Egyptian Economy Predicted to Benefit from Improved Monetary Variable Forecasting
The article explores how different monetary variables in the Egyptian economy influence each other over time. By analyzing past data, the researchers found that current deposits, total loans, and quasi-money all impact each other in various ways. They discovered that loans total can predict current deposits, and quasi-money can predict loans total. Additionally, there is a complex relationship of feedback and instantaneous causality between the three variables. The study aimed to improve predictions of these monetary variables by understanding these causal relationships.