An Analysis of Household Demand Absorption as a financial asset against Inflation volatility in IRAN
Subject Areas : Financial Economics
بیژن
باصری
1
(گروه اقتصاد، دانشگاه آزاد اسلامی،تهران مرکزی،تهران،ایران،)
غفار
کیانی
2
(دانش آموخته گروه اقتصاد،دانشگاه آزاد اسلامی،تهران مرکزی،تهران،ایران)
محمود
ملکی پور
3
(گروه حسابداری، دانشگاه آزاد اسلامی،تهران مرکزی،تهران،ایران)
Keywords: G12, E22, JEL Classification: G10,
Abstract :
Today’s Financial Stability plays a vital role in economic performance. Financial Stability influences prices and change asset composition in household portfolio. The aim of this paper is to examine various component of household demand as a financial non-tradable asset in compare with some selected countries experiences. Based on OLS Method we estimate household income demand elasticity’s in 31 provinces in Iran during 2011-2018.The findings show characters of stability and certainties of household as a consumer and permanent asset plays a vital role against inflation volatility. The low knowledge of individuals in financial markets (stock market, gold, options, futures…) low skills, the lack of professionally, huge volatility in stock market plays on individual households asset demand. In addition, historical, cultural dependency and interfere of financial institutional affected household demand.
یادداشتها
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