01911cas a2200277 a 4500 AALejournalIMF017033 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475523973 1018-5941 BD-DhAAL BD-DhAAL Gottschalk, Jan. The Real Exchange Rate : Assessment and Trade Impact in the Context of Fiji and Samoa / Jan Gottschalk, Carl Miller, Lanieta Rauqeuqe, Isoa Wainiqolo. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (31 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 This paper provides an assessment of real exchange rate measures and their impact on trade performance with special reference to two Pacific island countries, Fiji and Samoa. The analysis shows that the commonly used CPI-based real effective exchange rate (REER) measure provides a useful starting point of assessment, but alternative measures based on other price and cost indices should be used to check the robustness of the results, particularly given the large impact of global commodity prices on small open economies. The paper also offers some illustrations of how to quantify the impact of exchange rate movements on trade, especially in the face of data constraints in small open economies. Mode of access: Internet Miller, Carl. Rauqeuqe, Lanieta. Wainiqolo, Isoa. IMF Working Papers; Working Paper ; No. 2016/168 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/168/001.2016.issue-168-en.xml IMF e-Library