Understanding the Inflationary Process in the GCC Region : The Case of Saudi Arabia and Kuwait /

This paper investigates the factors that affect inflation in the GCC region by examining the inflationary processes in Saudi Arabia and Kuwait. The paper utilizes a model that accounts for foreign factors affecting inflation, such as trading partners' inflation and exchange rate pass-through ef...

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Tác giả chính: Alogeel, Hesham
Tác giả khác: Hasan, Maher
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2008.
Loạt:IMF Working Papers; Working Paper ; No. 2008/193
Truy cập trực tuyến:Full text available on IMF
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245 1 0 |a Understanding the Inflationary Process in the GCC Region :   |b The Case of Saudi Arabia and Kuwait /  |c Hesham Alogeel, Maher Hasan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (37 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper investigates the factors that affect inflation in the GCC region by examining the inflationary processes in Saudi Arabia and Kuwait. The paper utilizes a model that accounts for foreign factors affecting inflation, such as trading partners' inflation and exchange rate pass-through effect, as well as domestic influences. The analysis concludes that, in the long run, higher inflation in trading partners' countries is the main driving force for inflation in the two countries, with significant but lower contributions from the exchange rate pass-through effect and oil prices. Demand and money supply shocks affect inflation in the short run. 
538 |a Mode of access: Internet 
700 1 |a Hasan, Maher. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/193 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/193/001.2008.issue-193-en.xml  |z IMF e-Library