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Экономическая теория
Наименование:

Empirical Analysis of Monetary Policy in Ethiopia: 1965-2005. A Cointegrated VAR Approach

Формат:      Страниц 116
     мягкая обложка
Автор:
Abdulaziz S.    
Издательство:
Книга по Требованию    
Год:2011
Цена:
1878 руб
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However, the hypothesis that every nominal shock will ultimately result in a proportionate increase in the price level is rejected. Managing stable macroeconomic environment is a critical challenge to many developing countries. Longrun neutrality test results from bivariate SVAR models depend on identifying assumptions. The relationship among three important macro variables in the Ethiopian economy - GDP, price and money – is investigated. Moreover, money stock is found to have a significant effect on the longrun price level. The CVAR approach applied to the data suggests that the longrun path of output has been independent of the monetary shocks. The empirical estimates are based on data covering the period 1964-2005. This book tries to narrow the gap. The gap both in theoretical and empirical knowledge about macroeconomics in the context of developing countries only aggravated the problem. Shortrun dynamics matching the regularities in previous studies on developed countries are uncovered. Potential explanations are offered focusing on the structure of the Ethiopian economy. Impulse-response analysis is carried out to assess the dynamic impact of monetary shocks.
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Набор пробок для бутылок "Аристократ".
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Раздел: Аксессуары для вина

Мальдивская Республика
Территория: государство в Индийском океане, расположенное на Мальдивских островах (около 1500 коралловых островов), из которых постоянно обитаемы 200. Общая площадь — около 300 кв. км. Население — 349,1 тыс. чел. (2005 г.), росло в 90-е гг. среднегодовыми темпами 2,6%, состоит из потомков переселившихся на острова индийцев, сингальцев, арабов и черных африканцев. Официальный язык — девехи (индо-арабская группа). Исповедуют преимущественно ислам. Ожидаемая продолжительность жизни ~ 69 лет (2001 г.), грамотность среди взрослых — 97% (1999 г.). Государственное устройство: республика, провозгласившая независимость от Великобритании в июле 1965 г. Глава государства — президент — одновременно возглавляет правительство которое назначается сроком на 5 лет парламентом после одобрения на общенациональном референдуме. В однопалатный парламент (Маджлис) из 50 депутатов 42 избираются прямым голосованием, а 8 — назначаются президентом. Административно делится на 19 атоллов, столица — г. Мале. Экономика. Объем ВВП по ППС в 2000 г. составил 1,3 млрд долл. (4880 долл. на душу населения). Денежная единица — ру-фия, имеющая фиксированный с 1995 г. курс: 11,7 руфии к 1 доллару США.


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