Prof. Dr. Talib Hussein Fares Al-Kareeti

Researcher. Maitham Khudayr Jawad Al-Lissary 


    Saudi economy from economies that possess a large and especially oil wealth and that’s what make the economy depends on oil revenues which make the economy more vulnerable to oil price shocks, as the public spending depends on the size of the oil revenues in hard currency and in the case of low oil prices lead to lower the size of the revenue thus influence the size of government spendingThis research starts from the premise that is based on: the oil shocks in the economy under the oil revenues affect the effectiveness of monetary policy in achieving economic development and achieve the goals of stability because of the fluctuation of the most important sources of financing spending in the economy In order to verify this hypothesis, the department study the structure into three sections, the first section dealt with the theoretical framework of fiscal policy. The second topic dealt with fiscal policy variables and variables stability of the Saudi economy third. As the analysis dealt with measuring the effectiveness of fiscal policy in the shade oil shocks in the Saudi economy, as well as review the results of the standard models used in this study and of Bonmozj autoregressive VAR, which depends on test stability of time-series and then after that the joint integration testing to determine if there was a long run equilibrium relationship between the variables. Add to that has been the use of pulse functions IRF response and analysis of variance component

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