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Article
Publication date: 29 May 2009

Hali Edison and Francis Vitek

The purpose of this paper is to assess the level of the real effective exchange rate in Australia and New Zealand.

983

Abstract

Purpose

The purpose of this paper is to assess the level of the real effective exchange rate in Australia and New Zealand.

Design/methodology/approach

The paper describes three empirical models commonly used to conduct exchange rate assessments and applies them to data for Australia and New Zealand.

Findings

The baseline results using data and medium‐term projections, available as of October 2008, suggest that the Australian and New Zealand dollar were broadly in line with fundamentals, but with a wide variation across models. A battery of sensitivity tests illustrates that altering the underlying assumptions can yield substantially different assessments. The results are particularly sensitive to the choice of assessment horizon, the set of economies included in the sample, medium‐term forecasts, and the exchange rate reference period.

Originality/value

The paper provides an assessment of the exchange rates in Australia and New Zealand.

Details

Journal of Financial Economic Policy, vol. 1 no. 2
Type: Research Article
ISSN: 1757-6385

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Abstract

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International Comparisons of Prices, Output and Productivity
Type: Book
ISBN: 978-1-84950-865-0

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Article
Publication date: 1 April 1949

It has often been said that a great part of the strength of Aslib lies in the fact that it brings together those whose experience has been gained in many widely differing fields…

259

Abstract

It has often been said that a great part of the strength of Aslib lies in the fact that it brings together those whose experience has been gained in many widely differing fields but who have a common interest in the means by which information may be collected and disseminated to the greatest advantage. Lists of its members have, therefore, a more than ordinary value since they present, in miniature, a cross‐section of institutions and individuals who share this special interest.

Details

Aslib Proceedings, vol. 1 no. 4
Type: Research Article
ISSN: 0001-253X

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Article
Publication date: 1 December 1958

WHERE are we going? The aim is to double our standard of living in the next 25 years and, as Sir Alexander Fleck, K.B.E., Chairman of Imperial Chemical Industries Ltd., so aptly…

61

Abstract

WHERE are we going? The aim is to double our standard of living in the next 25 years and, as Sir Alexander Fleck, K.B.E., Chairman of Imperial Chemical Industries Ltd., so aptly staled recently, ‘The man who knows where he is going is the one who is most likely to arrive.’ One might venture to expand this statement by adding that he is still more likely to arrive if the cluttering debris of inefficient methods and movements are cleared away.

Details

Work Study, vol. 7 no. 12
Type: Research Article
ISSN: 0043-8022

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