The Revised EBA-Lite Methodology
Policy Papers, July 3, 2019
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- Canonical URL
- The Revised EBA-Lite Methodology
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Bibliographic details
- Published: July 3, 2019
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781498324373.007
Key findings from the Methodology review
- The review identified three broad areas for improving the EBA-Lite methodology:
- (1) expanding the fundamentals and policy determinants in the CA and REER regressions to better capture the external balance of EBA-Lite countries;
- (2) identifying alternatives to regression models for external assessments of large exporters of exhaustible commodities; and
- (3) a revised approach for the assessment of external sustainability in highly indebted economies.
Revised methodology structure
- The revised methodology consists of three modules:
- 1) Regression Module
- 2) Module for External Assessments of Exporters of Exhaustible Commodities
- 3) Module for the Assessment of External Sustainability
Subjects and keywords (as listed)
- Subjects:
- Balance of payments
- Current account
- Environment
- Expenditure
- External balance assessment lite (EBA-Lite)
- External position
- Health care spending
- Natural disasters
- Keywords:
- CA balance
- CA model
- Current account
- current account model
- current-account norm
- exchange rate
- External balance assessment lite (EBA-Lite)
- fiscal policy
- fiscal policy gap
- Global
- Health care spending
- Natural disasters
- PP
- regression model
- saving-investment balance
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- Policy Paper