Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10009419782
Persistent link: https://www.econbiz.de/10009487101
This paper examines monetary transmission in Jordan using the vector autoregressive approach. We find that the real 3 …
Persistent link: https://www.econbiz.de/10014400613
Jordan has seen a large increase in its international reserve holdings in recent years. While a healthy reserve buffer …, we first use several traditional measures of reserves adequacy to compare Jordan''s reserve holdings with other emerging … market (EM) countries. Subsequently, we analyze Jordan''s reserve holdings using a reserves-optimizing model, based on Jeanne …
Persistent link: https://www.econbiz.de/10014400903
Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing …
Persistent link: https://www.econbiz.de/10014401130
leading indicators for a small open economy, Jordan. The results show that, even with limited monthly observations, it is …
Persistent link: https://www.econbiz.de/10014401276
This paper analyzes the determinants of daily changes in Jordan''s interbank market overnight rate. It not only …
Persistent link: https://www.econbiz.de/10014402366
The Central Bank of Jordan (CBJ) and its operational independence changed over time in line with the evolution of the … the issue of the autonomy of monetary policy in Jordan given the influence of world interest rates. Although, Jordan … rates. VAR and VECM results suggest that the response of the policy rate in Jordan to innovations in the US Federal Fund …
Persistent link: https://www.econbiz.de/10014402382
This paper presents and estimates a small open economy dynamic stochastic general-equilibrium model (DSGE) for the Jordanian economy. The model features nominal and real rigidities, imperfect competition and habit formation in the consumer’s utility function. Oil imports are explicitly modeled...
Persistent link: https://www.econbiz.de/10014402907
We analyze the performance of the Amman Stock Exchange (ASE) and its integration with other markets. Using cointegration techniques, we find that the ASE and other Arab stock markets are cointegrated, which implies little long-run risk diversification. However, there is no cointegrating...
Persistent link: https://www.econbiz.de/10014402969