文章基本信息

标题：The impact of external factors on the monetary stability in Jordan for the period 1990–2015
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作者：Abdulnafea Al Zararee ; Atif Batarseh
期刊名称：Banks and Bank Systems
印刷版ISSN：1816-7403
电子版ISSN：1991-7074
出版年度：2019
卷号：14
期号：1
页码：29-41
DOI：10.21511/bbs.14(1).2019.04
语种：English
出版社：LLC "CPC "Business Perspectives"
摘要：This study aimed to examine the impact of external factors (external grants and aid,external public debt,remittances of Jordanians labor abroad and external shocks) on the efficiency of the monetary policy,which aims at achieving monetary stability through influencing inflation rates in Jordan during the period 1990–2015,by using standard regression equation estimated by the ordinary least squares (OLS). The findings of the study showed a statistically significant impact at 1% of each of the external grants and aid,and remittances of Jordanians labor abroad on the efficiency of monetary policy through targeting inflation rates in Jordan. As to the variables of external public debt and external shocks,the findings showed a weak impact,which was not statistically significant at a reasonable level,on the efficiency of monetary policy. The researchers recommended that decision-makers pay further attention to the vital role of the remittances of the Jordanians labor abroad,which is one of the main bases of the Jordanian economy. This is due to its crucial impact on the Jordanian economy.
关键词：monetary stability;inflation;monetary policy;external grants and aid;external public debt;remittances of Jordanians labor abroad;external shocks