List of Articles طبقه‌بندی JEL: C22

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  1 - Exchange Rate Pass-Through into Import Price in Iran Economy with Emphasis on Volatility of Oil Revenues (Nonlinear Approach)
  Mana Mesbahi Hosein Asgharpour Jafar Haghighat Seyed Alireza Kazerooni firooz fallahi
  Abstract The main objective of this paper is to investigate the impacts of fundamental variables and volatility of oil revenue (as one of the most important of environment prevailing components in Iran economy) on degree of exchange rate pass through (ERPT) into import More

  Abstract The main objective of this paper is to investigate the impacts of fundamental variables and volatility of oil revenue (as one of the most important of environment prevailing components in Iran economy) on degree of exchange rate pass through (ERPT) into import price. For this, Markov-Switching and EGARCH methods were used on the base of data for 1990:3 to 2014:1. The findings indicate that there are two ERPT into import price regimes in Iran economy. The ERPT is more than unitary in both regimes. Also, volatility of oil revenues has asymmetric impacts on ERPTs of regimes in terms of size and sign but it increases ERPT into import price in both regimes. Therefore, managing of volatility of oil revenues and exchange rate changes are suggested. Manuscript profile
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  2 - The Estimation of Systematic Risk in Iranian Financial Sectors (ΔCoVaR Approach)
  samad hekmati farid Ali Rezazadeh ali malek
  Abstract The occurrence of last crisis has led to the consideration of systematic risk and it's transmission in theoretical and empirical point view. Hence, the main aim of this paper is to estimate and localize of systematic risk in financial sectors of Iran such as St More

  Abstract The occurrence of last crisis has led to the consideration of systematic risk and it's transmission in theoretical and empirical point view. Hence, the main aim of this paper is to estimate and localize of systematic risk in financial sectors of Iran such as Stock, Insurance and Bank sectors during the period of 1995-2015.  The quintile regression econometric approach has been used for estimating the difference conditional value at risk in these sectors. The main empirical findings of post estimation indicated that there is significant difference between Stock, Insurance and Bank sectors as main financial sectors. Moreover, the results of Fridman test as a method for ordering of variable status showed that, the systematic risk of insurance is high and risk of bank is low during the period of study. So, there is significant difference between orders of financial sectors in Iran over the period of study. Manuscript profile