Analyzing The Fiscal Process Under A Stochastic Environment: Evidence From Egypt
This 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.
|Date of creation:||Mar 2009|
|Date of revision:||Mar 2009|
|Publication status:||Published by The Economic Research Forum (ERF)|
|Contact details of provider:|| Postal: 21 Al-Sad Al Aaly St. Dokki, Giza|
Web page: http://www.erf.org.eg
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