New Zealand : Selected Issues.

This paper assesses the impact of a disruption to capital inflows by examining past episodes of capital inflows in New Zealand and other countries. It also reviews the IMF's Global Economy Model (GEM), which is used to provide some estimates of the equilibrium relationship between New Zealand&#...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Staff Country Reports; Country Report ; No. 2008/164
Accès en ligne:Full text available on IMF
Description
Résumé:This paper assesses the impact of a disruption to capital inflows by examining past episodes of capital inflows in New Zealand and other countries. It also reviews the IMF's Global Economy Model (GEM), which is used to provide some estimates of the equilibrium relationship between New Zealand's real effective exchange rate and real commodity prices. The analysis also suggests that permanent changes in non-energy commodity prices can have a significant impact on New Zealand's equilibrium exchange rate.
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Description matérielle:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students