LEADER 01189nam 2200409 450 001 9910792653003321 005 20200520144314.0 010 $a1-68108-383-3 035 $a(CKB)3710000001009164 035 $a(MiAaPQ)EBC4784108 035 $a(Au-PeEL)EBL4784108 035 $a(CaPaEBR)ebr11329286 035 $a(OCoLC)971364359 035 $a(EXLCZ)993710000001009164 100 $a20170124h20162016 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aEconomic periodontal and implant dentistry /$fRainer Buchmann 210 1$a[Sharjah, United Arab Emirates] :$cBentham eBook,$d2016. 210 4$d2016 215 $a1 online resource (519 pages) 311 $a1-68108-384-1 320 $aIncludes bibliographical references and index. 606 $aPeriodontis$xPrevention 615 0$aPeriodontis$xPrevention. 676 $a617.632 700 $aBuchmann$b Rainer$01530641 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910792653003321 996 $aEconomic periodontal and implant dentistry$93775828 997 $aUNINA LEADER 05261oam 22011414 450 001 9910955021003321 005 20251116183932.0 010 $a9786613827401 010 $a9781462325573 010 $a1462325572 010 $a9781452757193 010 $a1452757194 010 $a9781283514958 010 $a1283514958 010 $a9781451910223 010 $a1451910223 035 $a(CKB)3360000000443668 035 $a(EBL)1608469 035 $a(SSID)ssj0000948699 035 $a(PQKBManifestationID)11602671 035 $a(PQKBTitleCode)TC0000948699 035 $a(PQKBWorkID)10950171 035 $a(PQKB)11651066 035 $a(OCoLC)535146981 035 $a(IMF)WPIEE2007005 035 $a(MiAaPQ)EBC1608469 035 $a(IMF)WPIEA2007005 035 $aWPIEA2007005 035 $a(EXLCZ)993360000000443668 100 $a20020129d2007 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aYemen : $eExchange Rate Policy in the Face of Dwindling Oil Exports /$fTodd Schneider, Nabil Ben Ltaifa, Faisal Ahmed, Saade Chami 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2007. 215 $a1 online resource (24 p.) 225 1 $aIMF Working Papers 300 $a"January 2007." 311 08$a9781451865691 311 08$a1451865694 320 $aIncludes bibliographical references (p. 21-22). 327 $aContents; I. Introduction; II. Background and Macroeconomic Outlook; Figures; 1. Exchange Rate and Inflation Developments, January 1998-June 2006; III. Estimating the Equilibrium Exchange Rate; 2. Yemen and GCC Countries, Real Effective Exchange Rates, January 1995-June 2006; IV. Equilibrium Exchange Rate in Yemen; A. Data and variables; 3. Real Effective Exchange Rate and its Key Determinants; B. Methodology; C. Econometric Results; Tables; 1. Selected Results of the VEC; D. Equilibrium (long-run) Relationship; E. Impact of Declining Oil Production on the REER 327 $aF. Impact on the Nominal Exchange Rate: An Illustrative ExerciseV. Exchange Rate Regime Options; 4. Yemeni Rial-Daily Exchange Rate Versus U.S. Dollar, January-August 2006; VI. Conclusions; Appendix; 1. Variables; References 330 3 $aThis paper investigates the likely implications of declining oil production on Yemen's equilibrium exchange rate, and discusses policy options to ensure a smooth transition to a nonoil economy. The empirical results suggest that, as oil production and foreign exchange earnings fall, the Yemeni rial will have to adjust downward in real effective terms to keep pace with the equilibrium exchange rate. In light of strong pass-through from exchange rate depreciation to domestic inflation, this could entail a substantial depreciation in nominal terms. Given the nature of the adjustment, a floating exchange rate regime appears to be the best option, if supported by appropriate macroeconomic policies. However, given public fixation on a exchange rate stability, a softly managed float would be a better option for Yemen whereby the central bank may have to lead the market toward the equilibrium exchange rate. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2007/005 517 3 $aExchange rate policy in the face of dwindling oil exports 606 $aForeign exchange rates$zYemen (Republic) 606 $aPetroleum industry and trade$zYemen (Republic) 606 $aExports$zYemen (Republic) 606 $aCentral Banks and Their Policies$2imf 606 $aCurrency$2imf 606 $aExchange rate arrangements$2imf 606 $aExchange rates$2imf 606 $aForeign Exchange$2imf 606 $aForeign exchange$2imf 606 $aIndustries: Energy$2imf 606 $aMacroeconomics: Production$2imf 606 $aMonetary Policy$2imf 606 $aOil production$2imf 606 $aPetroleum industry and trade$2imf 606 $aPetroleum, oil & gas industries$2imf 606 $aProduction$2imf 606 $aReal effective exchange rates$2imf 606 $aReal exchange rates$2imf 607 $aYemen, Republic of$2imf 615 0$aForeign exchange rates 615 0$aPetroleum industry and trade 615 0$aExports 615 7$aCentral Banks and Their Policies 615 7$aCurrency 615 7$aExchange rate arrangements 615 7$aExchange rates 615 7$aForeign Exchange 615 7$aForeign exchange 615 7$aIndustries: Energy 615 7$aMacroeconomics: Production 615 7$aMonetary Policy 615 7$aOil production 615 7$aPetroleum industry and trade 615 7$aPetroleum, oil & gas industries 615 7$aProduction 615 7$aReal effective exchange rates 615 7$aReal exchange rates 676 $a339.4 676 $a339.43 700 $aSchneider$b Todd$01815863 701 $aAhmed$b Faisal$01816643 701 $aBen Ltaifa$b Nabil$01815861 701 $aChami$b Saade$01815862 712 02$aInternational Monetary Fund.$bMiddle East and Central Asia Department. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910955021003321 996 $aYemen$94372895 997 $aUNINA