Showing 1 - 10 of 42
The role played by the banking sector in financing the economy in Morocco, following the reforms in the 1990s to … decomposition of forecasting error on quarterly data from 1994 to 2010. Our results suggest an important role to consider the … economy in Morocco. …
Persistent link: https://www.econbiz.de/10010902535
In the context of international financial crisis, this paper aims to analyze the impact of liquidity level on effectiveness of monetary policy transmission of the Moroccan central bank (Bank Al Maghrib, BAM). After a long period of liquidity excess, the Moroccan banking system through, since...
Persistent link: https://www.econbiz.de/10010902649
Moroccan agriculture into the economy, that led to the conception and the implementation of green morocco plan, we have to …
Persistent link: https://www.econbiz.de/10010902755
Like the central banks of developed countries, the central bank of Morocco (Bank Al-Maghrib, BAM) has since the 1990s …, simple and augmented by the monetary aggregate M1, with and without smoothing, over the period 1995-2008. Our results do not … support the use by the central bank of Morocco such a rule. …
Persistent link: https://www.econbiz.de/10010902807
The objective of this paper is to add to the the criticisms of the "macro-Mincer" approach by emphasizing two important theoretical points, not addressed so far in the literature. First, we show that the "macro-Mincer" relationship between aggregate human capital and average years of schooling...
Persistent link: https://www.econbiz.de/10010886610
capital accumulation and low technological capabilities. For developing countries, GDP, GDP growth or the per capita versions …Most of the currently existing endogenous growth models were developed within and for industrial countries, i.e. for a … Reports. A growth model for developing countries should therefore put special emphasis on these non-monetary issues of …
Persistent link: https://www.econbiz.de/10010886617
We apply Bayesian Model Averaging procedures to a dataset on growth to estimate the output gap caused by the recent …
Persistent link: https://www.econbiz.de/10010886628
Regional GDP is a key indicator in the assessment of the economic performance of the Belgian regions. But for assessing … since 1985 and the level of regional per inhabitant GDP and household disposable income for the Belgian regions are …) about the future evolution of regional GDP and disposable income are also considered.One example is a big difference in the …
Persistent link: https://www.econbiz.de/10010886655
This study investigates the impact of stock market development on economic growth in China. To this end, the quarterly … capitalization, and economic growth is negative. This result is consistent with Harris’ (1997) finding that the stock market … development generally does not contribute positively to economic growth in developing countries if the stock market is mainly an …
Persistent link: https://www.econbiz.de/10010886702
Product variety has played a central role in models of trade and growth. Classical trade theory postulates that the … to endogenous growth models, which often assume that a larger set of intermediate inputs increases productivity and … growth. The idea that countries can gain from international trade by getting ascces to a larger set of new products or new …
Persistent link: https://www.econbiz.de/10010886716