تعداد نشریات | 25 |
تعداد شمارهها | 475 |
تعداد مقالات | 4,927 |
تعداد مشاهده مقاله | 7,250,135 |
تعداد دریافت فایل اصل مقاله | 4,879,569 |
Revisiting the Effects of Growth Uncertainty on Inflation in Iran:An Application of GARCH-in-Mean Models | ||
International Journal of Business and Development Studies | ||
مقاله 7، دوره 3، شماره 1، زمستان 2011، صفحه 123-140 اصل مقاله (152.98 K) | ||
نوع مقاله: Research Paper | ||
شناسه دیجیتال (DOI): 10.22111/ijbds.2011.1297 | ||
چکیده | ||
This paper investigates the relationship between inflation and growth uncertainty in Iran for the period of 1988-2008 by using quarterly data. We employ Generalized Autoregressive Conditional Heteroscedasticity in Mean (GARCH-M) model to estimate time-varying conditional residual variance of growth, as a standard measures of growth uncertainty. The empirical evidence shows that growth uncertainty affects the level of inflation. This result is in line with Feizi Yengjeh (2010), supporting Deveraux (1989) hypothesis. | ||
کلیدواژهها | ||
Growth Uncertainty؛ Inflation؛ GARCH-M models؛ Iran | ||
آمار تعداد مشاهده مقاله: 1,456 تعداد دریافت فایل اصل مقاله: 2,054 |