# 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 …

## Log-linearisation in Short

Log-linearisation in Short with an example

## 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 …

## A brief mathematical revision of the Ramsey Model

We mentioned in the last post the Solow-Swan model in order to explain the importance of the specification related to theories and the regression analysis. In this post, I’m going to explain a little bit more the neoclassical optimization related to consumption, in this case, it’s going to be fundamental to the theory of Ramsey …

## 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 …

## Oil war: GCC stability Vs. EU stability

After the dramatic turmoils that took place in France and then have spread across other European countries. These turmoils were mainly triggered by the hikes in Oil prices in the last few months, These surges have caused rigorous supply shock to prices, causing thousands maybe million of Mid-class people in EU to struggle. Lives casts …

## Why minimum wages and why not?

Understanding the economic intuition behind minimum wageslaw is of great importance, given the economic fluxes spreading all over theworld, from the Arab spring in Middle East, to budget deficits in USA and the debt crises in euro zone. Regarding the debatable and controversial outcomes of minimum wages, I will try to explain why governments tend …

## 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 …