The paper discusses the government policy that encourages the emergence of co-operatives and analyzes the co-operatives in light of their growth in number. It establishes a static equilibrium and highlights the co-operatives' adjustment process (dynamic equilibrium). The methodology/approach...

The paper discusses the government policy that encourages the emergence of co-operatives and analyzes the co-operatives in light of their growth in number. It establishes a static equilibrium and highlights the co-operatives' adjustment process (dynamic equilibrium). The methodology/approach...

Although significant progress had been made in Morocco, the inter-regional inequalities persist. The aim of this paper is to analyse this spatial inequality and convergence phenomenon in Morocco, using regional data between 2000 and 2007. Thus, relying on methods of spatial data analysis and...

The observation of spatial inequalities in the world today reveals that these are not just visible between countries. Indeed, they are also more pronounced between regions of the same country according to our level of development. In Morocco although the significant progress to be made, the...

In this work we tried to analyze the effect of fiscal policy on local inequalities in Morocco. We studied the influence of the local finance management mode (debt, cash, etc.), on the reduction of poverty.Also, we are using data on expenditure and income shared between 2000 and 2007, we tested...

This paper discusses the effect of inequality of opportunity in education. After describing literature and the Moroccan education background, we estimate the effect of inequality of opportunity on education. Using the data from the National Survey on the levels of Living of Households 2006/07,...

This paper aimes to analyze the effect of fiscal policy on poverty in Morocco. We studied the influence of the local finance management mode (debt, cash, etc.), on the reduction of poverty between localities. Also, we are using data on expenditure and income shared between 2000 and 2007, we...

Despite the increasing attention given to Islamic investment, there is still existing few empirical papers that examined the performance and volatility of Islamic Funds and indices in comparison to their conventional unscreened counterparts. These studies provide mixed evidence with regards to...

In this paper we decompose the realized volatility of the GARCH-RV model into continuous sample path variation and discontinuous jump variation to provide a practical and robust framework for non-parametrically measuring the jump component in asset return volatility. By using 5-minute...

On the arrival of the new banking law in Morocco, in august 2015, conventional banks and their foreign rivals will finally have the possibility to create their subsidiaries dedicated to microcredit, participative finance and payment, and hence, supply the market with new Islamic financial...