The Level REER Model in the External Balance Assessment (EBA) Methodology
| Главный автор: | |
|---|---|
| Другие авторы: | , |
| Формат: | Электронная книга |
| Язык: | English |
| Публикация: |
[Washington, D.C.]
International Monetary Fund,
[2019]
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| Серии: | IMF working paper (Online) ;
WP/19/192. |
| Предметы: | |
| Online-ссылка: | EBSCOhost Перейти в каталог НБ ТГУ |
Оглавление:
- Cover; The Level REER model in the External Balance Assessment (EBA) Methodology; I. INTRODUCTION; II. REVIEW OF THE LITERATURE; III. DATA AND METHODOLOGY; IV. EXPLANATORY POWER OF THE BENCHMARK REGRESSION; V. ROBUSTNESS TO ALTERNATIVE METHODOLOGIES AND DIFFERENT MEASURES OF THE LEVEL-REER; VI. CONCLUSIONS; VII. REFERENCES; Table 1: Descriptive Statistics and Correlations; Table 2. Benchmark Specification; Table 3: Sequential variable introduction based on t-stat (OLS method estimation); Table 4. Comparison of Benchmark Specification to Alternative Estimation Methods
- Table 5: Benchmark versus alternative LHS variables, based on different XS dimension from ICP 2011 and PWT 9.0 (same estimation method, IV-REG)Table 6: Benchmark versus alternative LHS variables based on REER Indexconstructed with GDP Deflator (WEO) and adjusting the level with the XS dimensionof ICP 2011 and PWT 9.0 (same estimation method, IV-REG); Table 7: Benchmark versus alternative LHS variables based on full panel (XS and TS) dimension of PWT 9.0 (same estimation method, IV-REG); Figure 1: Level REER and Output per worker relative to top 3 economies
- Figure 2: Log of Level REER by CountryFigure 3: Log of Level REER (time series); Figure 4: Benchmark Specification
- Fitted Values by Country; Figure 5: Benchmark Specification
- Fitted Values (time series); Figure 6: Benchmark Specification Residuals by Country; Figure 7: Benchmark Specification Residuals (time series); Figure 8. Benchmark Regression
- Actual vs Fitted; Figure 9. Cross-Country Ranking Comparison: Robustness to Different Level REERsin the Base Year; Annex I: Alternative Reer Variables; Annex II: Data Sources; Annex III: Variables Definition in the EBA Models