Read Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination

Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination

Bassem Kamar

4.9/5 (30111 ratings)

Description:Coordinating macroeconomic policies is a pre-requisite to a successful launch of the common currency in the GCC countries. Relying on the Behavioral Equilibrium Exchange Rate approach as a theoretical framework, we apply the Pooled Mean Group methodology to determine the similarity of the impact of a selected set of macroeconomic indicators on the real exchange rate in each country. Our empirical evidence points to a clear coordination of monetary policy, fiscal policy, government consumption, and openness across the member countries. While RER misalignments also show a substantial convergence building over time, differences in the misalignments of the two polar cases remain rather substantial, calling for further coordination and policy harmonization.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination. To get started finding Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 35

Format: PDF, EPUB & Kindle Edition

Publisher: International Monetary Fund

Release: 2007

ISBN: 128351737X

Description: Coordinating macroeconomic policies is a pre-requisite to a successful launch of the common currency in the GCC countries. Relying on the Behavioral Equilibrium Exchange Rate approach as a theoretical framework, we apply the Pooled Mean Group methodology to determine the similarity of the impact of a selected set of macroeconomic indicators on the real exchange rate in each country. Our empirical evidence points to a clear coordination of monetary policy, fiscal policy, government consumption, and openness across the member countries. While RER misalignments also show a substantial convergence building over time, differences in the misalignments of the two polar cases remain rather substantial, calling for further coordination and policy harmonization.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination. To get started finding Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination

Gcc Monetary Union and the Degree of Macroeconomic Policy Coordination

More Books

Politiques de change et globalisation: Le cas de l'Egypte

Politiques de change et globalisation: Le cas de l'Egypte

Politiques de change et globalisation (French Edition)

Politiques de change et globalisation (French Edition)

The Impact of Capital and Foreign Exchange Flows on the Competitiveness of Developing Countries

The Impact of Capital and Foreign Exchange Flows on the Competitiveness of Developing Countries

Establishing Conversion Values for New Currency Unions: Method and Application to the Planned Gulf Cooperation Council (Gcc) Currency Union

Establishing Conversion Values for New Currency Unions: Method and Application to the Planned Gulf Cooperation Council (Gcc) Currency Union