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The establishment of appropriate policy measures for fighting unemployment has always been difficult since causes of unemployment are hard to identify. This paper analyses an approach used mainly in the 1960s and 1970s in economics, in which classification is used as a way to deal with such a...
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. The bi-directional causality results suggest that developing tax capacity and building state institutions need to go hand …
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This chapter examines major highlights on macroeconomic and fiscal issues affecting the Kuwaiti economy based on different oil price assumptions. Forecast, analysis and simulations are performed using the Kuwait SCPD macro model. For the Kuwait economy, the author has explored three scenarios...
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The study explores the nonlinear linkage between government expenditure and government revenue using quarterly data … integration of the variables, cointegration, granger causality and variance decomposition within the SVAR model. Nonlinear … techniques are employed to spot the asymmetric relation of the univariate and the expenditure and revenue linkage. Asymmetric …
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