The External Balance Assessment (EBA) Methodology

By S. Phillips, Luís A. V. Catão, Luca A Ricci, Rudolfs Bems, M. Das, J. D. Giovanni, D. Unsal, Marola A. Castillo, Jungjin Lee, Jair Rodriguez and 1 more. Social Science Research Network, 2013

116 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2d88eb9044b81bcf9c6296982ac42de51bfb9bae

Citations in the corpus

• Real Exchange Rate Misalignments in the Euro Area (2020, unknown): “The latter may have an effect on RERs since higher trade barriers and lower openness to trade lead to a rise in domestically produced goods’ prices and thereby to an appreciation (Goldfajn and Valdes 1999; Ricci et al. 2013).”