Valadkhani, Abbas - School of Accounting, Economics, and Finance, … - 2006
This paper examines the major causes of Iran’s unemployment conundrum using a simultaneous-equation model and annual … time series data from 1968 to 2000. It is found that the rate of unemployment responds positively to output gap and … that there exists a degree of trade-off between inflation and unemployment. However, since persistent and soaring inflation …