Title

How Robust Are Estimates of Equilibrium Real Exchange Rates: The Case of China

Steven Dunaway, Lamin Leigh, and Xiangming Li

How Robust Are Estimates of Equilibrium Real Exchange Rates: The Case of China

Increased attention is being paid to assessments of the actual values of countries' real exchange rates relative to their "equilibrium" values as suggested by "fundamental" determining factors. This paper assesses the robustness of alternative approaches and models commonly...
Topics: 
Economy
Keywords: 
Currency