List of Articles Autoregressive Distributed Lag (ARDL)

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  1 - Investigation of the role of macroeconomic variables in Tehran Stock Exchange uncertainty using risk filtering, MCMC simulation and ARDL approaches.
  Amir Sarabadani Ali Baghani mohsen hamidian Ghodratollah Emamverdi Norooz Noroolahzadeh
  AbstractIn the present study a new total uncertainty criterion in Tehran Stock Exchange was estimated and the impact of macroeconomic variables on this uncertainty was addressed. Risk filtering with an approach to GDFM was first used to detect specific component of 25 t More

  AbstractIn the present study a new total uncertainty criterion in Tehran Stock Exchange was estimated and the impact of macroeconomic variables on this uncertainty was addressed. Risk filtering with an approach to GDFM was first used to detect specific component of 25 time series of the main indices of the Tehran Stock Exchange over 10 years. In the next step, the conditional volatility of the remaining time series’ specific components were estimated using Stochastic volatility (SV) model and finally conditional volatility simulated using Markov chain Monte Carlo (MCMC) approach was averaged to obtain total uncertainty of the Tehran Stock exchange. The ARDL results showed that Tehran Stock Exchange uncertainty is dependent on independent variables such as inflation rate, banks' real interest rate, exchange rate in free Exchange market, liquidity, tax revenue and oil price. According to the results, however, no significant correlation exists between unemployment rate and stock market uncertainty. Manuscript profile
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  2 - Impact of Globalization and Economic Sanctions on Human Capital in Iran
  Seyedeh Safia Hosseini Yazdi Mostafa Emadzadeh Saeed Daei Karimzadeh
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  3 - The Effect of Foreign Direct Investment on Domestic Private Investment in Iran (In Two Sectors of Building and Machinery)
  Roohollah Babaki Mahnaz Efati
  The effects of foreign direct investment in host countries are one of the topics discussed in economics. By studying of the impacts of foreign direct investment on economic development, a key question is that attracting foreign direct investment (FDI) has a positive eff More

  The effects of foreign direct investment in host countries are one of the topics discussed in economics. By studying of the impacts of foreign direct investment on economic development, a key question is that attracting foreign direct investment (FDI) has a positive effect on domestic investment or not; in other words, have they complementary or substitute effects. Therefore, in this paper, the impact of foreign direct investment on domestic private investment has been investigated in two sectors of building and machinery in Iran by using the Autoregressive Distributed Lag (ARDL) method between 1970 and 2020. The results of this study show that the foreign direct investment has a positive and significant effect on private investment in both sectors of building and machinery. So, foreign direct investment could be a complement commodity for domestic private investment in Iran Manuscript profile