ABSTRACT An experimental study has been conducted to visualise the instantaneous streamwise and spanwise flow patterns of a normal shock wave impinging over a rounded contour bump in a Mach 1.3 free-stream. A quartz-made transparent shock generator was used, so that instantaneous images could be captured during the oil-flow visualisation experiments. Fluorescent oil with three different colours...

The objectives of this study is to investigate the responses of livestock economic variables (namely, output, consumption, prices, labor and capital) to changes in agricultural productivity, monetary, oil revenue and government spending (fiscal policy). To do so, a Dynamic Stochastic General Equilibrium (DSGE) model is constructed for Iran economy disaggregating livestock. Accordingly, the empi...

the real business cycle theory was applied to investigate the hypothesis of cyclical agreeable treatment of real wages, for men and women work force, in the iranian agricultural sector for the period of 1971-2006. on the basis of this theory, the impacts of supply side shocks (productivity and oil income shocks), are anticipated on the fluctuations of the real wages. the dominant effect of supp...

the purpose of this paper is to examine the effects of monetary, fiscal and oil revenue shocks on macroeconomic variables in the framework of rule and discretionary monetary policy. to end this, we use a new keynesian dynamic stochastic general equilibrium (dsge) model. given the dominant role of oil in the country, we consider the role of oil shock in the model through different channels. the ...

In this paper, using the co-integrated VAR model we attempt to empirically investigate the effects of oil price and monetary shocks on the Russian economy covering the period 1995:Q3-2007:Q4. Our finding is that real GDP and inflation in Russia exhibit a positive response to an oil price increase, but not in the case of interest rates. Also we see that the impact of the oil price shock on the e...