{
  "title": "Estimating Iceland’s Real Equilibrium Exchange Rate",
  "publication": "IMF Working Papers, December 1, 2007",
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  "summary": "Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium. It discusses three approaches to estimating the equilibrium values and suggests that the adjustment needed to bring the real exchange rate in line with fundamentals is in the range of 15-25 percent, alt",
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    {
      "heading": "Summary",
      "content": "- Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium.\n- The paper discusses three approaches to estimating the equilibrium values.\n- The paper suggests that the adjustment needed to bring the real exchange rate in line with fundamentals is in the range of 15-25 percent, although timing and manner of this adjustment is unclear."
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      "heading": "Approaches to estimating equilibrium values",
      "content": "- The paper discusses three approaches to estimating the equilibrium real exchange rate.\n- No further methodological details are provided on the landing page."
    },
    {
      "heading": "Key findings and projections",
      "content": "- Adjustment needed to align the real exchange rate with fundamentals: in the range of 15-25 percent.\n- Timing and manner of the adjustment: unclear."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Current account, Current account deficits, Real effective exchange rates, Real exchange rates, Trade balance\n- Keywords: GDP, REER, WP\n\n---\n\n Content in this bundle\n\n- Wp07276\n  - Wp07276 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Wp07276 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/estimating-icelands-real-equilibrium-exchange-rate-21466"
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    "Authors: Robert Tchaidze",
    "Published: December 1, 2007",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451868395.001",
    "Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium.",
    "The paper discusses three approaches to estimating the equilibrium values.",
    "The paper suggests that the adjustment needed to bring the real exchange rate in line with fundamentals is in the range of 15-25 percent, although timing and manner of this adjustment is unclear.",
    "The paper discusses three approaches to estimating the equilibrium real exchange rate.",
    "No further methodological details are provided on the landing page.",
    "Adjustment needed to align the real exchange rate with fundamentals: in the range of 15-25 percent.",
    "Timing and manner of the adjustment: unclear.",
    "Subject: Current account, Current account deficits, Real effective exchange rates, Real exchange rates, Trade balance",
    "Keywords: GDP, REER, WP",
    "**Wp07276**"
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