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This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
Iran in the post sanctions era. The aim of this paper is to find these mentioned relationships by using the Johanesen … cointegration approach, the VECM Granger causality test, Generalized impulse responses functions and variance decomposition in Iran …-renewable energy consumption to economic growth in Iran. The variance decomposition highlights that economic growth changes are …
Persistent link: https://www.econbiz.de/10012992709
Iran's unimpressive economic performance came about as a result of the Iran-Iraq War and the inevitable collapse of oil …
Persistent link: https://www.econbiz.de/10008694164
This paper investigates the effects of exchange rate volatilities on economic growth of Iran over the flexible exchange …
Persistent link: https://www.econbiz.de/10011110892
Iranian government budget on military over the last decade has been higher than the average of the world. The current increasing international sanctions aim to reduce the military capabilities and capacities of the Iranian government. In this study, we analyze the response of the Iranian economy...
Persistent link: https://www.econbiz.de/10009402068
This paper uses the Dornbusch and Edwards (1990) analytical framework to investigate the macroeconomic populism in Iran …
Persistent link: https://www.econbiz.de/10005025713
The capital structure of firms that face restrictions on liquidity (i.e. that cannot hedge continuously) is affected by the agency costs and moral-hazard implicit in the contracts they establish with stockholders and customers. It is demonstrated in this paper that then an optimal level of...
Persistent link: https://www.econbiz.de/10013159445
Financial sector companies are different from those in the real sector. In the real sector the price for consumer goods and services is a price reflecting all costs which have been made to produce the output. Profits reflect the difference between the sales price and the costs base. The...
Persistent link: https://www.econbiz.de/10011259435
This research is aimed at assessing the impact of the stock market capitalization and the banking spread in per capita economic growth (as a proxy of economic development) in the major Latin American economies during the period 1994-2012. To do this, a panel data model is estimated with both...
Persistent link: https://www.econbiz.de/10011109424
This paper analyzes the effects of financial sector deepening on economic growth using a province-level data set for 1996-2001 on Turkey. This period is associated with a weakly regulated and relatively unsupervised expansion of the banking sector which led to the 2001 financial crisis. Contrary...
Persistent link: https://www.econbiz.de/10005621896