Verfügbarkeit: Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime

Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime: The Case of the Islamic Republic of Iran

This paper reviews recent developments in the exchange system in the Islamic Republic of Iran and in the real effective exchange rate (REER). It also considers the determinants of the REER in connection with the choice of exchange regime after unification. The study illustrates how economic policy v...

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Körperschaft:	International Monetary Fund (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1999
Schriftenreihe:	IMF Working Papers Working Paper No. 99/15
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper reviews recent developments in the exchange system in the Islamic Republic of Iran and in the real effective exchange rate (REER). It also considers the determinants of the REER in connection with the choice of exchange regime after unification. The study illustrates how economic policy variables and exogenous shocks affect the real exchange rate primarily through the fiscal balance, and consequently, the savings-investment gap. It further illustrates that the appropriate level of REER and its medium-term path depend upon the mix of monetary, fiscal, and structural policies that underpin the evolution of inflation, balance of payments, and productivity growth
Beschreibung:	1 Online-Ressource (41 p)
ISBN:	1451843240 9781451843248

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spelling	International Monetary Fund Verfasser aut Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran Washington, D.C International Monetary Fund 1999 1 Online-Ressource (41 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/15 This paper reviews recent developments in the exchange system in the Islamic Republic of Iran and in the real effective exchange rate (REER). It also considers the determinants of the REER in connection with the choice of exchange regime after unification. The study illustrates how economic policy variables and exogenous shocks affect the real exchange rate primarily through the fiscal balance, and consequently, the savings-investment gap. It further illustrates that the appropriate level of REER and its medium-term path depend upon the mix of monetary, fiscal, and structural policies that underpin the evolution of inflation, balance of payments, and productivity growth Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/02199-9781451843248/02199-9781451843248/02199-9781451843248.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_auth	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_exact_search	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_exact_search_txtP	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_full	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_fullStr	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_full_unstemmed	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime The Case of the Islamic Republic of Iran
title_short	Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime
title_sort	exchange rate unification the equilibrium real exchange rate and choice of exchange rate regime the case of the islamic republic of iran
title_sub	The Case of the Islamic Republic of Iran
url	http://elibrary.imf.org/view/IMF001/02199-9781451843248/02199-9781451843248/02199-9781451843248.xml
work_keys_str_mv	AT internationalmonetaryfund exchangerateunificationtheequilibriumrealexchangerateandchoiceofexchangerateregimethecaseoftheislamicrepublicofiran

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