Bericht

The effective exchange rates of the euro

This paper details the methodological framework underlying the construction of the effective exchange rate (EER) indicators of the euro. This framework yields two sets of indicators - (i) one nominal and several real EER indices against a narrow reference group of euro area trading partners based on different price and cost deflators; and (ii) a nominal and a real EER index against a broad reference group of countries based on consumer prices. The narrow group consists of 12 industrial and newly industrialised euro area partner countries, while the broad group is made up of 38 trading partners including emerging market economies and economies in transition. In addition the paper computes national competitiveness indicators for the individual euro area participating countries. Finally, recent developments in the international price and cost competitiveness of the euro area as well as of euro area countries are briefly discussed on the basis of the constructed indices.

Sprache
Englisch

Erschienen in
Series: ECB Occasional Paper ; No. 2

Klassifikation
Wirtschaft
Thema
Euro
Wechselkurs
Kaufkraftparität
Eurozone
EU-Staaten

Ereignis
Geistige Schöpfung
(wer)
Buldorini, Luca
Makrydakis, Stelios
Thimann, Christian
Ereignis
Veröffentlichung
(wer)
European Central Bank (ECB)
(wo)
Frankfurt a. M.
(wann)
2002

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

  • Bericht

Beteiligte

  • Buldorini, Luca
  • Makrydakis, Stelios
  • Thimann, Christian
  • European Central Bank (ECB)

Entstanden

  • 2002

Ähnliche Objekte (12)