privatization advocates believe that transfer to private sector increases firm’s performance and value, business environment, and therefore economic growth and welfare improves. in this research, by using the 70 accepted firms in the tehran stock exchange for the period of 2005 to 2009, we investigate the effect of firm’s ownership structure on their value by applying generalized method of mome...

There has been a surge in the public debt profile of Nigeria recent years. This paper examines usefulness deficit financing plans based on driving industrial sector output performance an economy with sufficient borrowing space. The utilizes ARDL cointegration technique to investigate both short-run dynamics hypothesized relationship as well long-run dimension among debt, fiscal space, and Niger...

The relationship between inflation and interest rates represents one of the crucial tests of monetary super-neutrality. To date, there is no consensus among economists with respect to this relationship. Many studies find evidence favorable to a full adjustment of nominal rates of interest to changes in (expected) inflation resulting in no long-run effects on real interest rates consistent with ...

This study investigated the dynamic relationship between money, prices and output in a multivariate structure of casualty analysis in Iran for the two period of 1969 to 2012 (entire period) and 1989 to 2012 (sub-period). This statistical framework has been projected for situations where causal links may have changed over the sample period. Results of a three-variable Vector Error Correction Mod...

the aim of this research is to analyse of empirical relationship of fiscal policy and iranian trade account in the years 1338-1385(1959-2006). in and econometrics model the methods of engle and granger (1987), johansen (1988), ardl, pessaran and shin(1998), philips and hansen(1990), have been used to find out the effects of variables such as government expenditures(the component of public deman...

This paper investigates the important question of what relationship, if any, exists between economic infrastructure, gross fixed capital formation, and FDI inflows to Hungary during the 1995-2012 period. Although this question has great significance from an economic policy standpoint, there has been little to no empirical analysis undertaken so far in the case of transition economies such as Hu...