Evaluating the Role of Monetary Policy Tools in Stimulating Domestic Savings In Egypt During the Period 1990-2014

Sakr Ahmed (1), Waffa Al-Sayed (2), Nesrin Fahmy (3)
(1) Al-Manoufia University, Egypt,
(2) Al-Manoufia University, Egypt,
(3) Al-Manoufia University, Egypt

Abstract

This paper presented a comprehensive econometric analysis of the determinants of decrecing the rates of the domestic savings in Egypt during the study period (1990-2014). The analysis helped to determine the relative contributions of the monetary policy tools in this regard. The main results confirmed that: existence of co-integration between variables refred to a balanced relationship in the long term. So, about 91% of the changes in the domestic savings were achieved through out changes of the monetary variables (when the other factors were conctant).

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Authors

Sakr Ahmed
Waffa Al-Sayed
Nesrin Fahmy
Ahmed , S., Al-Sayed, W., & Fahmy, N. (2021). Evaluating the Role of Monetary Policy Tools in Stimulating Domestic Savings In Egypt During the Period 1990-2014. The Arab Journal of Administration, 41(4), 297–312. https://doi.org/10.21608/aja.2021.207053

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