Ahmad al-Majali

Mutah University · department of busnes

This study aimed to estimate the asymmetric impact of monetary policy on core inflation rates in Jordan during the period 2000-2020 using the Nonlinear Autoregressive Distributed Lag Model (NARDL) Based on quarterly data. The unit root tests showed the different degrees of integration by applying the Augmented Dickey-Fuller Test (ADF) and Philip Pe...

The study examined the impact of digital financial literacy on financial development utilizing a panel vector autoregressive (PVAR) model and panel data encompassing 108 countries from 2017 to 2021. In addition, Panel Granger causality tests were employed. The findings of the estimation indicated that enhancing digital financial literacy leads to a...

Objectives: This study investigates monetary policy's symmetric and asymmetric impacts on core inflation in Jordan. It employs linear and nonlinear autoregressive distributed lag (NARDL) models. The research also seeks to assess the relationship between the overnight deposit rate, money supply growth, and real GDP growth on core inflation and to ex...

The central aim of this study is to evaluate the repercussions of global energy price fluctuations on the pricing of local oil derivatives in Jordan, and their subsequent impact on domestic price levels. This research seeks to propose risk mitigation strategies to address the challenges posed by energy price volatility, offering valuable insights f...

This article tests the potential impact of Democracy level on income inequality using static panel data analysis for a sampling of 114 countries during the period 2010-2021. Furthermore, the Global State of Democracy Indices represents democracy (DOM), and the Gini index (GINI) represents income inequality. Panel Unit Root Tests showed that all var...

The primary goal of this research is to assess the influence of digital transformation on economic efficiency in some selected countries from Europe, East Asian, Middle East Africa and USA, using cross-sectional data from 2018 to 2022. The nonparametric approach, Data Envelopment Analysis (DEA), was used to examine the efficiency level of the count...

This research aims to estimate the indirect effects of Jordanian monetary policy (interest rates on the one-night deposit window) on the following economic variables: inflation, output gap, and foreign reserves. New Keynesian Theory). The model (based on the new Keynesian model) includes four basic equations that explain the changes in the followin...

The study aims to examine the effect of the Corona pandemic (COVID19) on the government general budget deficit, using econometrics models for this purpose, by using yearly panel data from 2019 to 2021 for 38 countries; this study applied pooled regression, fixed effects, and random effects to examine the relationships between variables. According t...

This study empirically considers five emerging markets from January 1995 to July 2019 to see whether nonlinearity helps to investigate responses to macroeconomic shocks in stock prices. With Vector Smooth Transition Regression, it uses real effective exchange rates, interbank interest rates, industrial production indices, and stock market returns....

This paper attempts to identify the current state of services competitiveness in some Middle East and North Africa (MENA) countries, as well as identifying the degree of attractiveness of the region given its general macroeconomic characteristics. The current paper analyzes the changes in the levels of competitiveness of four major service sectors...

This study aims to investigate the effect of government borrowing (Net claim no government) from Jordanian banks on Credit Facilities Extended by Licensed Banks to Private Sector. A Vector error correction model (VECM) is used to investigate the relationship between public borrowing and private credit. The paper concludes that government borrowing...

This study aims to estimate household demand function for electricity consumption in Jordan, using quarterly data over the period of (1980 -2015), where the study variables (Gross Domestic Product (GDP) Per Capita, per capita electricity consume in the household sector, the price of kilowatt/ hour weighted with consumer prices index (CPI), and the...

The study aims at clarifying the impact of key economic indicators inflation, interest rates, share liquidity and workers? remittances on stock returns in the Amman Stock Exchange (ASE), during the period (1980-2014). And to test hypotheses of the study, the self-Modeling non-liner regression (Vector Autoregressive) model has been used to test each...

هدف هذه الدراسة بشكل رئيس إلى قياس العبء والطاقة والجهد الضريبي في الأردن في إطار شامل يأخذ بعين الاعتبار جميع التأثيرات والانعكاسات المرتبطة بها. وذلك من خلال تقدير نموذج الفروق العامة للعزوم Generalized Method of Moments لبيانات مقطعية لـ 49 دولة خلال الفترة 2000-2013. وقد أظهرت نتائ ج نموذج الدراسة وجود علاقة عكسية ما بين العبء الضريبي ونصيب قطا...

This study aims to investigate whether the Amman Stock Exchange (ASE) performance, as measured by the stock price index, is affected by a set of macroeconomic variables. Namely, Real Gross Demotic Product, Consumer Price Index, Credit to Privet Sector, Weighted Average Interest Rate on Time Deposit, and dummy variable explain the global financial c...

This paper has investigated the dynamic interaction between monetary and fiscal policy in Jordan. The aim of this study is to evaluate how and to what extent both policies are responding to each other on one hand and to the movements in output growth and inflation on the other. By employing the Vector Error Correction Model (VECM), this research co...