Public Debt, Oil Rent, and Financial Development in MENA Countries: A Fractional Response Model Approach (FRM)

The rapid accumulation of public debt raises global concern over its implications for financial markets. This study examines the effect of domestic public debt on financial development in Middle East and North Africa (MENA) countries, a region marked by sharp heterogeneity in institutions, debt dyna...

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Bibliographic Details
Published in:Economies
Main Authors: Mashael Fahad Alkhurayji, Hamed Mohammed Alhoshan
Format: Article
Language:English
Published: MDPI AG 2025-10-01
Subjects:
public debt
financial development
fractional response model
MENA countries
oil rents
resource dependence
Online Access:https://www.mdpi.com/2227-7099/13/10/288

Internet

https://www.mdpi.com/2227-7099/13/10/288

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