Analyzing The Fiscal Process Under A Stochastic Environment: Evidence From Egypt
AbstractThis paper investigates the sustainability of the fiscal budgeting process for Egypt, for both stochastic and non-stochastic environments. Both cointegration and multicointegration methodologies were used to evaluate these processes. It was found that the fiscal budgeting process in Egypt is not sustainable in either environment.
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Bibliographic InfoPaper provided by Economic Research Forum in its series Working Papers with number 475.
Length: 16 pages
Date of creation: Mar 2009
Date of revision: Mar 2009
Publication status: Published by The Economic Research Forum (ERF)
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