Establishing Conversion Values for New Currency Unions : : Method and Application to the planned Gulf Cooperation Council (GCC) Currency Union / / Bassem Kamar, Jean-Etienne Carlotti, Russell Krueger |
Autore | Kamar Bassem |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (60 p.) |
Disciplina | 336.54 |
Altri autori (Persone) |
CarlottiJean-Etienne
KruegerRussell |
Collana | IMF Working Papers |
Soggetto topico |
Monetary unions - Persian Gulf States
Currency question - Persian Gulf States Monetary policy - Persian Gulf States Foreign exchange rates - Persian Gulf States Dollar, American Exports and Imports Foreign Exchange Money and Monetary Policy Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Financial Aspects of Economic Integration Currency Foreign exchange Monetary economics International economics Currencies Monetary unions Real exchange rates Real effective exchange rates Exchange rates Money |
ISBN |
1-4623-8502-8
1-4527-8739-5 9786612843945 1-4518-7331-X 1-282-84394-X |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Table of Contents; A. Introduction; B. Background; The Problem; The European Example; The Gulf Cooperation Council; African Unions; C. Methodology to Set Conversion Values; Step One - Identifying periods of equilibrium; Step Two - Measuring real exchange rate misalignments; Step Three - Adjustments to conversion rates; D. Application to the GCC Countries; Background: Approach of Kamar and Ben Naceur; Step One: The REER equilibrium approach to determine the equilibrium year; Step Two: The bilateral RER misalignment between each GCC currency and the US dollar forecasted until 2013
Step Three: Identifying the new conversion ratesE. Application to Other Currency Unions; F. Conclusions; G. Appendices; 1: Setting the Rates for Conversion into the Euro; 2: The Macro-Indicators Approach Applied to GCC Countries; 3: Overview of CGER Exchange Rate Assessment Methodologies; 4: CGER assessments of selected GCC exchange rates in recent years:; 5: RER Behavior Determinants; 6: Unit Root Tests for the Real Effective Exchange Rate (REER) Model; 7: OLS Estimations of the Short-run Determinants of the REER (Error- Correction Model) 8: Unit Root Tests for the Bilateral Real Exchange Rate (RER) Model9: OLS Estimations of the Short-run Determinants of the RER (Error- Correction Model); H. References |
Record Nr. | UNINA-9910788228303321 |
Kamar Bassem | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Establishing Conversion Values for New Currency Unions : : Method and Application to the planned Gulf Cooperation Council (GCC) Currency Union / / Bassem Kamar, Jean-Etienne Carlotti, Russell Krueger |
Autore | Kamar Bassem |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (60 p.) |
Disciplina | 336.54 |
Altri autori (Persone) |
CarlottiJean-Etienne
KruegerRussell |
Collana | IMF Working Papers |
Soggetto topico |
Monetary unions - Persian Gulf States
Currency question - Persian Gulf States Monetary policy - Persian Gulf States Foreign exchange rates - Persian Gulf States Dollar, American Currencies Currency Exchange rates Exports and Imports Financial Aspects of Economic Integration Foreign Exchange Foreign exchange Government and the Monetary System International economics Monetary economics Monetary Systems Monetary unions Money and Monetary Policy Money Payment Systems Real effective exchange rates Real exchange rates Regimes Standards |
ISBN |
1-4623-8502-8
1-4527-8739-5 9786612843945 1-4518-7331-X 1-282-84394-X |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Table of Contents; A. Introduction; B. Background; The Problem; The European Example; The Gulf Cooperation Council; African Unions; C. Methodology to Set Conversion Values; Step One - Identifying periods of equilibrium; Step Two - Measuring real exchange rate misalignments; Step Three - Adjustments to conversion rates; D. Application to the GCC Countries; Background: Approach of Kamar and Ben Naceur; Step One: The REER equilibrium approach to determine the equilibrium year; Step Two: The bilateral RER misalignment between each GCC currency and the US dollar forecasted until 2013
Step Three: Identifying the new conversion ratesE. Application to Other Currency Unions; F. Conclusions; G. Appendices; 1: Setting the Rates for Conversion into the Euro; 2: The Macro-Indicators Approach Applied to GCC Countries; 3: Overview of CGER Exchange Rate Assessment Methodologies; 4: CGER assessments of selected GCC exchange rates in recent years:; 5: RER Behavior Determinants; 6: Unit Root Tests for the Real Effective Exchange Rate (REER) Model; 7: OLS Estimations of the Short-run Determinants of the REER (Error- Correction Model) 8: Unit Root Tests for the Bilateral Real Exchange Rate (RER) Model9: OLS Estimations of the Short-run Determinants of the RER (Error- Correction Model); H. References |
Record Nr. | UNINA-9910817624503321 |
Kamar Bassem | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|