01803cas a2200241 a 4500 AALejournalIMF005723 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872286 1018-5941 BD-DhAAL BD-DhAAL Enders, Klaus-Stefan. Exchange Rate Assessment for Oil Exporters / Klaus-Stefan Enders. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (21 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students While the underlying methodologies continue to be widely debated and refined, there is little consensus on how to assess the equilibrium exchange rate of economies dominated by production of finite natural resources such as the oil economies of the Middle East. In part this is due to the importance of intertemporal aspects (as the real exchange rate may affect the optimal/equitable rate of transformation of finite resource wealth into financial assets), as well as risk considerations given the relatively high volatility of commodity prices. The paper illustrates some important peculiarities of the exchange rate assessment for such natural resource producers by working through a simple two-period model that captures certain key aspects of many resource economies. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2009/081 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/081/001.2009.issue-081-en.xml IMF e-Library