Arbeitspapier

Reale effektive ligevægtsvalutakurser for Danmark

This paper sets out by looking at the purchasing power parity theory applied on Denmark, using real effective exchange rate measures published by Danmarks Nationalbank. Following this, two commonly used methods of determining equilibrium exchange rates are examined. First, a model of time-varying equilibrium exchange rates is explored, whereby the development of real effective exchange rates is sought explained by a number of variables. Secondly, the so-called macroeconomic balance approach, which has often been used by the IMF, is examined. Overall, it is found that the real effective exchange rate for Denmark is not far from equilibrium, even though the real effective exchange rate of the krone has strengthened over the past 25 years.

Sprache
Dänisch

Erschienen in
Series: Danmarks Nationalbank Working Papers ; No. 58

Klassifikation
Wirtschaft
Thema
Kaufkraftparität
Wechselkurspolitik
Dänemark

Ereignis
Geistige Schöpfung
(wer)
Sørensen, Søren Vester
Ereignis
Veröffentlichung
(wer)
Danmarks Nationalbank
(wo)
Copenhagen
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sørensen, Søren Vester
  • Danmarks Nationalbank

Entstanden

  • 2008

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