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The External Balance Assessment (EBA) Methodology

Listed author(s):
  • Steven T Phillips
  • Luis Catão
  • Luca A Ricci
  • Rudolfs Bems
  • Mitali Das
  • Julian Di Giovanni
  • Filiz D Unsal
  • Marola Castillo
  • Jungjin Lee
  • Jair Rodriguez
  • Mauricio Vargas

The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally consistent manner. Compared to other approaches, EBA emphasizes distinguishing between the positive empirical analysis and the normative assessment of current accounts and exchange rates, and highlights the roles of policies and policy distortions. This paper provides a comprehensive description and discussion of the 2013 version (“2.0”) of the EBA methodology, including areas for its further development.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 13/272.

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Length: 68
Date of creation: 31 Dec 2013
Handle: RePEc:imf:imfwpa:13/272
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