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 …

deficit-inflation relationship is not always obvious and it is different between countries. Since government of Iran has … relationship between budget deficit and inflation in Iran. At the end, we obtained volatility of budget deficit by using GARCH … consistently run its economy with a budget deficit and high inflation, this paper re-investigate the deficit-inflation nexus in the …