Browsing by Author | މުސައްނިފުން "އަޒީމާ އާދަމް"

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    Changing dynamics in the Maldivian tourism Industry : Chinese tourists and average length of stay
    (Maldives Monetary Authority, 2014-06) Adam, Azeema; އަޒީމާ އާދަމް; Nizar, Aishath Zara; އާއިޝަތު ޒާރާ ނިޒާރު
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    Inflation dynamics in the Maldives : research and policy notes
    (Maldives Monetary Authority, 2014-06) Adam, Azeema; އަޒީމާ އާދަމް
    The paper examines the factors that drive inflation in the Maldives, with a focus on the relationship between the exchange rate and inflation. Using cointegration and error correction techniques on monthly data from January 1990 to December 2010, the results show that the exchange rate pass through is extremely high in the long run. The long run analysis also demonstrated the neutrality of money in the sense that an increase in money supply leads to an almost proportionate increase in the price level over time. While some degree of price stickiness was found to exist in the short run, the results support the theory of absolute Purchasing Power Parity in the longer run.
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    Research policy notes (RPN 1-15) : dollarization in the Maldives
    (Maldives Monetary Authority, 2015-12) Adam, Azeema; އަޒީމާ އާދަމް
    This paper aims to evaluate the degree of dollarization in the Maldivian economy. Utilizing three measures identified from the literature on the subject, dollarization ratios have been constructed to assess the degrees of deposit and credit dollarization, prevalent in the local economy. To this end, data on the currency composition of deposits held at and credit extended by the commercial banks in the Maldives from 1990 to November 2015 (obtained from the Maldives Monetary Authority), have been scrutinised to study dollarization trends over the 25 year period. Further, the paper will explore the causes and reasons for the high degree of dollarization, and posit explanations for the identified trends.