caa a22 4500 378911902 CHVBK 20180305123543.0 cr unu---uuuuu 161128e20040801xx s 000 0 eng 10.2202/1475-3693.1023 doi (NATIONALLICENCE)gruyter-10.2202/1475-3693.1023 The Political Economy of Growth-Inflation Transmission: The Case of Iran [Elektronische Daten] [Edmund Khashadourian, Abbas P Grammy] 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. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston JEL Classification: E3 nationallicence O2 nationallicence O53 nationallicence inflation nationallicence real output growth nationallicence stagflation nationallicence structural shift nationallicence trend analysis nationallicence plan targets nationallicence Khashadourian Edmund University of Phoenix aut Grammy Abbas P. Department of Economics, California State University aut Review of Middle East Economics and Finance De Gruyter 2/2(2004-08-01), 22-34 2:2<22 2004 2 rmeef https://doi.org/10.2202/1475-3693.1023 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1475-3693.1023 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Khashadourian Edmund University of Phoenix aut NATIONALLICENCE 700 1- Grammy Abbas P. Department of Economics, California State University aut NATIONALLICENCE 773 0- Review of Middle East Economics and Finance De Gruyter 2/2(2004-08-01), 22-34 2:2<22 2004 2 rmeef CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter