. Current Account Behavior for Oil Exporters; 2. Oil Dependency and Volatility, 1970-2006; II. Price Based Methodologies; A. Regression model setup; B. Econometric results; C. Robustness; D. Implementation; Tables; 1. ERER Regression:  Long-Run Coefficients (1980-2007); III. Quantity Based Methodologies; 2. Determinants of the Current Account in the Medium-Run: 1969-2007; IV. Balance Sheet-Based Methodologies; A. Theoretical Background; B. Allocation Rules; C. Determinants of Current Account Balances; D. Implementation; Text Tables

3. Time-series Data for the Dynamic ES Exercise4. NFA-Stabilizing CA Balances under Various ES Specification; 3. Evolution of NFA under Various ES Specification; V. Concluding Remarks; References; Appendices; 1. Implementation of Quality-Based Approaches to Real Exchange Rate Assessment; 2. Unit Root and Cointegration Tests; Appendices Tables; 1. A. Unit Root Test on Real Exchange Rate and Fundamentals (1980-2007); B. Panel Unit Root Tests; 2. Panel Cointegration Tests; 3. Sample Composition

Sommario/riassunto

Are the current account fluctuations in oil-exporting countries "excessive"? How should their real exchange rate respond to the evolution of external (and domestic) fundamentals? This paper proposes methodologies tailored to the specific features of oil-exporting countries that help address these questions. Price-based methodologies (based on the time series of real effective exchange rates) identify a strong link between the real exchange rate and the terms of trade, but have relatively limited explanatory power. On the other hand, an empirical model of the current account, which fits oil exporting countries' data well, and an intertemporal model that takes



into account the stock of oil reserves provide useful benchmarks for oil exporters' external balances.