Estimation of Equilibrium Exchange Rates in the WAEMU (Record no. 167442)
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000 -LEADER | |
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fixed length control field | 02827nam a22004694a 4500 |
001 - CONTROL NUMBER | |
control field | WPIEA2007194 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | IMF |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190408085348.0 |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
fixed length control field | m o d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | cr cn||||||||| |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 020129s2007 dcu o i00 0 eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 1451867581 : |
Terms of availability | 18.00 USD |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
Cancelled/invalid ISBN | 9781451867589 |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 1018-5941 |
024 7# - OTHER STANDARD IDENTIFIER | |
Standard number or code | 10.5089/9781451867589.001 |
Source of number or code | doi |
035 ## - SYSTEM CONTROL NUMBER | |
System control number | (IMF)WPIEA2007194 |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | DcWaIMF |
Language of cataloging | eng |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | Saxegaard, Magnus. |
245 10 - TITLE STATEMENT | |
Title | Estimation of Equilibrium Exchange Rates in the WAEMU |
Medium | [electronic resource] : |
Remainder of title | A Robustness Analysis / |
Statement of responsibility, etc | Magnus Saxegaard. |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | Washington, D.C. : |
Name of publisher, distributor, etc | International Monetary Fund, |
Date of publication, distribution, etc | 2007. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (54 p.) |
490 1# - SERIES STATEMENT | |
Series statement | IMF Working Papers; Working Paper ; |
Volume number/sequential designation | No. 07/194 |
520 3# - SUMMARY, ETC. | |
Summary, etc | Using the FEER approach we investigate the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU). In an attempt to address econometric estimation uncertainty, we employ both single-country (Johansen and ARDL) and panel-data (FMOLS and PMG) cointegration techniques. We find that (i) much of the long-run behavior of REERs in WAEMU countries can be explained by fluctuations in terms of trade, government consumption, investment, and productivity; (ii) the use of different econometric techniques suggests that there is significant uncertainty about the path of the underlying equilibrium REERs and the degree of exchange rate misalignment, which underscores the need for robustness analyses in exchange rate modeling; and (iii) results from panel-data cointegration may sometimes be useful, but should always be complemented with single-country estimations to ensure that the results take into account country-specific characteristics. |
588 ## - SOURCE OF DESCRIPTION NOTE | |
Source of description note | Description based on print version record. |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Cointegration |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Equation |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Equilibrium Real Exchange Rate |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Equilibrium Real Exghange Rate |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Exchange Rate |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Feer |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Benin |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Burkina Faso |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Mali |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Niger |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Senegal |
Source of heading or term | imf |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Roudet, Stéphane. |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Saxegaard, Magnus. |
700 1# - ADDED ENTRY--PERSONAL NAME | |
Personal name | Tsangarides, Charalambos G. |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
Display text | Print Version: |
Main entry heading | Saxegaard, Magnus. |
Title | Estimation of Equilibrium Exchange Rates in the WAEMU : A Robustness Analysis |
Place, publisher, and date of publication | Washington, D.C. : International Monetary Fund, 2007. |
International Standard Book Number | 9781451867589 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | IMF Working Papers; Working Paper ; |
Volume number/sequential designation | No. 07/194 |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://elibrary.imf.org/view/IMF001/08612-9781451867589/08612-9781451867589/08612-9781451867589.xml">http://elibrary.imf.org/view/IMF001/08612-9781451867589/08612-9781451867589/08612-9781451867589.xml</a> |
Public note | IMF e-Library |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://www.imfbookstore.org/IMFORG/9781451867589">http://www.imfbookstore.org/IMFORG/9781451867589</a> |
Public note | IMF Book Store |
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