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Egypt followed a central command economic policy during the 1970's, implementing repressive financial policies and directing credit. The banking sector was fully state owned, enabling the government to set a ceiling for interest rates. The Egyptian government adopted an economic reform program...
Persistent link: https://www.econbiz.de/10013117173
This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 to 2013, the impulse response analysis shows that the response of the shadow economy in Egypt to positive shocks in economic globalization is negative and statistically...
Persistent link: https://www.econbiz.de/10012956723
Annual time series data is used to forecast GDP per capita using the Box-Jenkins Autoregressive-Integrated Moving-Average (ARIMA) model for the Egyptian and Saudi Arabian economies. The fitted ARIMA model is tested for per capita GDP forecasting of Egypt and of Saudi Arabia for the next ten...
Persistent link: https://www.econbiz.de/10013224003
Annual time series data is used to forecast GDP per capita using the Box-Jenkins Auto-regressive-Integrated Moving-Average (ARIMA) model for the Egyptian and Saudi Arabian economies. The fitted ARIMA model is tested for per capita GDP forecasting of Egypt and of Saudi Arabia for the next ten...
Persistent link: https://www.econbiz.de/10012828561
This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 to 2013, the impulse response analysis shows that the response of the shadow economy in Egypt to positive shocks in economic globalization is negative and statistically...
Persistent link: https://www.econbiz.de/10011645904
The purpose of this paper is to answer the question of whether the switching to the Inflation Targeting (IT) regime is necessary for the Egyptian case or not? Our judgment of applying IT regime in the Egyptian economy is established on doubled criterion. That is, the practical experience of the...
Persistent link: https://www.econbiz.de/10003790283
The welfare costs of inflation and inflation uncertainty are well documented in the literature and empirical evidence on the link between the two is sparse in the case of Egypt. This paper investigates the causal relationship between inflation and inflation uncertainty in Egypt using monthly...
Persistent link: https://www.econbiz.de/10011379937
This paper discusses and analyzes the case of Egypt in recent time periods since the turn of the new millennium in combating inflation. The results show that sources of inflation include cost-push, demand-pull, power pricing, and imported inflation. The overall significance of the anti-inflation...
Persistent link: https://www.econbiz.de/10012724711
This paper discusses and analyzes selected pertinent statistical and economic questions raised by the shift in price statistics towards covering broader markets of the economy, namely introducing a Producers Price Index (PPI) series in place of the Wholesale Price Index (WPI) series in Egypt...
Persistent link: https://www.econbiz.de/10012725029
This paper provides new insight into the relationship between inflation and consumer price setting by examining a large data set of Mexican consumer prices covering episodes of both low and high inflation, as well as the transition between the two. Overall, the economy shares several...
Persistent link: https://www.econbiz.de/10012709391