The External Balance Assessment (EBA) Methodology |
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| Author:
| Phillips, Steven
Catão, Luis
Ricci, Luca Antonio
Bems, Rudolfs
Das, Mitali
di Giovanni, Julian
Unsal, D. Filiz
Castillo, Marola
Lee, Jungjin
Rodriguez, Jair
Vargas, Mauricio |
| Series title: | IMF Working Papers |
| ISBN: | 978-1-4843-4676-1 |
| Publication Date: | Jan 2014 |
| Publisher: | International Monetary Fund
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| Book Format: | Ebook |
| List Price: | USD $9.00 |
Book Description:
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The External Balance Assessment (EBA) methodology has been developed by the IMF's Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally consistent manner. Compared to other approaches, EBA emphasizes distinguishing between the positive empirical analysis and the normative assessment of current accounts and exchange rates, and highlights the roles of policies and policy distortions. This paper provides a...
More DescriptionThe External Balance Assessment (EBA) methodology has been developed by the IMF's Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally consistent manner. Compared to other approaches, EBA emphasizes distinguishing between the positive empirical analysis and the normative assessment of current accounts and exchange rates, and highlights the roles of policies and policy distortions. This paper provides a comprehensive description and discussion of the 2013 version ("2.0") of the EBA methodology, including areas for its further development.