General economics

متضيعش وقتك ….

انا مش قادر افهم… بتضيع فلوسك ووقتك عشان تاخد شهادة مش معترف بيها بره محافظتك و تتعلم تعليم ملهوش اى علاقة بعلم و تتخرج تدور علي شغل بمؤهلاتك متلاقيش…. متلمش الا نفسك فى الاخر التعليم فى المانيا ببلاش لكل مراحل التعليم حتى الدكتوراه, و منح كتير جدا عشان متصرفش مليم من جيبك و فرص شغل […]

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Learning Central Limit Theorem with Microsoft Excel

Many statistical and econometric procedures depend on the assumption of normality. The importance of the normal distribution lies in the fact that sums/averages of random variables tend to be approximately normally distributed regardless of the distribution of draws. The central limit theorem explains this fact. Central Limit Theorem is very important since it provides justification

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The evil in the heart of the good: Unfolding the role of remittances in the escalating trade deficit figures of the MENA region.

The MENA region is ranked first in terms of remittance receipts (3.83% of GDP) worldwide, it has also the highest non-oil trade deficit among other developing regions (World Bank, 2018). This study uses panel data from 11 Labor-abundant MENA countries (main destination of remittance receipts) to examine the trade balance effect of remittances. We postulate

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The interaction between monetary and macroprudential policies

There is an increasing concern among policy makers and economists about macro prudential policies that aim to stabilize the economy and alleviate financial distortions through affecting output and inflation levels . This paper by Claessens, and Valencia, (2013) at VOX tries to study the possible interactions between monetary and macro prudential policies. In addition, it

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