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 … volatility) can have adverse effects on real output, through excessively high and persistent levels of inflation. Lack of …

This study examines money demand and inflation dynamics in the Islamic Republic of Iran using quarterly data for the … long-run money market equilibrium condition is identified and the short-run behavior of the inflation, measured in terms of …/01-2001/02 buoyed the demand for domestic money and contributed to the decline in inflation. Tests of model stability do not point to a …

This Selected Issues paper on Iran focuses on the Targeted Subsidy Reform Law (TSRL). This is the basic law governing … the implementation of the subsidy reform in Iran. The TSRL envisaged bringing subsidized prices close to international … particular emphasis on macroeconomic management. The sharp depreciation of the exchange rate and high inflation significantly …

Iran's unimpressive economic performance came about as a result of the Iran-Iraq War and the inevitable collapse of oil …

and inflation rate in Iran as a developing oil export based economy. I apply two models; the first model is for … investigating the main determinants of domestic prices while the second model considers the main determinants of inflation rate. The … inflation in other developing and developed countries. The results indicate that foreign prices, GDP, exchange rate and the two …

Abstract-The purpose of this paper is to test the hypothesis first documented by [1], that inflation is lower in more … inflation in short-run but its effect in long-run is not significant. …

The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that inflation is lower … inflation. We utilized the ARDL Bounds test approach to level relationship proposed by Pesaran et al. (2001) for Iranian annual … variables for both specification. The results show that openness has a negative and significant effect on inflation in short …

Mahmoud Ahmadinejad became Iran’s sixth president after winning the 2005 presidential election by popular vote. He … the Union speech that put Iran a part of an axis of evil. …