Please use this identifier to cite or link to this item: https://essuir.sumdu.edu.ua/handle/123456789/82903
Or use following links to share this resource in social networks: Recommend this item
Title The Impact of Fiscal Policy on the Unemployment Rate in Egypt
Authors Omran, E.A.M.
Bilan, Yurii Valentynovych  
Keywords Fiscal policy
Labour market
VAR
GDP
Unemployment rate
Egypt
Type Article
Date of Issue 2020
URI https://essuir.sumdu.edu.ua/handle/123456789/82903
Publisher Economic Laboratory Transition Research Podgorica
License Creative Commons Attribution 4.0 International License
Citation Omran, E.A.M., Bilan, Y. (2020), “The Impact of Fiscal Policy on the Unemployment Rate in Egypt”, Montenegrin Journal of Economics, Vol. 16, No. 4, pp. 199-209. DOI: 10.14254/1800-5845/2020.16-4.16
Abstract Unemployment is one of the main challenges that the Egyptian economy faces. The purpose of this paper is to examine how the unemployment rate responds to fiscal policy shocks. The study used annual time series data for the period from 1976 to 2018 collected from the world bank and the international monetary fund. Based on Blanchard and Perotti approach, the study used a five-variables structural vector autoregressive (SVAR) model with the impulse response function (IRF) tool. The main findings of this paper are that 1) At the earlier stages, a one standard deviation shock to the government spending decreases the unemployment rate until the period two, then it started to increase until reached to zero in period ten which means a positive shock to government spending has a negative impact unemployment rate. 2) At the earlier stages, a one standard deviation shock to the tax revenue temporarily decreases the unemployment rate, then it increases after the period two until it hits the zero level in the period six after that it became positive which means that in the long run, a positive shock to tax revenue has a positive impact on the unemployment rate. The study recommends the Egyptian government to run an expansionary budget to decrease the unemployment rate.
Appears in Collections: Наукові видання (ННІ БіЕМ)

Views

Ukraine Ukraine
13

Downloads

Ukraine Ukraine
12

Files

File Size Format Downloads
Omran_Bilan_The_Impact_of_Fiscal_Policy_on_the_Unemployment_Rate_2020.pdf 373,58 kB Adobe PDF 12

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.