Journal of Global Economics

Salem Mohammad

Publications

• Research Article
  Analysing the Short-run and Long-run Relationships between Macroeconomic Variables and Financial Development in Jordan From 1978-2013
  Author(s): Salem MohammadSalem Mohammad
  
  The main objective of this study was to examine the short and long-run relationships between macroeconomic variables such as : gross domestic product, foreign direct investment, money supply, consumer price index, interest payment on external debt and fuel import and Jordan’s financial development represented by Amman Stock Exchange (ASE), Conventional Banking System (CBS) and Islamic Banking System (IBS). Moreover; to examine the directional causality between Jordanian economy and financial development. The annual time series data for the period from 1978 to 2013 is used to obtain these objectives. The Granger Causality Test revealed a unidirectional causality relationship between economic growth and Jordan’s financial development. Also, the economic growth appear to lead the ASE while, CBS and IBS appear to lead the economic growth. These results are in support of the th.. Read More»
  DOI: 10.4172/2375-4389.1000253

  Abstract PDF