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A Structured Vector Autoregressive (VAR) for Iranian Economy

Nasser Khiabani; Jamshid Pajuyan; Akbar Komeyjani

Volume 10, Issue 36 , April 2010, , Pages 87-113

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 ...  Read More