this research estimates the monetary value of internet information for each type of information and services by using hedonic pricing method. the statistic social of this research is high-speed internet users in tehran. based on the results, high speed internet users of tehran consider a positive monetary value for some information types in the internet, in descendent respect, such as film down...

this paper tests the importance of real shocks as sources of fluctuations in iran’s economy. for this purpose, based on the work of boschen and mills, a set of non-monetary variables which can affect economic growth have been selected and by using an illustrative business cycle model in which the production depends on the past and current value of real shocks, the influence 01’ these variables ...

Any economic agent constituting the monetary economy maintains the activity of monetary flow equilibration for fulfilling the condition of monetary flow continuity in the record, except at the central bank. At the same time, monetary flow equilibration at one economic agent constantly induces at other agents in the economy further flow disequilibrium to be eliminated subsequently. We propose th...

T his paper examined whether monetary policy is acyclical, procyclical or countercyclical and the implications of the interaction of such cyclicality with industrial output on real economic growth in Nigeria. After determining the time series properties of the variables and based on conventional cyclicality measures, the fully modified ordinary least square method was used to examine...

External Monetary Shocks and Monetary Integration: Evidence from the Bulgarian Currency Board Starting July the 1st 1997, Bulgaria adopted a Currency Board (CB) monetary system. This paper aims at investigating if the adoption of the CB monetary system, which involves the cost of loosing monetary autonomy, has provided a relatively better (with respect to other CEEC) monetary integration of Bul...

The purpose of the present research is to investigate the effective channels of the monetary transmission mechanism in Iran. To do so, we devised a New Keynesian Dynamic Stochastic General Equilibrium Model. In our model, the different types of nominal rigidities are introduced beside all the related structural equations, which are extracted and linearized around a steady state point. Furthermo...