The earlier methodological description of the dataset was published in:
The real effective exchange rate (REER), which measures the development of the real value of a country’s currency against the basket of the trading partners of the country, is a frequently used variable in both theoretical and applied economic research and policy analysis. It is used for a wide variety of purposes, such as assessing the equilibrium value of a currency, the change in price or cost competitiveness, the drivers of trade flows, or incentives for reallocation production between the tradable and the non-tradable sectors.
Due to the importance of the REER in economic research and policy analysis, several institutions, such as the World Bank, the Eurostat, the BIS, the OECD, just to name a few, publish various REER indicators which are freely downloadable. Altogether, these institutions publish data for 113 countries. The countries for which data is available include all advanced and several emerging and developing countries. However, these databases do not include many countries and some data is released with a delay.
It has two versions:
It also has two versions:
Source : Bruegel
Stablecoins compete with banks for households’ holdings of safe and liquid assets, while creating additional…
Stablecoins could make payments and remittances cheaper and faster, but policymakers worry they could also…
Proposed changes to the EU budget and how it is approved go too far in…
Imminent ECB Executive Board turnover is a chance to prioritise expertise in appointments, restore staggered…
The investment boom in artificial intelligence technologies has raised concerns about a potential bubble. This…
Europe is turning public procurement into an instrument of industrial policy. The Industrial Accelerator Act…