The study aims at determining the impact of oil prices on the G7 inflation rate, and examining the nature of that impact, whether negative or positive, if existed, during the period from
The study aimed to show the economic impact of the full lockdown, which was taken by the Jordanian government, represented by the disruption of official institutions, universities, schools, and non-essential economic activities from March 20, 2020, to May 31, 2020.
The study’s methodology was represented by comparing the economic indicators in 2020 with the previous years (10 years). Three economic indicators were considered: GDP per capita, unemployment rate, and economic growth. The study concluded that each GDP per capita and economic growth in Jordan decreased after the full lockdown, by an acceptable statistical significance. The unemployment rate in Jordan increased after the full lockdown by an acceptable statistical significance.
Previous studied revealed mixed results regarding the Banks have an influence on the inflation rate. This study aims at investigating the impact of the bank credit on the inflation rate in Jordan during the period 1968-2017 by using Vector Auto Regression Model (VAR) on the annual data. Necessary tests were conducted for this model such as Unit Root Test, Granger Causality Test, Variance Decomposition and Response Function analysis. The results reveal that there is a mutual effect between the bank credit and the inflation rate. Moreover the study states that there is an explanatory power of the bank credit in explaining the changes in inflations rates in Jordan. Namely, there is a positive effect of the credit bank on the inflation rate in Jordan.
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