This paper presents an exchange rate model for the Euro exchange rates of four major currencies, namely the US dollar, the British pound, the Japanese yen and the Swiss franc. The model is based on ...
This note estimates the neutral rate for New Zealand using a Vector Error Correction Model (VECM). The neutral interest rate is the rate of interest at which monetary ...
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author (s) and do not necessarily represent those ...