The main goal of this study is to investigate the impact of information and communication technology (ICT) on human development in the six Gulf Cooperation Council countries (GCC), particularly, the effect of ICT development index on the three-key component of human development; income, health, and education. The study focused on the years 2005-2014. Based on the theoretical background explaine...

The purpose of this article is to examine the status of a well known argument for a positive rate of steady state inflation. The original argument, by Vickrey (1954) and Phelps (1972), suggests that the economy is more able to dampen shocks, such as fluctuations in the real rate of return on risky capital investment, when inflation rates are positive. The notion is that the conditions required ...

using quarterly data from 2002:1 to 2013:2 we study the persistence in the inflation rates in iran based on the total cpi and the cpi in 12 subgroups. the persistence is investigated using two different tools: (i) the adf unit root test and (ii) bootstrap confidence intervals. we calculate a 90% confidence interval for the sum of the autoregressive coefficients, as a measure of persistence, usi...

Official statistics measuring the cost of living are known to suffer from several biases. This paper shows that size biases can vary with economic conditions. Using homescan data, it is first confirmed official price indexes be tracked using such granular data sets. While often-acknowledged substitution bias shown relatively small, neglected preference adjustment and product entry/exit result i...

This paper investigates the wealth effects of consumer price index, interest rate, domestic credit and real economic activity on Amman Stock Exchange performance. Over period 1991–2020 using autoregressive distributed lag (ARDL) bounds test. While rate is a powerful monetary tool to fight inflation recession, it can be detrimental investors. The target variables, index (CPI) (IDR), are both hig...

T he world economy has experienced a bulk of positive and negative shocks in crude oil prices and exchange rates over the years, and that global inflation has undergone some changes. Such shocks have affected the macroeconomic variables in the countries of the world and have challenged the economies of these countries, and have led them to take different measures to protect themselves agai...