Understanding the Inflationary Process in the Gcc Region : the Case of Saudi Arabia and Kuwait.

Saved in:
Bibliographic Details
Author / Creator:Alogeel, Hesham, author.
Imprint:Washington : International Monetary Fund, Aug. 2008.
Description:1 online resource (80 pages)
Language:English
Series:IMF Working Papers
IMF Working Papers.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12503285
Hidden Bibliographic Details
Other authors / contributors:Hasan, Maher, author.
ISBN:9781451915044
1451915047
Summary:Annotation This paper investigates the factors that affect inflation in the GCC region by examining the inflationary processes in Saudi Arabia and Kuwait. the paper utilizes a model that accounts for foreign factors affecting inflation, such as trading partners' inflation and exchange rate pass-through effect, as well as domestic influences. the analysis concludes that, in the long run, higher inflation in trading partners' countries is the main driving force for inflation in the two countries, with significant but lower contributions from the exchange rate pass-through effect and oil prices. Demand and money supply shocks affect inflation in the short run.
Other form:Print version: Alogeel, Hesham. Understanding the Inflationary Process in the GCC Region: The Case of Saudi Arabia and Kuwait. Washington : International Monetary Fund, ©2008 9781451870510