The Impact of Fiscal Policy on the Unemployment Rate in Egypt
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63525666" target="_blank" >RIV/70883521:28120/20:63525666 - isvavai.cz</a>
Result on the web
<a href="http://mnje.com/sites/mnje.com/files/199-209_-_omran_and_bilan_-_novi.pdf" target="_blank" >http://mnje.com/sites/mnje.com/files/199-209_-_omran_and_bilan_-_novi.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14254/1800-5845/2020.16-4.16" target="_blank" >10.14254/1800-5845/2020.16-4.16</a>
Alternative languages
Result language
angličtina
Original language name
The Impact of Fiscal Policy on the Unemployment Rate in Egypt
Original language description
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 inter-national 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 peri-od 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.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Montenegrin Journal of Economics
ISSN
1800-5845
e-ISSN
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Volume of the periodical
16
Issue of the periodical within the volume
4
Country of publishing house
ME - MONTENEGRO
Number of pages
11
Pages from-to
199-209
UT code for WoS article
000590139700016
EID of the result in the Scopus database
2-s2.0-85095827823