The relative effectiveness of monetary and fiscal policies in developing countries : an error correctionmechanism (ECM)
Author
Source
Revue de I'nstitut des Scienses Économiques
Issue
Vol. 9, Issue 2 (31 Dec. 2005), pp.53-62, 10 p.
Publisher
Publication Date
2005-12-31
Country of Publication
Algeria
No. of Pages
10
Main Subjects
Abstract EN
This paper investigates the relative importance of monetary and fiscal policies for Jordan.
Unlike previous studies, a vector error correction model is applied on St.
Louis-type reduced form equation.
Analysis of the unit roots tests.
Johansen cointegration test, and the Granger causality results based on the joint F-tests are utilized.
The analysis is undertaken with annual data spanning over thirty lour years in logarithms form from 1970 until 2003.
It turns out.
that fiscal policy has stronger effect than monetary policy has on economic activity, whence fiscal policy can be utilized as a stabilization policy in Jordan.
American Psychological Association (APA)
Mallawi, Ahmad Ibrahim. 2005. The relative effectiveness of monetary and fiscal policies in developing countries : an error correctionmechanism (ECM). Revue de I'nstitut des Scienses Économiques،Vol. 9, no. 2, pp.53-62.
https://search.emarefa.net/detail/BIM-981164
Modern Language Association (MLA)
Mallawi, Ahmad Ibrahim. The relative effectiveness of monetary and fiscal policies in developing countries : an error correctionmechanism (ECM). Revue de I'nstitut des Scienses Économiques Vol. 9, no. 2 (2005), pp.53-62.
https://search.emarefa.net/detail/BIM-981164
American Medical Association (AMA)
Mallawi, Ahmad Ibrahim. The relative effectiveness of monetary and fiscal policies in developing countries : an error correctionmechanism (ECM). Revue de I'nstitut des Scienses Économiques. 2005. Vol. 9, no. 2, pp.53-62.
https://search.emarefa.net/detail/BIM-981164
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 61-62
Record ID
BIM-981164
