Ghanayem, Afnan; Downing, Gareth; Sawalha, Murad - In: Cogent economics & finance 11 (2023) 1, pp. 1-32
This study examines the impact of political instability on inflation volatility in the Middle East and North Africa … and finds five dimensions of political instability. Next, it adopts GARCH, EGARCH, and TGARCH volatility specifications to … instability on GARCH conditional inflation volatility by employing the dynamic Generalized Method of Moments (GMM) panels. This …