Series: IMF Working Papers
Author(s): Jordi Prat , Leandro Medina , and Alun Thomas
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2010
Keywords: Real exchange rate, macro-balance approach, current account norm, current account, current account balance, current account balances, current account deficits, International Finance Forecasting and Simulation,
This paper uses a modified version of the methodology used by the IMF's Consultative Group on Exchange Rate Issues (CGER) to calculate equilibrium current account balances (or ?norms?) for a sample of 33 emerging m...