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The Effective Exchange Rate Index KIX - Theory and Practice

Author

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  • Erlandsson, Mattias

    (National Institute of Economic Research)

  • Markowski, Alek

    (National Institute of Economic Research)

Abstract

The world trade patterns have changed over the recent years, and for Sweden many important trading partners have emerged. The National Institute of Economic Research has therefore compiled a new effective exchange rate of index for the Swedish krona, KIX. KIX is a chain-linked index that includes the currencies of 32 countries. The weight attached to each country is based on the patterns of international trade in manufactured goods and commodities. The index includes a number of emerging economies and gives in this way a more adequate definition of the effective exchange rate of the krona than the traditional indices. Furthermore, it allows for the changes in relative importance of Sweden´s trading partners. The calculation of KIX is now documented in a Working Paper: The Effective Exchange Rate Index KIX - Theory and Practise.

Suggested Citation

  • Erlandsson, Mattias & Markowski, Alek, 2006. "The Effective Exchange Rate Index KIX - Theory and Practice," Working Papers 95, National Institute of Economic Research.
    • Handle: RePEc:hhs:nierwp:0095
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    References listed on IDEAS

    as
    1. Thimann, Christian & Buldorini, Luca & Makrydakis, Stelios, 2002. "The effective exchange rates of the euro," Occasional Paper Series 2, European Central Bank.
    2. International Monetary Fund, 2005. "New Rates from New Weights," IMF Working Papers 2005/099, International Monetary Fund.
    3. Luca Buldorini & Stelios Makrydakis & Christian Thimann, 2002. "The effective exchange rates of the euro," Occasional Paper Series 02, European Central Bank.
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    Cited by:

    1. Andrea Fracasso & Stefano Schiavo, 2009. "Trade-imbalances networks and exchange rate adjustments: the paradox of a new Plaza. The XIVth Spring Meeting of Young Economists (SMYE-2009), Istanbul, April 2009," Post-Print hal-01053278, HAL.
    2. Unn Lindholm & Marcus Mossfeldt & Pär Stockhammar, 2020. "Forecasting inflation in Sweden," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(1), pages 39-68, April.
    3. repec:hal:spmain:info:hdl:2441/10028 is not listed on IDEAS
    4. Lucian Claudiu ANGHEL & Laurentiu-Mihai TREAPAT, 2015. "Main Economic Policies in order to Manage an Optimum Accession of Romania to the Euro Zone," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 3(1), pages 151-169, March.
    5. repec:hal:wpspec:info:hdl:2441/10028 is not listed on IDEAS
    6. repec:spo:wpecon:info:hdl:2441/10028 is not listed on IDEAS

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