Macroeconomic and monetary policy responses in selected highly indebted MENA countries post Covid 19
Simon Neaime
American University of Beirut
With limited fiscal space, MENA governments with flexible exchange rates have been relying extensively on accommodative monetary policy to circumvent external shocks such as Covid 19 and other domestic macroeconomic imbalances. Simon Neaime discusses his econometric models to identify domestic and external nominal shocks affecting the MENA region and their dynamic transmission mechanisms through impulse response functions and granger causality tests derived from a structural VAR. Read the Study
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