Economics Research

Abstract The relationship between financial markets and the economic growth is a subject that
has obviously been observed by many economists since the lifetime of Joseph Schumpeter.
There have been various analyses and opinions on the development of financial markets and
their effects on economic growth, and various conclusions have been achieved through
experimental studies.
 Some theoreticians view religious and cultural condition of countries as the factors of
satisfactory effects on economical growth. Others believe bureaucracy and political
establishment to be the main causes of such growth, while another group believes that the
economic policy and strategies of each country play roles. The present article emphasizes
the effect of taxes on the relationship between financial markets and economic growth in a
model of endogenous growth. This effectiveness will be analyzed for period of (1992-2008).
In this analysis, the study of panel data of more than 65 countries in the world signifies that
taxes have negative effects and the development of commercial interactions has positive
effects on the relationship between financial markets and economic growth. of Course,
empirical findings of the study do not indicate significant relationship between taxes,
financial markets and economic growth in the middle east countries.

Abstract This paper studies the reciprocal effects of the two important socioeconomic   issues, i.e. inequality of income- health through definition of two indices of health in 30 provinces of the country during 1982-2006. Evaluation of the model in the framework of the said analytical and consolidated data is stable in Pool System and fixed effects method. Although health depends on both factors of average income and income inequality, but based on the investigations, the society health is more influenced by income inequality.  Therefore, we can see more health in the society with lower income inequality. The inter-provincial studies performed in various income groups shows that the income inequality is more effective on health of society in the provinces with high and low income.   The general conclusions gained from social variables indicate that health situation has positive correlation with education or training; health care and number of insured and also health has strong negative correlation with income inequality and finally weak positive correlation with income average.  

Abstract

Abstract This paper is based on a cointegrated I(2) and I(1) variables models money, price, output, real effective exchange rate and interest rates in Iran over period 1990 quarter 1-2006 quarter 4. The empirical findings demonstrated long-run homogeneity between price and money was broken down and the hypothesis of  the stable money demand relationship was  not confirmed in the period, instead of this we found a relation which determines inflation  based on  liquidity ratio and real effective exchange rate. Money supply growth significantly explains output growth in the period. In addition, the paper provides further insights about the effects of financial repression on output and determining the behavior of opportunity cost of money in Iran.