Search Results - subject:"Foreign exchange constraint"

Foreign exchange constraints and macroeconomic dynamics in a small open economy

SENBETA, Sisay Regassa - Faculteit Toegepaste Economische Wetenschappen, … - 2013

Firms in most low-income countries depend almost entirely on imported capital and intermediate inputs. As a result, the availability and cost of foreign exchange play a crucial role on the macroeconomic performance of these countries. In this study we introduce foreign exchange constraints that...

Persistent link: https://www.econbiz.de/10010710032

A small open economy New Keynesian model for a foreign exchange constrained economy

Senbeta, Sisay - Volkswirtschaftliche Fakultät, … - 2011

Firms in many low income countries depend entirely on imported capital and intermediate inputs. As a result, in these countries economic activity is considerably influenced by the capacity of the economy to import these inputs which, in turn, depends on the availability and cost of foreign...

Persistent link: https://www.econbiz.de/10008924815

A small open economy new Keynesian DSGE model for a foreign exchange constrained economy

SENBETA, Sisay Regassa - Faculteit Toegepaste Economische Wetenschappen, … - 2011

most of the variables though the model with foreign exchange constraint generates more variability in most of the variables … than the standard model. This behaviour of the model with foreign exchange constraint is consistent with the stylized facts …

Persistent link: https://www.econbiz.de/10009021648

Estimating Import-Demand Function in ARDL Framework

Rashid, Abdul; Razzaq, Tayyaba - 2010

We develop a structural econometric model of import demand for Pakistan, with binding foreign exchange constraint. ARDL … with correct sign, confirms the presence of a binding foreign exchange constraint on aggregate import demand, particularly …

Persistent link: https://www.econbiz.de/10011496118