Work

The Multidimensional Impact of Inflation: A Panel Data Analysis of Socioeconomic Effects in North African Countries

Year: 2025

Type: article

Abstract: This article analyzes the macro-social effects of inflation in Morocco, Tunisia, Algeria, Egypt and Mauritania over 1990–2023 using a panel ‎VAR with system-GMM. We document that moderate inflation is associated with higher GDP growth and lower unemployment in the ‎short run, while it depresses real consumption per capita (our poverty proxy), implying higher poverty in the absence of compensating so‎cial policies. Inflation also crowds out investment, consistent with risk and cost channels. These results highlight the need to contain infla‎tion volatility and shield vulnerable households, while preserving a price environment supportive of activity‎.

Source: International Journal of Accounting and Economics Studies

DOI: 10.14419/vk7s9x48

Authors: Oumari Loubna, Adamou Illou Mohamed, Es-Salmani Mourad, Es-Sanoun Mohamed

Institution: Sidi Mohamed Ben Abdellah University

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W4414967847

FWCI:

Cites:

Cited by:

Related to: