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How misaligned is the Australian real exchange rate?

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dc.contributor.authorChand, Satishen_AU
dc.date.accessioned2010-11-01T01:03:59Zen_AU
dc.date.accessioned2011-04-19T01:24:55Z
dc.date.available2010-11-01T01:03:59Zen_AU
dc.date.available2011-04-19T01:24:55Z
dc.date.issued2001-08-07en_AU
dc.description.abstractThis paper uses quarterly data from September 1981 to December 2000 to quantify the extent to which the Australian real exchange rate is misaligned relative to its long-run equilibrium value. Our modelling suggest, that as of December 2000, the real exchange rate was seven percent below its equilibrium value; this figure is modest in comparison to purchasing power parity indicators that suggest considerably greater misalignment. Furthermore, once short-run dynamics are accounted for, even this anomaly disappears.en_AU
dc.format.extent32 pagesen_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.citationChand. S. (2001). How misaligned is the Australian real exchange rate?. International and Development Economics Paper 01-2. Canberra, ACT: Crawford School of Economics and Government, The Australian National University.en_AU
dc.identifier.urihttp://hdl.handle.net/10440/1236
dc.language.isoen_AUen_AU
dc.provenancePermission granted by Crawford School to archive their papers and make them publically available - permission given by Director, Research, Crawford School of Economics and Government, in email dated 30/10/10en_AU
dc.publisherCrawford School of Economics and Government, The Australian National Universityen_AU
dc.rightsAuthor/s retain copyrighten_AU
dc.source.urihttp://www.crawford.anu.edu.au/degrees/idec/working_papers/IDEC01-2.pdfen_AU
dc.subjectexchange ratesen_AU
dc.subjectAustraliaen_AU
dc.subjectmisalignmentsen_AU
dc.titleHow misaligned is the Australian real exchange rate?en_AU
dc.typeWorking/Technical Paperen_AU
dcterms.accessRightsOpen Accessen_AU
local.contributor.authoruidu9102548en_AU
local.publisher.urlhttp://www.crawford.anu.edu.auen_AU
local.type.statusPublished versionen_AU

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