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Growth and unemployment in the MENA region :a missing link? -

Show simple item record Hatoum, Najat Ahmad, 2014 2015-02-03T10:35:09Z 2015-02-03T10:35:09Z 2014 2014
dc.identifier.other b18287311
dc.description Thesis. M.A. American University of Beirut. Department of Economics, 2014. T:6098
dc.description Advisor : Dr. Simon Neaime, Professor, Economics ; Members of Committee : Dr. Isabella Ruble, Associate Professor, Economics ; Dr. Darius Martin, Assistant Professor, Economics.
dc.description Includes bibliographical references (leaves 97-103)
dc.description.abstract Recent uprisings in the Arab world have drawn special attention to the numerous escalating social problems, especially that of unemployment in the region. Despite the good growth performance Arab countries achieved in the last decade, economists identified such phenomenon as a “jobless growth” experience. This is because the region failed in having growth that is inclusive and job creating. The unemployment-growth nexus is one thing to be urgently examined in the Arab States. Knowing the structure of the unemployment in these countries would constitute a first step towards the reinforcement of a strong and inclusive growth. In this thesis, we will be examining Okun’s law for four Arab countries; those are Jordan, Egypt, Tunisia and Morocco. These countries were chosen due to key similarities: (i) they are all oil-importers and (ii) they have all undergone major socio-economic and political reforms. Using two different versions of Okun’s Law that are widely used in the literature; those are the basic First Difference Version and the Dynamic Version that makes use of an autoregressive distributive lag model (ARDL), we were able to find that that none of our short run coefficients are significant, whereas only in Egypt, there exists a significant long run coefficient indicating that over the long run at least, unemployment responds to changes in output as Okun has previously envisaged.
dc.format.extent 1 online resource (xii, 103 leaves) ; 30cm
dc.language.iso eng
dc.relation.ispartof Theses, Dissertations, and Projects
dc.subject.classification T:006098 AUBNO
dc.subject.lcsh Economic development -- Middle East.
dc.subject.lcsh Economic development -- Africa, North.
dc.subject.lcsh Unemployment -- Middle East.
dc.subject.lcsh Unemployment -- Africa, North.
dc.subject.lcsh Human capital -- Middle East.
dc.subject.lcsh Human capital -- Africa, North.
dc.subject.lcsh Arab Spring, 2010-
dc.title Growth and unemployment in the MENA region :a missing link? -
dc.type Thesis
dc.contributor.department American University of Beirut. Faculty of Arts and Sciences. Department of Economics, degree granting institution.

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