(An) empirical analysis of the relationship between unemployment and GDP in Egypt = 이집트 실업률과 GDP간의 관계에 관한 실증 분석

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The deteriorating economic situation, especially involving unemployment and marginalization of young people, is one of the most common and important reasons for the Egyptian revolts in 2011 and 2013.Many economies suffer from the exacerbated problem of unemployment both quantitatively and qualitatively. Therefore this problem has been attracting the attention of decision-makers, and policy-makers, economists, researchers. This study shows the relationship between the unemployment and GDP in Egypt. Accordingly, the phenomenon of unemployment in Egypt has become a problem that has economic and social dimensions, and clearly reflects the inability of the economic structure, and the imbalance in economic policy. Unemployment leads to a lot of significant social impacts; it destroys the economy in terms of human capacity and dissipates growth opportunities. Finally, through the study of the validity of Okun’s law in Egypt, the result is, the relationship between unemployment and the rate of economic growth in Egypt is inverse and it is significant, with Okun‘s coefficient (beta = -o.42).It has a negative signal to reflect the inverse relationship between the two variables under study. Thus, the policy-makers and decision-makers in Egypt must work with utmost energy, to increase economic growth rates, to ensure high employment rates.
Advisors
Hyun, Jung Soonresearcher현정순researcher
Publisher
한국과학기술원
Issue Date
2017
Identifier
325007
Language
eng
Description

학위논문(석사) - 한국과학기술원 : 금융MBA, 2017.8,[iii, 63 p :]

Keywords

실증 분석▼a경제 성장▼a실업▼aOkun's law▼a이집트 경제▼a개발을 위한 사회 기금 (SDF)▼a중앙 은행 (CB)▼aOLS▼a정적분석▼aADF; empirical analysis▼aeconomicgrowth▼aunemployment▼aokun's law▼aEgyptian economy▼aSocial Fund for development (SFD)▼aCentral Bank (CB)▼aOLS▼aStationary▼aADF

URI
http://hdl.handle.net/10203/242811
Link
http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=719399&flag=dissertation
Appears in Collection
KGSF-Theses_Master(석사논문)
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