Inflation and Cost Push in Iran's Economy
Publish place: Iranian Economic Review Journal، Vol: 17، Issue: 3
Publish Year: 1392
نوع سند: مقاله ژورنالی
زبان: English
View: 91
This Paper With 24 Page And PDF Format Ready To Download
- Certificate
- من نویسنده این مقاله هستم
استخراج به نرم افزارهای پژوهشی:
شناسه ملی سند علمی:
JR_IER-17-3_001
تاریخ نمایه سازی: 21 مهر 1402
Abstract:
There have been two broad theories of inflation, namely the demand-pull theory of inflation (that is nowadays mainly the monetary theory of inflation) and the cost-push theory of inflation. The mainstream macroeconomics views inflation as a monetary phenomenon in the long run. Iran has experienced double-digit rates of inflation for about four decades. Our main aim is an explanation for the long-run movements in the rate of inflation. We have used the raw data and the filtered data on the rate of inflation and the growth rate of the money supply to show that there is a long-run relationship. Also, we have used cointegration VAR method to show that there is a long-run relationship between the price level and the money supply but not between the price level and the cost-push factors. The empirical findings are not inconsistentwith the monetary theory of inflation in Iran.
Keywords:
Authors
Teymur Rahmani
Faculty of Economics, University of Tehran, Tehran, Iran.
Saman Fallahi
Faculty of Economics, University of Tehran, Tehran, Iran.
Christian Dreger
Member of Monetary Expert Panel (European Parliament), Germany.
مراجع و منابع این Paper:
لیست زیر مراجع و منابع استفاده شده در این Paper را نمایش می دهد. این مراجع به صورت کاملا ماشینی و بر اساس هوش مصنوعی استخراج شده اند و لذا ممکن است دارای اشکالاتی باشند که به مرور زمان دقت استخراج این محتوا افزایش می یابد. مراجعی که مقالات مربوط به آنها در سیویلیکا نمایه شده و پیدا شده اند، به خود Paper لینک شده اند :