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This paper assesses the possible impact of a Euro-Mediterranean Agreement (EMA) on Egypt and Jordan and identifies …
Persistent link: https://www.econbiz.de/10005791725
This paper is based on presentation given at the June 2011 Conference of the Centre for Growth and Business Cycle Research at the University of Manchester. It reviews key features of the 2007-08 financial crisis, the subsequent 'great recession' and the European public debt problems; in the...
Persistent link: https://www.econbiz.de/10011083899
This paper uses a model with a continuum of equilibrium unemployment rates to explore the effectiveness of fiscal … situation of bilateral monopoly. Using this framework, I explain the current financial crisis as a shift to a high unemployment …
Persistent link: https://www.econbiz.de/10008567800
percent of GDP generates output and unemployment multipliers respectively of about 1.2 per cent (at one year) and 0 … output multiplier whereas it can produce a realistic unemployment multiplier but only under a special parameterization …. Extending the model to strengthen the complementarity in preferences, to include unemployment benefits, real wage rigidity and …
Persistent link: https://www.econbiz.de/10008468570
This paper studies, in a model with unemployment, how labour market status affects the preferences for public spending … that high unemployment may destroy the existence of a voting equilibrium. …
Persistent link: https://www.econbiz.de/10005114483
natural rate of unemployment. In addition, because of differential inflation across countries, real exchange rates become …
Persistent link: https://www.econbiz.de/10005666792
East, with special emphasis to the case of Egypt. It has been noted that high inequality might have contributed to the Arab … income shares in a country like Egypt(or in other Middle East countries). One would need reliable fiscal sources in order to … make a precise comparison with other emerging or developed countries. Unfortunately, such sources are lacking in most of …
Persistent link: https://www.econbiz.de/10011171781
Muhammad Ali, who ruled Egypt between 1805 and 1849, intervened in Egyptian markets in an attempt to foster … Egyptian history than from other poor countries at that time since Egypt faced the same terms of trade boom typical of most …
Persistent link: https://www.econbiz.de/10011083712
conduct a randomized experiment in post-revolution Egypt to measure the impact of insuring microenterprises against …
Persistent link: https://www.econbiz.de/10011084029
Egypt needs to diversify exports further in order to emerge from its isolation and to draw the maximum advantage from …
Persistent link: https://www.econbiz.de/10005791201