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How does inflation uncertainty interact with inflation rate? The purpose of this article is to assess this question in Egypt in a wavelets transform framework. We investigate the direction of causality in the relationship inflation-inflation uncertainty by combining component GARCH model,...
Persistent link: https://www.econbiz.de/10011107856
The nexus between inflation and its uncertainty has been a topic of wide dispute. Using wavelet decomposition and with special reference to Egypt for the period 1960-2013, we find that the focal relationship varies substantially among the different frequencies involved. In the short-run,...
Persistent link: https://www.econbiz.de/10011107929
For several decades the fight against poverty has become a major policy concern for national governments and international institutions. In this paper, we examine the effect of remittances on poverty and inequality by using an original database of migrants in Morocco. The survey data were...
Persistent link: https://www.econbiz.de/10011109783
In this paper, we examine the effect of migrants’ remittances on poverty and inequality. The survey data were collected in Morocco, in the rural areas of the region Souss-Massa-Draa. By applying an original approach, we estimate the counterfactual income of remittance-recipient households...
Persistent link: https://www.econbiz.de/10011114093