Mahdie Shadrokh

Faculty of Management and Economics, Tarbiat Modares University

[ 1 ] - The Role of Institutions in the Dynamic Effects of Oil Revenues in Oil Economies

The purpose of this paper is to investigate the system of oil revenues effects on the production performance of oil-rich countries in both short and long-run. To reveal new insight, a macroeconomic model is designed to hypothesize long-run structural relations in the economies of the oil-rich countries including three long-run relationships of real output, real money balance, and the adjusted p...

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