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dc.contributor.advisorBaxa, Jaromír
dc.creatorJehar, Mustofa Seid
dc.date.accessioned2017-05-07T00:51:30Z
dc.date.available2017-05-07T00:51:30Z
dc.date.issued2012
dc.identifier.urihttp://hdl.handle.net/20.500.11956/41430
dc.description.abstractThis paper tries to assess the Ethiopian monetary policy, in order to investigate the prospect of inflation targeting. The paper starts by reviewing the literature on the evolution of Ethiopian monetary policy and Macroeconomy. This is followed, by the requirements of adopting inflation targeting and the practical experience of inflation targeting countries; finally the paper focuses on the requirement to have a stable and persistent relationship between the policy instrument and price level. Vector auto regression model with some monetary policy instrument and macroeconomic variables was used. To explore different transmission mechanism i have analyzed the Granger causality, impulse response, and Variance decomposition. Result showed that, there is a weak relationship among prices, interest rate and exchange rate channel. The paper, therefore, recommended it is not the right time to adopt the full-fledged inflation targeting. Rather, better try to adopt inflation targeting as an implicit policy.en_US
dc.languageEnglishcs_CZ
dc.language.isoen_US
dc.publisherUniverzita Karlova, Fakulta sociálních vědcs_CZ
dc.subjectdeveloping countriescs_CZ
dc.subjectmonetary policycs_CZ
dc.subjectinflationcs_CZ
dc.subjectdeveloping countriesen_US
dc.subjectmonetary policyen_US
dc.subjectinflationen_US
dc.titleAssesment of Ethiopian Monetary Policy: The Prospect of Inflation Targeting Using Monetary Varen_US
dc.typediplomová prácecs_CZ
dcterms.created2012
dcterms.dateAccepted2012-09-13
dc.description.departmentInstitute of Economic Studiesen_US
dc.description.departmentInstitut ekonomických studiícs_CZ
dc.description.facultyFaculty of Social Sciencesen_US
dc.description.facultyFakulta sociálních vědcs_CZ
dc.identifier.repId111016
dc.contributor.refereeŠolc, Jan
dc.identifier.aleph001507935
thesis.degree.nameMgr.
thesis.degree.levelnavazující magisterskécs_CZ
thesis.degree.disciplineEconomics and Financeen_US
thesis.degree.disciplineEkonomie a financecs_CZ
thesis.degree.programEconomicsen_US
thesis.degree.programEkonomické teoriecs_CZ
uk.faculty-name.csFakulta sociálních vědcs_CZ
uk.faculty-name.enFaculty of Social Sciencesen_US
uk.faculty-abbr.csFSVcs_CZ
uk.degree-discipline.csEkonomie a financecs_CZ
uk.degree-discipline.enEconomics and Financeen_US
uk.degree-program.csEkonomické teoriecs_CZ
uk.degree-program.enEconomicsen_US
thesis.grade.csVelmi dobřecs_CZ
thesis.grade.enVery gooden_US
uk.abstract.enThis paper tries to assess the Ethiopian monetary policy, in order to investigate the prospect of inflation targeting. The paper starts by reviewing the literature on the evolution of Ethiopian monetary policy and Macroeconomy. This is followed, by the requirements of adopting inflation targeting and the practical experience of inflation targeting countries; finally the paper focuses on the requirement to have a stable and persistent relationship between the policy instrument and price level. Vector auto regression model with some monetary policy instrument and macroeconomic variables was used. To explore different transmission mechanism i have analyzed the Granger causality, impulse response, and Variance decomposition. Result showed that, there is a weak relationship among prices, interest rate and exchange rate channel. The paper, therefore, recommended it is not the right time to adopt the full-fledged inflation targeting. Rather, better try to adopt inflation targeting as an implicit policy.en_US
uk.publication.placePrahacs_CZ
uk.grantorUniverzita Karlova, Fakulta sociálních věd, Institut ekonomických studiícs_CZ


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