Interaction between Fiscal and Monetary Policies: Directions of Causality in Case of Jordan 1990-2011

Hussein Ali Al-Zeaud

Interaction between Fiscal and Monetary Policies: Directions of Causality in Case of Jordan 1990-2011

Hussein Ali Al-Zeaud * §

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§ Al al-Bayt University

Interaction between Fiscal and Monetary Policies: Directions of Causality in Case of Jordan 1990-2011

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Abstract

This paper is an effort to explore the interaction between fiscal and monetary policies in Jordan through investigating the short-term and long-term relationship between government expenditure as a fiscal policy, money supply as a monetary policy, and inflation as a result and cause of these policies. Using annual data for the period 1990-2011, the study applies cointegration test, Granger-causality, and VECM techniques to inspect the long-term and shortterm relationship and the directions of causality, also the speed of adjustment toward long-term equilibrium between the variables.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Hussein Ali Al-Zeaud. 2015. "Interaction between Fiscal and Monetary Policies: Directions of Causality in Case of Jordan 1990-2011". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 15 (GJMBR Volume 15 Issue B2).

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GJMBR Volume 15 Issue B2

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-B Classification JEL Code: O23

Submission ReceivedFebruary 12, 2015
Peer Review Double Blind
Handling Editor
Accepted March 5, 2015
Published March 15, 2015

Version of record

v1.2

Issue date

May 12, 2015

Language

English

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Article Matrices

Total Score: 148

Country: Jordan

Subject: Global Journal of Management and Business Research

Authors: Hussein Ali Al-Zeaud (PhD/Dr. count: 0)

View Count (all-time): 327

Total Views (Real + Logic): 1799

Total Downloads (simulated): 127

Publish Date: 2015 03, Sun

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Total Views: 1.8K

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