The Political Economy of Growth-Inflation Transmission: The Case of Iran
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| 024 | 7 | 0 | |a 10.2202/1475-3693.1023 |2 doi |
| 035 | |a (NATIONALLICENCE)gruyter-10.2202/1475-3693.1023 | ||
| 245 | 0 | 4 | |a The Political Economy of Growth-Inflation Transmission: The Case of Iran |h [Elektronische Daten] |c [Edmund Khashadourian, Abbas P Grammy] |
| 520 | 3 | |a After detrending Iran's growth rates into stochastic and deterministic components and by decomposing nominal shocks into inflation and real output growth, 80% of the demand side shocks are found to be absorbed by price increases. This finding would cast doubt on the compatibility between inflation and growth targets outlined in the third five-year economic plan of the country. The simulation results here suggest that if the plan were constrained to a 6% real growth target, Iran's chronic double-digit inflation rate would further accelerate. Hence, expansionary policies aiming at achieving the plan's targets would move the economy along a near-vertical line Phillips curve. | |
| 540 | |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston | ||
| 690 | 7 | |a JEL Classification: E3 |2 nationallicence | |
| 690 | 7 | |a O2 |2 nationallicence | |
| 690 | 7 | |a O53 |2 nationallicence | |
| 690 | 7 | |a inflation |2 nationallicence | |
| 690 | 7 | |a real output growth |2 nationallicence | |
| 690 | 7 | |a stagflation |2 nationallicence | |
| 690 | 7 | |a structural shift |2 nationallicence | |
| 690 | 7 | |a trend analysis |2 nationallicence | |
| 690 | 7 | |a plan targets |2 nationallicence | |
| 700 | 1 | |a Khashadourian |D Edmund |u University of Phoenix |4 aut | |
| 700 | 1 | |a Grammy |D Abbas P. |u Department of Economics, California State University |4 aut | |
| 773 | 0 | |t Review of Middle East Economics and Finance |d De Gruyter |g 2/2(2004-08-01), 22-34 |q 2:2<22 |1 2004 |2 2 |o rmeef | |
| 856 | 4 | 0 | |u https://doi.org/10.2202/1475-3693.1023 |q text/html |z Onlinezugriff via DOI |
| 908 | |D 1 |a research article |2 jats | ||
| 950 | |B NATIONALLICENCE |P 856 |E 40 |u https://doi.org/10.2202/1475-3693.1023 |q text/html |z Onlinezugriff via DOI | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Khashadourian |D Edmund |u University of Phoenix |4 aut | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Grammy |D Abbas P. |u Department of Economics, California State University |4 aut | ||
| 950 | |B NATIONALLICENCE |P 773 |E 0- |t Review of Middle East Economics and Finance |d De Gruyter |g 2/2(2004-08-01), 22-34 |q 2:2<22 |1 2004 |2 2 |o rmeef | ||
| 900 | 7 | |b CC0 |u http://creativecommons.org/publicdomain/zero/1.0 |2 nationallicence | |
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| 949 | |B NATIONALLICENCE |F NATIONALLICENCE |b NL-gruyter | ||