Do central banks in Eastern European countries react asymmetrically and in a non-linear fashion to changes in inflation … and output? We tackle this question by expanding the standard Taylor reaction function for the four inflation targeting … countries Czech Republic, Hungary, Poland and Romania. We do so taking explicitly inflation rates below or above target and …

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 …

High and volatile inflation has been an endemic economic and social issue in Iran that has contributed to rising … long-term determinants of inflation in Iran over the past two decades and identify policy options to curb it. Using … poverty and social tensions. For policymakers to effectively address the inflation problem, it is critical to understand its …