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The equilibrium real exchange rate for Israel

In: Capital flows, commodity price movements and foreign exchange intervention

Author

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  • Zvi Eckstein

    (Bank of Israel)

  • Amit Friedman

    (Bank of Israel)

Abstract

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Suggested Citation

  • Zvi Eckstein & Amit Friedman, 2011. "The equilibrium real exchange rate for Israel," BIS Papers chapters, in: Bank for International Settlements (ed.), Capital flows, commodity price movements and foreign exchange intervention, volume 57, pages 201-213, Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:57-14
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    File URL: http://www.bis.org/publ/bppdf/bispap57n.pdf
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    References listed on IDEAS

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    1. Mr. Stephen Tokarick, 2010. "A Method for Calculating Export Supply and Import Demand Elasticities," IMF Working Papers 2010/180, International Monetary Fund.
    2. Maurice Obstfeld & Kenneth S. Rogoff, 1996. "Foundations of International Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262150476, December.
    3. Nikolina Kosteletou & Panagiotis Liargovas, 2000. "Foreign Direct Investment and Real Exchange Rate Interlinkages," Open Economies Review, Springer, vol. 11(2), pages 135-148, April.
    4. Alvaro Aguirre & César Calderón, 2005. "Real Exchange Rate Misalignments and Economic Performance," Working Papers Central Bank of Chile 316, Central Bank of Chile.
    5. Sellin, Peter, 2007. "Using a New Open Economy Macroeconomics model to make real nominal exchange rate forecasts," Working Paper Series 213, Sveriges Riksbank (Central Bank of Sweden).
    6. Rebecca L Driver & Peter F Westaway, 2005. "Concepts of equilibrium exchange rates," Bank of England working papers 248, Bank of England.
    7. Martin Berka & Michael B. Devereux, 2010. "What determines European real exchange rates?," Globalization Institute Working Papers 46, Federal Reserve Bank of Dallas.
    8. Andrew K. Rose & Saktiandi Supaat & Jacob Braude, 2009. "Fertility and the real exchange rate," Canadian Journal of Economics, Canadian Economics Association, vol. 42(2), pages 496-518, May.
    9. Karnit Flug & Michel Strawczynski, 2007. "Persistent Growth Episodes and Macroeconomic Policy Performance in Israel," Bank of Israel Working Papers 2007.08, Bank of Israel.
    10. Barry Eichengreen, 2008. "The Real Exchange Rate and Economic Growth," World Bank Publications - Books, The World Bank Group, number 28013, December.
    11. Avihay Sorezcky, 2010. "Did the Bank of Israel Influence the Exchange Rate?," Bank of Israel Working Papers 2010.10, Bank of Israel.
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    Cited by:

    1. Itamar Caspi & Amit Friedman & Sigal Ribon, 2022. "The Immediate Impact and Persistent Effect of FX Purchases on the Exchange Rate," International Journal of Central Banking, International Journal of Central Banking, vol. 18(5), pages 1-31, December.
    2. Karnit Flug & Amir Shpitzer, 2013. "Rethinking exchange rate policy in a small open economy: the Israeli experience during the great recession," BIS Papers chapters, in: Bank for International Settlements (ed.), Sovereign risk: a world without risk-free assets?, volume 73, pages 189-204, Bank for International Settlements.
    3. Wright, Nicholas Anthony, 2013. "Examining measures of the equilibrium Real Exchange Rate: Macroeconomic Balance and the Natural Real Exchange Rate Approaches," MPRA Paper 61170, University Library of Munich, Germany.
    4. Razek, Noha H.A. & McQuinn, Brian, 2021. "Saudi Arabia's currency misalignment and international competitiveness, accounting for geopolitical risks and the super-contango oil market," Resources Policy, Elsevier, vol. 72(C).

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