BORA - UiB

Bergen Open Research Archive

Estimating fundamental equilibrium exchange rates: how related are these rates to the actual exchange rate changes during the last decade?

Bergen Open Research Archive

Show simple item record

dc.contributor.author Bårdsgjerde, Torkil eng
dc.date.accessioned 2012-03-13T09:22:58Z
dc.date.available 2012-03-13T09:22:58Z
dc.date.issued 2011-11-30 eng
dc.date.submitted 2011-11-30 eng
dc.identifier.uri http://hdl.handle.net/1956/5707
dc.description.abstract This thesis will estimate fundamental equilibrium exchange rates (FEERs) for a set of currencies during the last decade, using a five-country framework. The aim is to see if the results from FEER estimation can explain medium-term real and nominal exchange rate changes. I start off by defining the concept of the FEER, and proceed to explain the underlying mechanisms at play. The framework of the model is then presented, along with my application of the model. I will then present the results from my analysis, both in real and nominal terms. The results are followed by an analysis of the problems encountered while using the model. The result of the USD/CNY rate is then compared with other similar studies. My results show that FEER estimation provides a good indicator for two of the three bilateral relationships I have studied in the medium term. en
dc.format.extent 2743182 bytes eng
dc.format.mimetype application/pdf eng
dc.language.iso eng eng
dc.publisher The University of Bergen eng
dc.subject FEER eng
dc.subject 2000-2010 eng
dc.subject Torkil Bårdsgjerde eng
dc.subject Fundamental equilibrium exchange rate eng
dc.title Estimating fundamental equilibrium exchange rates: how related are these rates to the actual exchange rate changes during the last decade? eng
dc.type Master thesis eng
dc.type.degree Master nob
dc.type.course ECON390 eng
dc.subject.nsi VDP::Social science: 200::Economics: 210 eng
dc.subject.archivecode Mastergrad eng
dc.subject.nus 734103 eng
dc.type.program MASV-SØK eng


Files in this item

 

This item appears in the following Collection(s)

Show simple item record

Search BORA


Browse

My Account