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Fiscal Determinants of Inflation : A Primer for the Middle East and North Africa

Söderling, Ludvig - 2006

Many countries in the Middle East and North Africa (MENA) region have recently experienced surges in money growth that apparently have not generated significant inflationary pressures. Moreover, several MENA countries have followed monetary policy rules that according to standard monetary theory...

Persistent link: https://www.econbiz.de/10014402293

Fiscal Policy and Growth in the Middle East and North Africa Region

Eken, Sena - 1997

Establishing a policy framework to sustain high rates of growth is a major challenge facing the economies of the Middle East and North Africa. Given the strikingly dominant role of governments in these economies, this paper focuses on the contribution of fiscal consolidation and reform toward...

Persistent link: https://www.econbiz.de/10014403295

Fiscal Determinants of Inflation : A Primer for the Middle East and North Africa

Söderling, Ludvig - 2006

Intro -- Contents -- I. INTRODUCTION -- II. MONEY AND PRICES IN THE MIDDLE EAST AND NORTH AFRICA: THE PUZZLE OF THE MISSING INFLATION -- III. AN ALTERNATIVE ANALYTICAL FRAMEWORK: THE FISCAL THEORY OF PRICES -- A. The Underlying Model: Standard Cash-in-Advance -- B. Multiple Equilibria -- IV. THE...

Persistent link: https://www.econbiz.de/10012691031

Macroeconomic effects of fiscal policy shocks : panel VAR evidence from MENA countries

Sedighi, Somayeh; Shaghaghi, Samaneh Raiss; Woldu, … - In: Macroeconomics and finance in emerging market economies 17 (2024) 2, pp. 212-226

Persistent link: https://www.econbiz.de/10015048431

Recoveries in the Middle East, North Africa, and Pakistan : Have Macroeconomic Policies Been Effective?

Grigoli, Francesco - 2010

This paper identifies and documents the properties of output gap recessions and recoveries in the Middle East, North … Africa, and Pakistan (MENAP) during the 1980 to 2008 period. It goes on to investigate the key determinants of the recoveries …. The duration of MENAP countries’ recessions and recoveries has increased from the 1990s to the 2000s. MENAP hydrocarbon …

Persistent link: https://www.econbiz.de/10014402721

Recoveries in the Middle East, North Africa, and Pakistan : Have Macroeconomic Policies Been Effective?

Hakura, Dalia - 2010

This paper identifies and documents the properties of output gap recessions and recoveries in the Middle East, North … Africa, and Pakistan (MENAP) during the 1980 to 2008 period. It goes on to investigate the key determinants of the recoveries …. The duration of MENAP countries' recessions and recoveries has increased from the 1990s to the 2000s. MENAP hydrocarbon …

Persistent link: https://www.econbiz.de/10013143188

Has Chinese economy become more stable?

Zhang, Chengsi - In: Journal of the Asia Pacific economy 18 (2013) 1, pp. 133-148

Persistent link: https://www.econbiz.de/10009713193

Great recession, slow recovery and muted fiscal policies in the US

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recession and the subsequent recovery in the US. The Great Recession was mainly caused by a large demand shock and by the ZLB on the interest rate policy. In contrast with previous findings, the...

Persistent link: https://www.econbiz.de/10011434680

In search of the Euro area fiscal stance

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper investigates the role of fiscal policies over the aggregate EMU business cycle. Previous studies, based on the assumption of non-separability between public and private consumption, obtain a large public consumption multiplier, a small fraction of non-Ricardian households and,...

Persistent link: https://www.econbiz.de/10011529025

The role of long and short-term dynamics of the US rate of profit in the current crisis

Cámara Izquierdo, Sergio - In: International journal of management concepts and … 8 (2014) 1, pp. 1-22

Persistent link: https://www.econbiz.de/10010390863