Description |
1 online resource (32 pages) : color illustrations |
Series |
IMF working paper ; WP/09/82 |
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IMF working paper ; WP/09/82.
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Contents |
Literature review -- Economitric methodology -- Data and estimation -- Extensions |
Summary |
Inflationary pressures have heightened in the oil-rich Gulf Cooperation Council (GCC) since 2003. This paper studies determinants of inflation in GCC, using an empirical model that includes domestic and external factors. Inflation in major trading partners appears to be the most relevant foreign factor. In addition, oil revenues have reinforced inflationary pressures through growth of credit and aggregate spending. In the short-run, binding capacity constraints also explain higher inflation given increased government spending. Nonetheless, by targeting supply-side bottlenecks, the increase in |
Notes |
"April 2009." |
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At head of title: Middle East and Central Asia Department |
Bibliography |
Includes bibliographical references (pages 17-18) |
Notes |
English |
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Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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Print version record |
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digitized 2024. HathiTrust Digital Library committed to preserve pda MiAaHDL |
Subject |
Gulf Cooperation Council.
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SUBJECT |
Gulf Cooperation Council fast |
Subject |
Inflation (Finance)
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Inflation, Economic
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Inflation (Finance)
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Form |
Electronic book
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Author |
Morsy, Hanan, author.
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International Monetary Fund. Middle East and Central Asia Department.
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ISBN |
1462392105 |
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9781462392100 |
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9786612843020 |
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6612843020 |
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1451998368 |
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9781451998368 |
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1282843028 |
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9781282843028 |
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