نتایج جستجو برای: uncertainty of nominal interest rate
تعداد نتایج: 21210786 فیلتر نتایج به سال:
Money is a facilitator of economic activities, thus, formatting of economic activity is dependent on the institutionalizing of monetary system. In common monetary system, the weakness of common perception about money, publishing and distributing mechanism led to inefficiencies in optimal allocation of resources and welfare cost of inflation tax. Partial equilibrium model in compare with gener...
This research is an attempt to study about the efficiency of different exchange-rate regimes based on reduces in loss function of central bank in a form of Dynamic Stochastic General Equilibrium (DSGE), considering an oil exporting economy such as Iran's Economy. Thus, after adjusting a pattern, considering the structural characteristic of Iran’s Economy as oil exporting country and obtaining m...
Empirical studies suggest that fluctuations in the level and volatility of world interest rate affect sovereign spreads emerging economies. We incorporate an estimated time-varying process for (with both shocks) into a model default calibrated to panel Time variation interacts with incentives leads state contingent effects similar empirical literature. On average, response rise delivers 1.4 tim...
We study a novel policy tool—interest rate uncertainty—that can be used to discourage inefficient capital inflows and adjust the composition of external accounts between short-term securities foreign direct investment (FDI). identify trade-offs faced in navigating balance price stability. The interest uncertainty discourages mainly through portfolio risk precautionary saving channels. A markup ...
Abstract In this paper, we study the pricing of contracts in fixed income markets under volatility uncertainty sense Knightian or model uncertainty. The starting point is an arbitrage-free bond market about modeled by a G -Brownian motion, which drives forward rate dynamics. absence arbitrage ensured drift condition. Such setting leads to sublinear measure for additional contracts, yields eithe...
the study of air infiltration into the buildings is important from several perspectives that may be noted to energy and design of hvac systems, indoor air quality and thermal comfort and design of smoke control systems. given the importance of this issue, an experimental and numerical study of air infiltration through conventional doors and windows has been explored in iran. to this end, at fir...
having conducted the experiment and analysed the data, the researcher computed the groups mean scores and variances for the test relating to the research question. as the final atep, a t-test was conodonted for the hypothesis. as noted earlier, the significance level was determined at .05 and .01 respectively. the observed t-value was higher than the critical t-value at. 5 and .01 levels. conse...
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