Purpose: The Iranian banking industry has been greatly affected by dramatic changes in macroeconomic conditions over the past several decades owing to volatile oil revenues, changing fiscal and monetary policies, and the imposition of US sanctions. The main objective of this paper is to...

Purpose – This purpose of this paper is to investigate the existence of cointegration and causality between the stock market price indices of Thailand and its major trading partners (Australia, Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, the UK and the...

Purpose – The Iranian currency (rial) depreciated on average 12.2 per cent per annum against the US dollar during the period 1960-1998 but, despite continued two-digit rates of inflation, the rial has witnessed only a meagre 1.7 per cent fall in its value in the post-1998 era. This paper seeks...

Purpose – The main purpose of this paper is to provide more accurate estimates of Iran's time varying non-accelerating inflation rate of unemployment (NAIRU) than what already exists in the literature. Design/methodology/approach – Using the Kalman filter approach and annual time series data...

Purpose – This purpose of this paper is to investigate the existence of cointegration and causality between the stock market price indices of Thailand and its major trading partners (Australia, Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, the UK and the...

Purpose – The Iranian currency (rial) depreciated on average 12.2 per cent per annum against the US dollar during the period 1960‐1998 but, despite continued two‐digit rates of inflation, the rial has witnessed only a meagre 1.7 per cent fall in its value in the post‐1998 era. This paper...

Purpose – The purpose of this paper is to examine the usefulness of the yield spread for forecasting growth in the Australian economy since 1969. Design/methodology/approach – This paper applies time series analysis to evaluate the in-sample and out-of-sample forecasting power of the...

Purpose – The main purpose of this paper is to provide more accurate estimates of Iran's time varying non-accelerating inflation rate of unemployment (NAIRU) than what already exists in the literature. Design/methodology/approach – Using the Kalman filter approach and annual time series data...