Working Paper- Do Workers’ Remittances promote Consumption Stability in Egypt?

Source: The Egyptian Center For Economic Studies Author(s): Omneia Helmy, Chahir Zaki, Aliaa Abdallah Original Link: http://www.eces.org.eg/Publication.aspx?Id=625&Type=10 Abstract: This paper examines cyclical characteristics of remittances and explores their counterbalancing and consumption-smoothing potential. First, it uses quarterly data to better reflect the shortterm dynamics of...

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Working Paper- The Nexus Between Internal and External Macroeconomic Imbalances: Evidence from Egypt

Source: The Egyptian Center For Economic Studies Author(s): Omneia Helmy, Chahir Zaki Original Link: http://www.eces.org.eg/Publication.aspx?Id=593&Type=10 Abstract: This paper examines the nexus between internal and external imbalances of the Egyptian economy by testing both the twin deficit hypothesis and the Feldstein-Horioka paradox. Using quarterly data (between 2002 and 2014) in...

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