Evaluating Historical CGER Assessments : How Well Have They Predicted Subsequent Exchange Rate Movements? »
Series: IMF Working Papers
Author(s): Jungjin Lee , Abdul Abiad , and Prakash Kannan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2009
Keywords: misalignment, exchange rate, statistic, prediction, real exchange rate,
The IMF's Consultative Group on Exchange Rate issues (CGER) has been conducting exchange rate assessments as part of the surveillance process since 1997. This paper evaluates CGER assessments from 1997 to 2006, by...