Determination of Equilibrium Real Exchange Rate in Selected SEACEN Countries

Dr. Song Ouk-Heon and Vincent Lim

in Staff Papers from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: The objectives of this project are: to investigate determinant factors influencing the real exchange rate fluctuations; to measure the real exchange rate deviation from the equilibrium; and to provide some guidance for policymakers in implementing exchange rate policy. For the empirical study, five countries out of the eleven SEACEN countries were picked: Indonesia, Korea, Malaysia, the Philippines and Thailand. These countries experienced the recent Asian financial crisis.

Date: 2002
ISBN: 983-9478-24-9
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Persistent link: https://EconPapers.repec.org/RePEc:sea:spaper:sp66

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