Subject Areas : Financial Economics

میر حسین موسوی ¹ , علی شهابی ^{2 *} , معصومه نعمت پور ³

1 - استادیار دانشکده علوم اجتماعی و اقتصادی دانشگاه الزهرا، تهران، ایران.
2 - محقق اداره بررسی‌های اقتصادی بانک مرکزی، دانشجوی دکتری اقتصاد دانشگاه علامه طباطبایی، تهران، ایران.
3 - کارشناس ارشد اقتصاد.اداره تشکیلات بانک سپه – ، تهران، ایران.

Received: 2014-07-12 Accepted : 2014-09-12 Published : 2014-12-06

Keywords: E44, E51, E52, G21, Keywords: Money, money supply, Financial Development, Banks Branches Classification JEL : E40,

References:

1)    نوفرستی، محمد (1378). "ریشه واحد و همجمعی در اقتصادسنجی"، موسسه خدمات فرهنگی رسا، تهران. چاپ اول.

2)    گزارش های اقتصادی و ترازنامه سالهای مختلف بانک مرکزی

3)    Andrei A .Levchenko & Quy-Toan Do.” Trade and Financial Development ", the World Bank MIT April(2004)

4)    Cagan, Phillip. 1956. “The Monetary Dynamics of Hyperinflation”. In Studies in the Quantity Theory of Money, edited by M. Friedman. Chicago: University of Chicago Press.

5)    M. Friedman and A.J. Schwartz (1963)" A Monetary History of the United States", 1867-1960. 1971 edition, Princeton: Princeton University Press.

6)    M. Friedman and A.J. Schwartz (1963) "Money and Business Cycle", Review of Economics and Statistics, Vol. 30, p.32-64.

7)    Goldfeld, S. (1966). "Commercial Bank Behavior and Economic Activity". North Holland.

8)    Goldsmith Raymond w. (1969). “Financial structure and development”. New haven CT: Yale U. Press.

9)    Gosh A. and P. Steven. “Warning: Inflation May Be Harmful to your Growth” IMF staff papers. Vol .45. No4. December (1998).

10) Harry G. Johnson (1971). "The Keynsian Revolution and the Monetarist Counter-Revolution", The American Economic Review, Vol. 61, No. 2

11) Hendershott, P.H., and F. De Leew, (1970). "Free Reserves, Interest Rates, and Deposits: A Synthesis, " Journal of Finance.

12) Javier Andres Ignacio Hernando and J.David Lopez-salido" The Role of The Financial System in the Growth-Inflation Link: The OECD Experience" Banco de Espaňa. Alcala 50. 28014 Madrid. Spain (2002)

13) King R.G. and Levine.” Finance entrepreneurship and growth- theory and evidence” journal of monetary economics Vol. 32(1993) pp.513-542.

14) K. Brunner and A.H. Meltzer (1963) "Predicting Velocity: Implications for theory and policy", Journal of Finance, Vol. 18, p.319-54.

15) Levine R. and S. Zervos. “Stock marketsBanks and economic growth” American Economic Review Vol. 88 pp.537-558 (1998).

16) Modigliani, F., R. Rasche, & J.P. Cooper, (1970). "Central Bank Policy and the Short Term Rate of Interest," Journal of Money, Credit, and Banking, 166-218.

17) Mohsin S. Khan “Inflation Financial Deepening, and Economic Growth” Mexico city November 12-13 (2002)

18) Patrick Hught. “Financial Development and Economic Growth in Underdeveloped countries” Cult chage Jan 1966. PP 178-89

19) RajanR.G and Zingales. “Financial Dependence and growth” American Economic Review Vol. 88 pp.559-586 2001.

20) Robert F. Engle; C. W. J. Granger"Co-Integration and Error Correction: Representation, Estimation, and Testing".Econometrica, Vol. 55, No. 2. (Mar., 1987), pp. 251-276

21) Ross Levine “ Financial development and Economic Growth: Views and Agenda” Journal of economic Literature VOL. XXXV(June 1997) pp. 688-726

22) Sarjent&walas(1973),Journal of Political Economy   Vol. 83, No. 2, Apr., 1975

23) Smith, L.B. & J. W. L. (June 1971), "Price and Interest Rate Expectations and the Demand for Money in Canada", Journal of Finance, 671-82.

24) Teigen, R. L., (October 1964). " Demand and Supply Functions for Money in united States," Econometrica.