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The Impacts of Nominal Shocks on Real Wage of Industrial Sector in Iran

Somayeh Khanjari; Masud Homayounifar

Volume 11, Issue 41 , July 2011, , Pages 97-110

Abstract
  In this research ,the impacts of nominal shocks (money supply) on real wage in the industrial sector of  Iran has been investigated for period 1981-2008. The model that we have used in this study is Vector Autoregressive Model.According to the results of Johansen test, a long run (cointegrated) ...  Read More