It takes the average reader and 38 minutes to read Exchange Rate Assessments by Mr.Irineu E. de Carvalho Filho
Assuming a reading speed of 250 words per minute. Learn more
Are the current account fluctuations in oil-exporting countries "excessive"? How should their real exchange rate respond to the evolution of external (and domestic) fundamentals? This paper proposes methodologies tailored to the specific features of oil-exporting countries that help address these questions. Price-based methodologies (based on the time series of real effective exchange rates) identify a strong link between the real exchange rate and the terms of trade, but have relatively limited explanatory power. On the other hand, an empirical model of the current account, which fits oil exporting countries' data well, and an intertemporal model that takes into account the stock of oil reserves provide useful benchmarks for oil exporters' external balances.
Exchange Rate Assessments by Mr.Irineu E. de Carvalho Filho is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Exchange Rate Assessments aloud.
Exchange Rate Assessments is suitable for students ages 8 and up.
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