depending on the assumptions that are made in new keynesian models, one can attain different new keynesian phillips curves. in this study, three different new keynesian phillips curves and two different central bank behavioural functions are presented which leaves six new keynesian dsge models to study. the purpose of this study is the comparison of these six models and selecting the best model...

the purpose of this study is measuring total factor productivity (tfp) growth of sugar beet for different provinces of iran and then decomposing it to the changes in technical change, managerial efficiency change and scale efficiency change. for this purpose we used the data envelopment analysis (dea) method and malmquist productivity index. results showed that average growth of total factor pr...

there are two main reasons for studying investment in an economy. first, the combination of firms? investment demand and household?s saving supply determines how much of an economys? resoures is invested. second, investment is highly volatile; thus investment demand may be important in the short-run fluctuations. the present article examins the relationship and veracity of existence of banks pr...

the authors examine the effects of government expenditure on economic growth in iran, using annual data for the period of 1973-2003. in this paper, they lookat the offects of human, physical capital, and government budget on gdp. in the model developed in this paper, accumulation of human capital is dependent on physical. human capital, and government budget as well. the result indicate that go...

the risk free rate of return plays a main role in financial economic theory and financial markets. due to prohibition of interest in islamic countries there is no specific financial instrument with risk free rate of return as a criterion for measuring the risk free rate of market. we apply the kalman filter to estimate this variable for financial markets in iran. the technique is based on a sta...

unemployment-inflation trade-off is known as philips curve. this relationship was first defined for england economy by professor philips since 1958. much development has been submitted by different economic schools about this innovation. in this paper, apart from dealing with the new-keynesians philips curve, the curve mentioned is estimated for iranian economy. in addition, we are going to com...

abstract the aim of this study is of the effect of structural changes in higher education on changes of output in sistan and baluchestan province using structural decomposition analysis (sda). the input-output tables of this region for the period 2006-2011 have been employed as the database of the model. the structural changes were decomposed into two factors: changes in share of specific secto...

abstract in this paper, income per capita convergence hypothesis is tested in selected oic countries. for this purpose, we use the time series model and univariate kpss stationary test with multiple structural breaks (carrion-i-silvestre et al. (2005)) over the period 1950-2008. the results show that most oic countries could not catch up toward usa. although because of some positive term of tra...

Article history: Received 29 March 2013 Available online 10 February 2014 JEL classification: C72 D83 D85