List of Articles Money Demand

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  1 - The hidden variable and volatility of Iran's money demand function
  farshad parvizian alireza erfani
  10.30495/ecomag.2023.706727
  The Effectiveness of Monetary Policy Is Dependence with Shape, Stipulated and Stability the Functions of Money Demand and Liquidity. The Formation of Expected Inflation, can Be a Function of Knowledge, Information and Even Personal Understanding Based on Mental Patterns More

  The Effectiveness of Monetary Policy Is Dependence with Shape, Stipulated and Stability the Functions of Money Demand and Liquidity. The Formation of Expected Inflation, can Be a Function of Knowledge, Information and Even Personal Understanding Based on Mental Patterns of Individuals from the Published Data Issue. The Economic Actors, Based on Expectations of Prices in the Future, Based on Knowledge and Information from the Economy, Deciding they Needed Information from Various Sources Directly or from the Media .In This Research, with the Introduction of the New Variable , the Presence of the Chairman of the Central Bank in the Media, the Demand Functions for the Short and Long Term for the Volume of Money M1, and Liquidity M2, Using Monthly Data of IRAN and Its Approach and Explain, Distributive ARDL Estimates we have. The Results Showed that the Entry Variable, the Presence of the Head of the Central Bank in the money demand Function, Causing Instability, this function will Be. Manuscript profile
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  2 - The relationship between exchange rate overshooting and currency substitution in Iran’s economy
  Seyed Mansour  Heshmati Sanzighi Rahman Saadat Esmaeil Abounoori
  When a country's domestic currency fails to fulfill its roles, foreign currency often replaces it, a phenomenon known as currency substitution. This is particularly common in developing countries and influenced by both economic and political factors. One significant eco More

  When a country's domestic currency fails to fulfill its roles, foreign currency often replaces it, a phenomenon known as currency substitution. This is particularly common in developing countries and influenced by both economic and political factors. One significant economic aspect affecting currency substitution is exchange rate overshooting. The main objective of this study is to investigate the relationship between exchange rate overshooting and currency substitution in Iran. Utilizing the Kamin-Ericsson (2003) method, we first examine the foreign currency in circulation and the volume of currency substitution in Iran’s economy using annual data from 1961 to 2021. Then, the Bayesian Vector Autoregression (BVAR) method employed to analyze the impact of exchange rate overshooting on currency substitution. The results indicate that exchange rate overshooting and inflation consistently lead to increased currency substitution in Iran’s economy. Conversely, economic growth negatively affects currency substitution. Additionally, neutralizing the effects of shocks related to exchange rate overshooting, economic development, and inflation requires more than five years. Therefore, economic policymakers must consider these factors when managing currency substitution. Manuscript profile