260 JOURNAL ECONOMICSAND FINANCE 9 Volume28 9 Number 2 9 Summer 2004 OF THE CAUSAL RELATION BETWEEN GOVERNMENT REVENUE AND SPENDING: EVIDENCE FROM EGYPT AND JORDAN By Bassam AbuAI-Foul and Hamid Baghestani* Abstract In investigating the causal relation between government revenue and spending‚ our empirical results support the tax-and-spend hypothesis for Egypt and the fiscal synchronization hypothesis for Jordan. Breaking away from these historical trends is essential for both countries to
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ideas‚ in fact‚ rooted in the education they receive for the better part of their lives. The topic will be comparing between private and government educations in Egypt‚ this particular topic were chosen because iam familiar with it and have a background‚ also it’s interested. In the following lines I will discuss what education‚ the foundation of education in Egypt‚ the deferent between education in past and now days. Although the central focus of this paper will be education in universities‚ still
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paper is about the differences between Rome and Athens government. A fair warning about this paper that it is extremely boring. I know you have better things than to read my useless paper‚ however‚ try to stay with me on this one‚ after this we move on to middle ages‚ which is way better than this. Athens and Rome with their similar styles of governing shaped the world‚ spreading culture and influence‚ however‚ there is contrast is in their systems of government. I hope you have a coffee to keep
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Hedge Fund Strategies Problem Set: Backtesting the Carry Trade (Macro Strategies) Prof. Andrea Frazzini In this problem set‚ you backtest the currency carry trade using the data provided in the accompanying Excel spreadsheet. You can do the problem set using Excel or any other program of your choice. Please answer in the space provided (no more than three pages for questions 1-6). 1. For each month of the sample‚ rank the countries based on their interest rate (hint: Excel has a function
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U. S. Generally Accepted Accounting Principles (U. S. GAAP) and International Financial Reporting Standards (IFRS) There are numerous companies that use different types of accounting standards or rules. International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles the most popularly used by companies. IFRS is a set of accounting standards that provides a global framework for how public companies prepare and disclose their financial statements. The U.S. Generally
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analyzing the relationship between Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) I realized that both play an important role in the accounting field. There are different objectives for each board and I will explain the similarities and differences. I will describe the role of government regulation in the application of accounting standards and reporting requirements. Finally‚ I will present a situation in a governmental accounting environment in which FASB
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ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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Vananh Ly Women’s Rights: Broadened or Restricted? Women’s rights have been a highly controversial topic throughout Islamic history. Historians to this day argue whether Islam broadens or restricts them. Some argue that women’s rights have expanded because they are considered equals in God’s eyes‚ are allowed to vote‚ and the government has attempted to broaden women’s rights. However‚ previous women rights have been taken away‚ laws favor men‚ and women are commonly valued for appearances.
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SIGNIFICANT DIFFERENCES BETWEEN ACCOUNTING AND OIL AND GAS OPERATIONS AND THE CONVENTIONAL ACCOUNTING FOR MANUFACTURING OR MECHANIZE OPERATION. By Demoore Suleman ----------------------- Conventional Manufacturing Account 1.Definition: Manufacturing account‚ the term I use to describe business organizations engaged in the manufacture of goods for sale. These company maintain a manufacturing account. 2. Cost Method: Expenses are the cost of unsold products and are reported as assets. These
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ceased to exist‚ and would not have carried it’s ideals to post-classical civilizations. Rome had a successful and functioning government that help established its power‚ grandeur‚ and impressive knowledge of the arts. Within society it is vital to have a dependable and structured government as to prevent uproar and rebellion. The importance of a stable and powerful government is portrayed in the literary work Lord of the Flies and the idealization of political rulers and the subordination of subjects
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