The history of monetary policy in Iran, judging by their performance in keeping the value of the currency, maintaining a steady growth in the Gross Domestic Product, faltering investment, show that monetary policy has not been a portrait of consistent successes, to say the least. As a result of the recent studies two rules have emerged as guideline for policy makers: Taylor rule and McCallum ru...

The paper investigates the public’s attitude towards monetary union arrangements associated with different levels of monetary policy autonomy. The results indicate that support for monetary union declines significantly with expected loss of autonomy. Survey data from Kenya shows that public support for the proposed East African Community monetary union is highest in an arrangement where the cou...

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...

Monetary inequality is one of the most pressing socio-economic problems for Russia. Taxes have so far failed to reduce inequality. Not only income taxation citizens, but also property has potential smooth it out.
 In Russia, share taxes individuals in tax revenues budget significantly lower than many developed countries. It shown that a serious both increasing security regions and municipa...

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...

The effect of monetary policy on prices and output in any economy cannot be overlooked. This is germane given the implications various macroeconomic outcomes. In doing this, Fully Modified Ordinary Least Squares (FMOLS) method was deployed base preliminary findings to test relationship for Nigeria. Findings revealed that money supply exchange rate exhibit significant output, while does not. Als...

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...