Politica monetaria e shock macroeconomici by Zerayehu Sime Eshete
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Politica monetaria e shock macroeconomici

Politica monetaria e shock macroeconomici


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About the Book

Lo studio ha esaminato le risposte della Banca centrale dell'Etiopia agli shock macroeconomici. Gli shock macroeconomici in Etiopia (fino al 2005) provenivano principalmente da fenomeni non monetari di siccità ricorrente, piogge irregolari e stabilità politica. Per affrontare gli shock derivati ​​dagli aggregati monetari e non monetari, la Banca ha implementato una combinazione di politiche monetarie accomodanti e di stabilizzazione.I coefficienti di equilibrio dei termini di errore nel modello suggeriscono che la velocità dell'effetto di aggiustamento / feedback verso l'equilibrio di lungo periodo Sono necessari molti anni per un completo aggiustamento quando si verifica un unico shock nel sistema, indicando l'esistenza di una struttura con ritardi più lunghi e di settori finanziari sottosviluppati che hanno ostacolato l'efficacia della politica monetaria. Il coefficiente di sterilizzazione ha rivelato attività di sterilizzazione incomplete mentre il coefficiente di offset ci indica un massimo grado di controllo monetario con un basso grado di mobilità del capitale. Inoltre, l'inesistenza di un mercato secondario ben sviluppato, la mancanza di libertà per impegnarsi in attività discrezionali e la parte non monetizzata dell'economia hanno messo una sfida scoraggiante alla politica monetaria.


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Product Details
  • ISBN-13: 9786202766531
  • Publisher: KS Omniscriptum Publishing
  • Publisher Imprint: Edizioni Sapienza
  • Height: 229 mm
  • No of Pages: 80
  • Spine Width: 5 mm
  • Width: 152 mm
  • ISBN-10: 6202766530
  • Publisher Date: 09 Mar 2021
  • Binding: Paperback
  • Language: Italian
  • Returnable: N
  • Weight: 177 gr


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