multiplier is larger in magnitude than the current spending multiplier; (iii) the non-oil revenue multiplier is negative; (iv …

In this study, cointegration methods are used to test the existence of the money multiplier model in Saudi Arabia for … M3) multipliers over the full sample and pre-crisis period, albeit the M3 multiplier performs better than the M2 … multiplier. Johansen's vector autoregression (VAR) and Pesaran et al. (2001) autoregressive distributed lags (ARDL) cointegration …

This book sheds new light on the critical importance of the Saudi Arabian Monetary Agency (SAMA), a remarkably … informal dual role of central bank and sovereign wealth fund, SAMA must navigate the paradoxes faced by monoline oil producing … supervising Shariah-compliant banks; and the need to have a balancing mix of oil and financial assets. As SAMA (now the Saudi …

This book sheds new light on the critical importance of the Saudi Arabian Monetary Agency (SAMA), a remarkably … informal dual role of central bank and sovereign wealth fund, SAMA must navigate the paradoxes faced by monoline oil producing … supervising Shariah-compliant banks; and the need to have a balancing mix of oil and financial assets. As SAMA (now the Saudi …