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Does external debt drive inflation in Sudan: evidence from symmetric and asymmetric ARDL approaches

Sharaf, Mesbah Fathy; Shahen, Abdelhalem Mahmoud - In: Journal of Business and Socio-economic Development 3 (2023) 4, pp. 293-307

Purpose This study aims to examine the symmetric and asymmetric impact of external debt on inflation in Sudan from 1970 …. Proper external debt management is crucial to control inflation rates in Sudan. Originality/value To date, no empirical study … has assessed the external debt-inflation nexus and its potential asymmetry in Sudan, and the current study aims to fill …

Persistent link: https://www.econbiz.de/10014433372

Resource rents, human development and economic growth in Sudan

Mohamed, Elwasila Saeed Elamin - In: Economies 8 (2020) 4, pp. 1-21

This study investigates the relationship between natural resource rents, human development and economic growth in Sudan … role in determining a difference in whether a country is cured or blessed by resource abundance. In the case of Sudan, no … Sudan. Empirical evidence from the estimated VECM shows that economic growth is positively affected by resource rents and …

Persistent link: https://www.econbiz.de/10013199728

Sharīʾah-compliant central banking practices: lessons from Muslim countries' experience

Anwer, Zaheer; Khan, Shabeer; Abu Bakar, Muhammad - In: ISRA International Journal of Islamic Finance 12 (2020) 1, pp. 7-26

system. Moving further, the case studies of Iran, Sudan and Pakistan are presented to highlight experiences of regulators …. Sudan has not only used monetary policy to effectively curb inflation but also it has introduced various indirect …

Persistent link: https://www.econbiz.de/10012600412

Jobless growth: empirical evidences from the Middle East and North Africa region

Abou Hamia, Mohamad A. - In: Journal for Labour Market Research 49 (2016) 3, pp. 239-251

In this study, we use Okun's Law to examine whether growth has been jobless in seventeen MENA countries. The methods used are the ARDL approach for the individual country and the panel data analysis for the entire sample. The period considered in this study is from 1980 to 2013. To test for...

Persistent link: https://www.econbiz.de/10011650806

Revisiting Baumol's Disease: Structural Change, Productivity Slowdown and Income Inequality

Hartwig, Jochen; Krämer, Hagen M. - In: Intereconomics 58 (2023) 6, pp. 320-325

The growing importance of services has led to significant structural change in advancedeconomies, with the service sector now accounting for the largest share of employment indeveloped countries. In his seminal model of the so-called cost disease of services, WilliamBaumol noted that the prices...

Persistent link: https://www.econbiz.de/10014459453

Country inequality rankings and conversion schemes

Schröder, Carsten; Bönke, Timm - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-28, pp. 1-43

Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the...

Persistent link: https://www.econbiz.de/10010309600

Imputed Rent and Income Inequality: A Decomposition Analysis for Great Britain, West Germany and the U.S.

Frick, Joachim R.; Grabka, Markus M. - In: Review of Income and Wealth 49 (2003) 4, pp. 513-537

This article deals with income advantages derived from owner-occupied housing and their impact on the personal income distribution. Using micro-data from the British Household Panel Study (BHPS), the German Socio-Economic Panel (SOEP), and the U.S. Panel Study of Income Dynamics (PSID) we find...

Persistent link: https://www.econbiz.de/10010310652

The Impact of Household Capital Income on Income Inequality - A Factor Decomposition Analysis for the UK, Germany and the USA

Fräßdorf, Anna; Grabka, Markus M.; Schwarze, Johannes - In: The Journal of Economic Inequality 9 (2011) 1, pp. 35-56

This paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro-data from the Cross-National Equivalent File (CNEF) for three prominent panel studies, namely the BHPS for the UK, the SOEP for West Germany, and the PSID for the USA, we use...

Persistent link: https://www.econbiz.de/10010310721

Dealing With Incomplete Household Panel Data in Inequality Research

Frick, Joachim R.; Grabka, Markus M.; Groh-Samberg, Olaf - In: Sociological Methods & Research 41 (2012) 1, pp. 89-123

In trying to capture complete within-household heterogeneity, household panel surveys typically try to interview all adult household members. Following from this, such surveys tend to suffer from partial unit nonresponse (PUNR), that is, the nonresponse of at least one member of an otherwise...

Persistent link: https://www.econbiz.de/10010311151

Equity market liberalization, credit constraints and income inequality

Sun, Puyang; Sen, Somnath; Jin, Shujing - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-12, pp. 1-28

This paper provides compelling evidence that equity market liberalization, as the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting increased human capital accumulation. The authors examine...

Persistent link: https://www.econbiz.de/10010311850