tag:blogger.com,1999:blog-6297413898275266606.post7814340248130854681..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: MYR Nominal and Real Effective Exchange Rate Indexeshishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6297413898275266606.post-87325737508748939082016-05-01T05:25:42.408+08:002016-05-01T05:25:42.408+08:00great effort thanks for the postgreat effort thanks for the postCurrency Converterhttp://www.currency-converter.club/noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-60109981547017187192016-02-26T17:26:54.523+08:002016-02-26T17:26:54.523+08:00Oh, and please don't call me sirOh, and please don't call me sirhishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-66647760051364723612016-02-26T17:25:13.347+08:002016-02-26T17:25:13.347+08:00@Reader
It's not really my field, so you'...@Reader<br /><br />It's not really my field, so you'd probably know better than I. However, other attempts at measuring prices (e.g. <a href="http://bpp.mit.edu/" rel="nofollow">the Billion Prices Project</a>, Retail Price Indexes, Personal Consumption Deflators etc) suggest that the CPI isn't all that wrong.<br /><br />Take for example the massive deflationary impact that China has hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-80712664978611040942016-02-26T16:54:19.712+08:002016-02-26T16:54:19.712+08:00Dear Sir, is the Hedonic method relevant here? My ...Dear Sir, is the Hedonic method relevant here? My thesis was on Hedonic pricing of PC's. Yes on a quality adjusted basis, it has improved as in the case of PC speed etc, it has become standard du jour. <br /><br />But is the hedonic method the right reference?<br />Readerhttps://www.blogger.com/profile/11134342762503427169noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-45333169372641401982016-02-26T15:36:38.522+08:002016-02-26T15:36:38.522+08:00@Reader
Yes and no. Remember that the nominal exc...@Reader<br /><br />Yes and no. Remember that the nominal exchange rates are deflated by the CPIs of each currency pair, not the home currency alone. If both understate inflation, there should be minimal distortion. If only one is out of sync, then the measurement distortion would be greater.<br /><br />However, if you look at the literature on CPIs, it is far more likely to overstate, not hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-14612342239365930182016-02-26T11:03:40.417+08:002016-02-26T11:03:40.417+08:00TQ Sir. What if CPI is understated, will it distor...TQ Sir. What if CPI is understated, will it distort the MYR REER? Again, many thanks Sir.Readerhttps://www.blogger.com/profile/11134342762503427169noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-19451110634848266162016-02-15T13:18:16.881+08:002016-02-15T13:18:16.881+08:00May Allah bless your great effort, sir.May Allah bless your great effort, sir.Group 8https://www.blogger.com/profile/00896095858032211954noreply@blogger.com