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Keywords = Asymmetric Effects
Number of Articles: 2
Asymmetric Effects of Oil Shocks on Government Expenditures and Investment: An Application of Murk Rule
Volume 13, Issue 50 , October 2013, , Pages 123-141
Abstract
Oil revenues play an important role in the political economy of Iran. In this study we analyze the asymmetric effects of oil price shocks on government expenditures and investment for the period of 1978-2008. We Apply the VAR model and impulse response functions (IRFs). The main result shows that oil ... Read MoreAsymmetric Effects of Oil Income Growth on Inflation in Iran: VECM Approach
Volume 12, Issue 45 , July 2012, , Pages 201-226