أثر الائتمان المحلي و سعر الصرف الحقيقي و سعر إعادة الخصم على الحساب الجاري في الأردن

Abstract EN

This study addressed the impact of Domestic Credit, Real exchange rate, and Re-discount rate on Current account in Jordan during the period of (1995-2017) in the short and long run terms, This Study was based on Vector Error Correction Model (VECM).

The Results of this Study show A positive and Significant Relationship between Discount Rate and the Current Account for Jordan, Negative relationship between Domestic Credit and the Current Account, Also Positive Relationship between Real Exchange Rate and the Current Account in Short Run and Long Run Terms to all variables.