Document Type : بحث

Authors

• Mustafa Numaan
• Mamdoh Fehan

Abstract

Degrees of coordination between the two policies in the picture between degrees of coordination between the two policies and their impact on the degree of coordination between the indicators of the two policies and their impact on the public debt rates in Iraq for the period (2004-2019) using the Autoregressive Distributed Lag Model (ARDL)
   The study concluded that there is a co-integration relationship in the long term between the variables (financial and monetary together) and (public debt), as the error correction parameter confirmed at the value (-0.659451) at the level of significance (1%), that is, it is negative and significant, meaning that there is a relationship Joint integration, and this parameter expresses the speed of adjustment between the short and long term, as the value of the error parameter indicates that the short-term imbalance is corrected within (0.659451) of time.

Keywords

• coordination between the two policies
• fiscal policy
• monetary policy
• public debt