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| 003 | EG-GiCUC | ||
| 005 | 20250223032910.0 | ||
| 008 | 220109s2021 ua d f m 000 0 eng d | ||
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_aEG-GiCUC _beng _cEG-GiCUC |
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| 041 | 0 | _aeng | |
| 049 | _aDeposite | ||
| 097 | _aM.Sc | ||
| 099 | _aCai01.03.02.M.Sc.2021.Sa.I | ||
| 100 | 0 | _aSara Mohamed Abdelgawad Mohamed | |
| 245 | 1 | 0 |
_aInvestigating the impact of foreign portfolio investment on macro-economic stability : _bempirical evidence from Egypt / _cSara Mohamed Abdelgawad Mohamed ; Supervised Mona Essam Fayed , Taghreed Abdelaziz Hassouba |
| 246 | 1 | 5 |
_aتأثير الاستثمار الاجنبى فى محفظة الاوراق المالية على استقرار الاقتصاد الكلى : _bدراسة تطبيقية على الحالة المصرية |
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_aCairo : _bSara Mohamed Abdelgawad Mohamed , _c2021 |
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_a130 P. : _bcharts ; _c25cm |
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| 502 | _aThesis (M.Sc.) - Cairo University - Faculty of Economics and Political Science - Department of Economics | ||
| 520 | _aOver the last two decades, many emerging markets economies have opened up to international capital flows and integrated further into global financial markets. Developing countries have started to depend mainly on foreign portfolio investment (FPI) as an essential form of foreign private capital since 1989s. FPI flows can help countries to allocate resources efficiently, fill the saving-investment gap, and develop financial markets. However, such flows are characterized by their high volatility and sharp reversals. The short-term and high volatile nature of these flows might cause macroeconomic overheating in terms of currency crises and inflationary pressures. As for Egypt, FPI flows have fluctuated significantly in the Egyptian stock market since 1993 to 2020.This high volatility of FPI has drawn attention to assess its possible effects on the Egyptian economy in terms of macro-economic stability Therefore, this study aims to empirically investigate the relationship between FPI flows and inflation rate, which is a critical indicator of macro-economic stability. For this purpose, the study applies a vector autoregressive (VAR) model to test the short-run dynamics among the variables of interest. Also, it conducts the granger-causality test to check the causalities among variables. Additionally, it applies the auto-regressive distributed lag (ARDL) model to examine the long-run relationships among these variables. An error correction (ECM) can then be applied analyzing both the short-run and long-run relationships among the model variables. Empirical results showed that FPI flows increase the inflation rate in Egypt in both the short-run & long-run, thereby negatively impacting the macro-economic stability of the Egyptian economy | ||
| 530 | _aIssued also as CD | ||
| 653 | 4 | _aConsumer Price Index | |
| 653 | 4 | _aForeign Portfolio Investment | |
| 653 | 4 | _aInflationary Pressures | |
| 700 | 0 |
_aMona Essam Fayed , _eSupervisor |
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| 700 | 0 |
_aTaghreed Abdelaziz Hassouba , _eSupervisor |
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| 856 | _uhttp://172.23.153.220/th.pdf | ||
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_aNazla _eRevisor |
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_aShimaa _eCataloger |
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_2ddc _cTH |
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_c83901 _d83901 |
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