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Book Cover
E-book
Author Kandil, Magda, author.

Title Determinants of inflation in GCC / prepared by Magda Kandil and Hanan Morsy
Published [Washington, D.C.] : International Monetary Fund, ©2009

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Description 1 online resource (32 pages) : color illustrations
Series IMF working paper ; WP/09/82
IMF working paper ; WP/09/82.
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."
At head of title: Middle East and Central Asia Department
Bibliography Includes bibliographical references (pages 17-18)
Notes English
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
Print version record
digitized 2024. HathiTrust Digital Library committed to preserve pda MiAaHDL
Subject Gulf Cooperation Council.
SUBJECT Gulf Cooperation Council fast
Subject Inflation (Finance)
Inflation, Economic
Inflation (Finance)
Form Electronic book
Author Morsy, Hanan, author.
International Monetary Fund. Middle East and Central Asia Department.
ISBN 1462392105
9781462392100
9786612843020
6612843020
1451998368
9781451998368
1282843028
9781282843028