How Long to Read Evaluating Historical CGER Assessments

By Jungjin Lee

How Long Does it Take to Read Evaluating Historical CGER Assessments?

It takes the average reader and 30 minutes to read Evaluating Historical CGER Assessments by Jungjin Lee

Assuming a reading speed of 250 words per minute. Learn more

Description

The IMF''s Consultative Group on Exchange Rate issues (CGER) has been conducting exchange rate assessments as part of the surveillance process since 1997. This paper evaluates CGER assessments from 1997 to 2006, by comparing these to subsequent movements in real effective exchange rates (REER). We find that CGER''s estimated misalignments have predictive power over future REER movements, especially over longer horizons and after changes in fundamentals are accounted for. But while CGER misalignments frequently predict the direction of currency movements correctly, misalignments have tended to be persistent, resulting in systematic errors-overprediction for undervalued currencies and underprediction for overvalued currencies.

How long is Evaluating Historical CGER Assessments?

Evaluating Historical CGER Assessments by Jungjin Lee is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Evaluating Historical CGER Assessments Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Evaluating Historical CGER Assessments aloud.

What Reading Level is Evaluating Historical CGER Assessments?

Evaluating Historical CGER Assessments is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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