The objective of this paper is to identify the determinants of exchange regime choice for North Africa Region. The target is to provide an empirical framework suitable for describe and determine the factors having a significant influence on the development of the choice of the regime of...

The objective of this paper is to identify the determinants of exchange regime choice for North Africa Region. The target is to provide an empirical framework suitable for describe and determine the factors having a significant influence on the development of the choice of the regime of...

The empirical results of this paper indicate that the degree of competition in the banking system is determined by several macroeconomic aggregates that describe the relevance of the policies implemented in financial Morocco. Thus, the result shows that there is a positive relationship between...

The empirical results of this paper indicate that the degree of competition in the banking system is determined by several macroeconomic aggregates that describe the relevance of the policies implemented in financial Morocco. Thus, the result says that there is a positive relationship between...

Purpose: There is a wealth of literature on the financing structure of a company. For this reason, the authors considered it useful to present a theoretical and empirical literature review of classical and new theories of the financial structure. The purpose of this study is to realize on a...

The use of macro prudential instruments today gives rise to a major debate within the walls of central banks and other authorities in charge of financial stability. Contrary to micro prudential instruments, whose effects remain limited, macro prudential instruments are different in nature and...

In this paper a general equilibrium model was developed to simulate the impact of unconventional measures on macroeconomic and financial conditions in Morocco. The particularity of this model is that it includes most of the nominal and real rigidities, financial frictions, based essentially on...