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Arab Maghrebean Countries 1 Cointegration Test 1 Neo-liberal Hypothesis 1 Vectoriel Error Correction Model 1
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Bouzid, Amaira 1
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Romanian Economic Journal 1
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McKinnon’s Complementarity Hypothesis: Empirical Evidence for the Arab Maghrebean Countries
Bouzid, Amaira - In: Romanian Economic Journal 15 (2012) 44, pp. 23-36
This study aims to verify the financial repression theory’s assumptions for the Arabic Maghrebean countries during a time period ranging from 1973 to 2003. First, the interest rates in the Arab Maghrebean countries were regulated. Moreover, the low and administered interest rate discourages...
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