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040 _aEG-GiCUC
_beng
_cEG-GiCUC
041 0 _aeng
049 _aDeposite
097 _aPh.D
099 _aCai01.03.02.Ph.D.2020.No.I
100 0 _aNouran Mohamed Hussein Moustafa
245 1 4 _aThe interplay between macroeconomic management tools throughout the business cycle :
_bZooming into the Egyptian case during FY 1992/93 {u2013} FY 2015/16 /
_cNouran Mohamed Hussein Moustafa ; Supervised Jasmin Fouad
246 1 5 _aالإدارة الأقتصادية خلال دورة الأعمال :
_bحالة مصر
260 _aCairo :
_bNouran Mohamed Hussein Moustafa ,
_c2020
300 _a120 P. :
_bcharts ;
_c25cm
502 _aThesis (Ph.D.) - Cairo University - Faculty of Economics and Political Science - Department of Economics
520 _aThe growing importance of macroeconomic management over time dictates the need to understand what constitutes effective management of monetary and fiscal policies during the various parts of the business cycles.This study aims at scrutinizing this topic empirically using Egypt as a case study during the timeframe FY 1988/89 {u2013} FY 2015/16. The latest business cycles experienced during this timeframe have been identified by using leading, coincident and lagging indicators and de-trending them using HP filter into cyclical and trend components. During the same period, the relationship between the industrial production index (independent variable){u2013} as proxy for economic growth{u2013} and monetary policy tools (money supply and interest rates) and fiscal policy tools (budget deficit, tax revenues, government expenditure) as the dependent variables using Autoregressive Distribution Lag (ARDL) model.The results of the study show thatmoney supply tends to have a direct impact on economic growth after the lapse of four quarters from its date of change, while interest rates tend to have an insignificant impact on economic growth. As for fiscal policy tools, all chosen variables appear to be directly correlated with economic growth ultimately after four quarters, despite interim negative correlations.The outcomes suggest that decision makers in Egypt could weather economic downturns by implementing expansionary monetary policy while increasing governmental expenditures that could be either financed via tax increases or deficit spending
530 _aIssued also as CD
653 4 _aBusiness Cycle
653 4 _aFiscal Policy
653 4 _aMonetary Policy
700 0 _aJasmin Fouad ,
_eSupervisor
856 _uhttp://172.23.153.220/th.pdf
905 _aNazla
_eRevisor
905 _aShimaa
_eCataloger
942 _2ddc
_cTH
999 _c80009
_d80009