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Determinants of inflation in GCC /

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 fac...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Kandil, Magda (Autor), Morsy, Hanan (Autor)
Autor Corporativo: International Monetary Fund. Middle East and Central Asia Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/82.
Temas:
Acceso en línea:Texto completo

MARC

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500 |a At head of title: Middle East and Central Asia Department. 
504 |a Includes bibliographical references (pages 17-18). 
588 0 |a Print version record. 
520 |a 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. 
546 |a English. 
505 2 |a Literature review -- Economitric methodology -- Data and estimation -- Extensions. 
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610 2 0 |a Gulf Cooperation Council. 
610 2 7 |a Gulf Cooperation Council  |2 fast 
650 0 |a Inflation (Finance) 
650 6 |a Inflation. 
650 7 |a Inflation (Finance)  |2 fast 
650 2 |a Inflation, Economic 
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