Publications

2025

1. Assessing the effect of Financial Inclusion on Poverty Reduction: A PSM Analysis in Morocco

H OUAKIL, H ASSALIH, H EL OUAZZANI, A MOUSTABCHIR, Review of Economics and Finance (2025). https://doi.org/10.55365/1923.x2024.22.20

2. Energy price shocks and current account balances: what role for economic structure, energy dependency and renewable energy development?
   R NASHI, H OUAKIL, Sustainable Futures (2024).  https://doi.org/10.1016/j.sftr.2024.100402

2024

1. Monetary Policy and Economic Stability: a DSGE Approach to Trend Inflation in Morocco

H EL OUAZZANI, H OUAKIL, A MOUSTABCHIR, Journal of Statistics and Economy (2024). https://doi.org/10.54694/stat.2024.10

2. Modeling the Circular Economy in Food Production: Insights from a Dynamic Stochastic General Equilibrium Analysis
   A MOUSTABCHIR, H OUAKIL, H EL OUAZZANI, Scientific African journal (2024). https://doi.org/10.1016/j.sciaf.2024.e02479

3. Évaluation d’impact de l’accès aux microcrédits sur la pauvreté au‎ Maroc: Analyse par la méthode de PSM et de l'IPTW‎

H LECHHEB, H OUAKIL, M OUBOUHOUCH. Alternatives Managériales Economiques 6 (4), 783-802

4. Understanding the Role of Income in Personal Happiness: A Comprehensive PSM Analysis in the United States

H OUAKIL, T LAKHAL, H EL OUAZZANI, A MOUSTABCHIR. The Pakistan Development Review, 63(3), 399–416.

5. Investissements directs étrangers et pollution au Maroc : analyse asymétrique via le modèle NARDL

H OUAKIL, H LECHHEB, H EL OUAZZANI, A MOUSTABCHIR. Revue "Repères et Perspectives Economiques" Vol. 8/N° 2/ septembre2024

6. Aligning Public Spending and Taxes in the Moroccan Economy: A Dynamic General Equilibrium Model analysis

A El Khalifi, H Ouakil, MPRA Paper No. 121891, posted 05 Sep 2024 02:59 UTC. Online at https://mpra.ub.uni-muenchen.de/121891/

7. Fiscal policy in the face of the health crisis: A simulation using a hybrid DSGE-SIR model

H OUAKIL, A MOUSTABCHIR, H Lechheb, H EL OUAZZANI, Journal of African Development Review (2024). https://doi.org/10.1111/1467-8268.12773

8. Unconventional Monetary Policy Response to Covid-19 and Its Impact on Inflation in Morocco

H OUAKIL, A MOUSTABCHIR, H EL OUAZZANI, Journal of Statistics and Economy (2024). https://doi.org/10.54694/stat.2024.8

9. Why do Moroccan banks securitize?

Z SALHI, M BAROUDI, H OUAKIL, Journal of Managerial Finance (2024). https://doi.org/10.1108/MF-12-2023-0773

10. Monetary Policy and Unemployment in Morocco: A DSGE Model Approach with Labor Market Frictions and Nash Wage Bargaining

H EL OUAZZANI, H OUAKIL, A MOUSTABCHIR, Journal of Quantitative Economics (2024). https://doi.org/10.1007/s40953-024-00415-9

11. Estimation de l'élasticité de substitution entre le capital et le travail de l’économie africaine: Une analyse en données de panel

M HOSNI, H OUAKIL, Alternatives Managériales Economiques 6 (4), 247-269

12. Efficiency and Welfare Effects of Fiscal Policy in Emerging Economies: The Case of Morocco

A El Khalifi, H Ouakil, JL Torres, International Economic Journal, 1-24. https://doi.org/10.1080/10168737.2024.2380455

13. Measuring the impact of the African Continental Free Trade Area (AfCFTA) on intra-regional intermediate exports in Africa: A matching approach
    H OUAKIL, H EL OUAZZANI, A MOUSTABCHIR

14. Foreign exchange risk associated with debt: Application of the VaR approach to Morocco's foreign debt portfolio
    N BELFATMI, H OUAKIL, African Scientific Journal 3 (23), 427-427

15. A DSGE model approach to examining the impact of the Russian–Ukrainian War and oil shocks on the Moroccan economy
    A MOUSTABCHIR, H OUAKIL, H EL OUAZZANI, H Lechheb, Journal of African Development Review (2024). https://doi.org/10.1111/1467-8268.12741

16. Évaluation de l'impact du microcrédit sur la consommation des bénéficiaires au Maroc: Une approche d'appariement (PSM)
    H EL OUAZZANI, H OUAKIL, A MOUSTABCHIR, Alternatives Managériales Economiques 6 (1), 718-735

17. Impact des chocs pétroliers sur les marchés boursiers de la région MENA: Analyse par le modèle VAR
    Z SALHI, Z ELHACHIMI, H OUAKIL, Alternatives Managériales Economiques 6 (1), 127-145

2023

1. Vaccination, treatment and containment policy to reduce the effects of the COVID‐19 pandemic in Morocco
   A MOUSTABCHIR, H OUAKIL, African Development Review 35 (4), 351-364. https://doi.org/10.1111/1467-8268.12714

2. Monetary policy through the pandemic loans instrument to address the effects of COVID-19: hybrid financial DSGE-SIR
   A MOUSTABCHIR, H OUAKIL, H EL OUAZZANI, Repères et Perspectives Economiques 7 (2)

3. Impacts macroéconomiques des instruments budgétaires au Maroc: Une simulation DSGE
   H EL OUAZZANI, H OUAKIL, A MOUSTABCHIR, Alternatives Managériales Economiques 5 (2), 455-474

4. Impacts économiques de la covid-19 sur l’économie marocaine: simulations à travers un modèle hybride Saines-infectés-rétablis et le modèle économique keynésien (SIR-NKM)
   A MOUSTABCHIR, H OUAKIL, Repères et Perspectives Economiques 7 (1)

5. A simulation of the macroeconomic effects of the Russia–Ukraine War on the Moroccan economy using the DSGE model
   H EL OUAZZANI, H OUAKIL, A Moustabchir, African Development Review. https://doi.org/10.1111/1467-8268.12726

2022

1. Efficiency and Welfare Effects of Fiscal Policy in Emerging Economies: The Case of Morocco
   A El-KHALIFI, H OUAKIL, JL Torres

2. The Appropriation of the Agile Approach in Public Sector: Modeling the Achievement of Good Governance
   M HAJJAJ, H LECHHEB, H OUAKIL, International Conference on Advanced Intelligent Systems for Sustainable …

3. COVID-19 Pandemic and High Health Risk as a New Controlling Force of Travel Motivation and Tourism Chain Value
   M Boukherouk, H OUAKIL, AE Filali, Transcending Borders in Tourism Through Innovation and Cultural Heritage …

4. Impacts macroéconomiques des chocs de taxation au Maroc: Une analyse DSGE
   A MOUSTABCHIR, H OUAKIL, Repères et Perspectives Economiques 6 (1)

2021

1. Transcending Borders in Tourism Through Innovation and Cultural Heritage
   V Katsoni, AC Şerban, Publisher Springer Nature Switzerland AG, Gewerbestrasse 11, 6330

2. Sectoral water footprint dynamics: An input-output structural decomposition analysis for Morocco
   A Achraf, S Boudhar, H LECHHEB, H OUAKIL, E3S Web of Conferences 234, 00041

2020

1. Modelling financial inclusion using a panel macroeconomic approach: evidence from african countries
   A Hicham, H OUAKIL, European Journal of Economic and Financial Research 4 (3)

2. Essai de modélisation du taux de change réel marocain
   N BELFATMI, H OUAKIL, International Journal of Accounting, Finance, Auditing, Management and Economics

3. Les pandémies entre exigences de santé publiques et contraintes économiques
   H OUAKIL, H LECHHEB, La Vie....à l'ère du coronavirus "Covid-19" 434, 70-81

4. Le travail décent entre les exigences de l’efficacité économique et l’impératif du développement humain et de cohésion sociale
   D BOUACHRINE, FE ESSAF, H OUAKIL, Moroccan Journal of Entrepreneurship, Innovation and Management 5 (1), 87-96

5. COVID-19 au Maroc: situation sanitaro-épidémiologique et actions de l’Etat
   H LECHHEB, H OUAKIL, Journal d’Economie, de Management, d’Environnement et de Droit 3 (3), 22-33

2019

1. Economic Growth, Poverty, and Income Inequality
   H LECHHEB, H OUAKIL, Y JOUILIL, The Journal of Private Equity 23 (1), 137-145

2. La dynamique de la soutenabilité de la dette publique face au choc de taux de croissance/The dynamics of sustainability public debt facing the shock of growth rate
   N BELFATMI, H OUAKIL, European Journal of Economic and Financial Research

3. Health insurance for the poor: impact assessment of Morocco’s RAMED plan on healthcare consumption using a household panel survey data
   Y JOUILIL, H LECHHEB, H OUAKIL, European Journal of Economic and Financial Research

4. Commerce et distribution
   H OUAKIL, Made in Maroc Made in Monde 401, 381-402

5. Les créances bancaires en souffrance: Evolution et analyse
   H OUAKIL, H ASSALIH, Revue du contrôle, de la comptabilité et de l’audit 3 (4)

6. Impact Assessment of RAMed Medical Health Insurance on Access to Healthcare Using Instrumental Approach
   H OUAKIL, H LECHHEB, J Youness, Business and Economic Research 9 (3), 150-164

2018

1. Évaluation des politiques publiques: Outil efficace au service du développement
   H LECHHEB, H OUAKIL, Y JOUILIL, Revue du contrôle, de la comptabilité et de l’audit 2 (3)

2. Dépenses et utilisation de soins de santé: Une revue de littérature théorique et empirique
   Y JOUILIL, H LECHHEB, H OUAKIL, European Scientific Journal November 2018 edition Vol 14