Showing 1 - 10 of 22
It is an open question whether and how indexed wage contracts reduce welfare or raise average inflation. This paper analyzes the impact of indexed wage contracts on inflation and social welfare in a Barro Gordon model with discretionary monetary policy by endogenizing social costs of indexation....
Persistent link: https://www.econbiz.de/10011505896
effects of oil exports are taken into account, the estimates support output growth convergence between Iran and the rest of …, which could be partly due to the relatively underdeveloped nature of Iran's financial markets. -- growth models ; long run …
Persistent link: https://www.econbiz.de/10003897747
This study examines how the quality of political institutions affects the distribution of the government budget in Iran …
Persistent link: https://www.econbiz.de/10011342383
This paper investigates the global macroeconomic consequences of country-specific oil-supply shocks. Our contribution is both theoretical and empirical. On the theoretical side, we develop a model for the global oil market and integrate this within a compact quarterly model of the global economy...
Persistent link: https://www.econbiz.de/10010528313
1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance in the Iranian … revenues when managed appropriately are a blessing, but their volatility (which in Iran is much higher than oil price …
Persistent link: https://www.econbiz.de/10009707616
subsequent taxation in Iran. We use rich micro survey data covering more than 36,000 Iranian households in 2009. Our micro …
Persistent link: https://www.econbiz.de/10010361509
development of government spending in major sections shapes the political institutions in Iran. This question has become … especially important due to recent international sanctions, aiming to change the political behavior of Iran. We use the impulse … provision spending in Iran. The results imply that a shock in positive changes of democratic quality of institutions leads to …
Persistent link: https://www.econbiz.de/10010237187
index of smuggling in Iran from 1970 to 2002. The Multiple Indicators - Multiple Causes (MIMIC) econometric modelling is … incentives for illegal trade. More trade openness accompanies more illegal trade for the case of Iran. On average, the relative … size of smuggling is about 13% of the total trade in Iran. The absolute amount of smuggling per year is about $3 billion …
Persistent link: https://www.econbiz.de/10003751126
Persistent link: https://www.econbiz.de/10003397221
We study the effect of a corruption reflection index on internal conflict in Iran using a novel measure of corruption …
Persistent link: https://www.econbiz.de/10012803751