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 …

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. …

approach proposed by Pesaran, Shin, and Smith (2001) to study the short- and long-run effects of bank credit on inflation in … Iran, a country with some history of interest-free banking system. Secondly, we examine how institutional and cultural … in Iran. The approach we have used in this paper is capable of testing the existence of long run relations regardless of …

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 …

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 …