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386345

The Impact of Fiscal and Monetary Policies on Inflation Empirical Evidence from Egypt from 1990 to 2020

Article

Last updated: 29 Dec 2024

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Tags

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Abstract

This paper studies the impact of fiscal and monetary policies on inflation in Egypt. Using a sample period from 1990–2020, we investigated the relationship between both of them by using the ARDL Bounds test for the co-integration test, where the dependent variable is inflation and government expenditure, tax revenue, and money supply as independent variables, using the stationary test first and estimating the short- and long-run relation. The empirical study found that all variables have a positive and significant impact according to the co-integration bound test, and the ECM error correction model finds that there is long-run causality between variables. The study recommends that the best policy to get rid of inflation is discipline in monetary and fiscal policies.

DOI

10.21608/jaebs.2024.386345

Keywords

Egypt, Inflation, Fiscal policy, Monetary policy, Government expenditure, Taxation, Money supply

Authors

First Name

Lamees

Last Name

El Araby

MiddleName

-

Affiliation

Head of international economics department at Egyptian Chinese University

Email

lelaraby@ecu.edu.eg

City

Cairo, Egypt

Orcid

-

First Name

Yara

Last Name

ElSehaimy

MiddleName

-

Affiliation

International Economics Department, Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

yabdelkhalek@ecu.edu.eg

City

-

Orcid

-

First Name

Zeinab

Last Name

Ali

MiddleName

-

Affiliation

International Economics Department, Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

zali@ecu.edu.eg

City

-

Orcid

-

First Name

Farha

Last Name

Karim

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

291900416@ecu.edu.eg

City

-

Orcid

-

First Name

Farah

Last Name

Mohamed

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

farahelazbkawy@gmail.com

City

-

Orcid

-

First Name

Mohanad

Last Name

Mahmoud

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

mohanad42y@gmail.com

City

-

Orcid

-

Volume

1

Article Issue

1

Related Issue

51020

Issue Date

2024-10-01

Receive Date

2024-03-17

Publish Date

2024-10-15

Page Start

94

Page End

108

Print ISSN

3009-7533

Online ISSN

2974-3680

Link

https://jaebs.journals.ekb.eg/article_386345.html

Detail API

https://jaebs.journals.ekb.eg/service?article_code=386345

Order

386,345

Type

Original Article

Type Code

2,997

Publication Type

Journal

Publication Title

Journal of Advances in Economics and Business Studies

Publication Link

https://jaebs.journals.ekb.eg/

MainTitle

The Impact of Fiscal and Monetary Policies on Inflation Empirical Evidence from Egypt from 1990 to 2020

Details

Type

Article

Created At

20 Dec 2024