The paper provides an empirical analysis of the determinants of currency substitution in Egypt and the Yemen Arab …

parts of Yemen. The intervention, which manifests mainly in airstrikes, has attracted widespread controversy in media and … interactions between Saudi airstrikes in Yemen, gains of the Houthi movement on Yemeni ground, their attacks on Saudi Arabian soil …, and crude oil prices. Our approach builds on high-resolution data from the Yemen Data Project and the Armed Conflict …

Yemen has had a high and volatile rate of inflation in recent years. This paper studies the underlying determinants of … inflation dynamics in Yemen using three different approaches: (i) a single equation model, (ii) a Structural Vector … Autoregression Model, and (iii) a Vector Error Correction Model. The outcomes suggest that inflation dynamics in Yemen are driven by …

KEY ISSUES Background: Yemen has made good progress since the 2011 crisis in advancing the political transition …

This paper uses a variant of the IMF''s Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen …''s full accession into the Gulf Cooperation Council (GCC). After calibrating the model to Yemen and the GCC countries, several … Yemen and the GCC countries. In particular, we show that in some cases economic integration could increase GDP in Yemen by …

This 2007 Article IV Consultation highlights that despite recent progress in poverty reduction, Yemen remains far from …