Given the effects of inflation on the decline of household welfare and its impact on production and investment, identifying the factors affecting it in order to adjust inflation and achieve price stability is necessary. Therefore, using the TVP-FAVAR model, which differentiates the fluctuations in factors affecting inflation, we try to identify the effects of different shocks such as liquidity,...

the economy's dependence on oil revenues and derivatives of these products make the country's economy heavily influenced by the volatility and instability of the pricing of these products. therefore, it seems necessary to develop non-oil exports. this paper examines the causality relation and the effect of foreign direct investment, economic openness and real exchange rate on non-oil ...

The oil company holds the investment opportunity to develop a delineated oilfield. The investment plan must be presented until a specific date or the oilfield rights return to the government. The firm considers a set of mutually exclusive alternatives of scale to exploit the oilfield. Larger scale means faster exploitation – increasing the present value of revenues, but also higher investment c...

Inflation targeting framework has become a predominant monetary approach across the globe. Williams (2015) believes that in a very real sense, almost all economies are inflation targeters -either explicit or implicit- now.(1) Due to the increasing spread of this policy, it is necessary to consider the way it affects macroeconomic variables. using prevalent economic models for evaluating the eff...