Exchange Rate Assessments: CGER Methodologies

Occasional Papers, April 7, 2008

Source details

Canonical URL

Exchange Rate Assessments: CGER Methodologies

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Authors: Luca A Ricci, Jonathan David Ostry, Jaewoo Lee, Alessandro Prati, Gian M Milesi-Ferretti
• Published: April 7, 2008
• Series: Occasional Papers
• DOI: https://doi.org/10.5089/9781589066380.084

Background and purpose

• The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP motivated the IMF to place stronger emphasis on multilateral surveillance, macro-financial linkages, and the implications of globalization.
• The IMF's Consultative Group on Exchange Rate Issues (CGER), formed in the mid-1990s to provide exchange rate assessments for a number of advanced economies from a multilateral perspective, has broadened its mandate to cover both key advanced economies and major emerging market economies.
• This Occasional Paper summarizes the methodologies that underpin the expanded CGER analysis.

Methodological scope (as described)

• Paper purpose: summarize the methodologies used by CGER for exchange rate assessments following an expanded mandate.
• Coverage: methodologies applicable to both key advanced economies and major emerging market economies.
• Analytical emphasis: multilateral surveillance and macro-financial linkages in the context of deeper trade and financial integration and the rising importance of emerging markets.

Subjects and keywords (as listed)

• Subjects: Balance of payments, Current account, Current account balance, Exchange rate assessments, External position, Foreign assets, Foreign exchange, Real exchange rates
• Keywords: Asia and Pacific, assessment, currency misalignment, Current account, Current account balance, Eastern Europe, emerging market country, Europe, Exchange rate assessments, exchange rate misalignment, Foreign assets, Global, IMF country desk level, IMF staff country desk, OP, Real exchange rates

Access and formats

• Formats referenced: PDF; More formats available on IMF eLibrary.
• Additional options noted on page: Order a Print Copy; Create Citation (multiple citation formats offered).

International Monetary Fund — Exchange Rate Assessments: CGER Methodologies (Occasional Paper No. 2008/002).

Content in this bundle

• Exchange Rate Assessments: CGER Methodologies -- Overview; IMF Occasional Paper 261; 2008
  • Exchange Rate Assessments: CGER Methodologies -- Overview; IMF Occasional Paper 261; 2008 (Markdown version)
  • Exchange Rate Assessments: CGER Methodologies -- Overview; IMF Occasional Paper 261; 2008 (PDF)