Showing 3 results for Elahi
Naser Elahi, Abolfazl Najarzadeh, Mehdi Asgari,
Volume 19, Issue 3 (6-2014)
Abstract
Inflation is one of the most important problems in Iran throughout
last decades, and the historical studies of inflation trend in Iran indicate
persistence of this variable. Inflation persistence refers to the tendency
of inflation to converge slowly towards its long-run measure (equilibrium
inflation) in response to various economic shocks. The historical measuring
of inflation persistence has estimated by the univariate autoregressive timeseries
models and include the sum of autoregressive coefficients to estimate
persistence. In this paper we implement this approach and then another
non-parametric approach to measure inflation persistence for the period
1338- 1390 and some sub-period, covering a structural break in 1357. The
results show a remarkable persistence of inflation in years after Revolution,
especially for the period ending in 1374 furthermore, the results indicate that
in periods before structural break in 1357 (The advent of Revolution), there is
no obvious inflation persistence
Roohallah Aboojafari, Dr Shaban Elahi, Dr Adel Paighami, Dr Kazem Yavari,
Volume 19, Issue 4 (10-2014)
Abstract
Today, knowledge and innovation as one of the most important factors of economic growth and development is very important. In this way the various factor are effective for innovation that most important of them is finance which should provide at the right time, enough amount and correct method for the firms. Set the correct mechanism for financing innovation in the financial system requires a suitable framework for policy in this area. For this we review financial system and economics of information and incentive literature with emphasis on pecking order theory and financial growth cycle model to provide appropriate framework for financing innovative firm based on theories and model. Then, using a case study strategy based on reports from organizations and experts interview that framework used for analyzing finance of innovation in Iran. The results show that the Iranian financial system does not fully and effectively in all aspects of financial policy, financial markets, financial instruments and financial institutions sensitive to the innovation development and these institutions financing criteria does not match with requirements to develop innovation.
Zohreh Khajeh-Saeed, Asadollah Farzinvash, Naser Elahi, Hossein Asgharpour,
Volume 23, Issue 4 (Winter 2019)
Abstract
Economic knowledge about the channels of monetary policy affecting the stock price index helps central banks to improve their assessment of economic conditions. Also, understanding the relative importance of transmission channels allows monetary authorities to foresee the outcomes of this mechanism, thus they can direct the monetary policy through the desired channel. In order to achieve this aim, a vector autoregressive model and seasonal data from 1997 to 2017 have been utilized. The results reveal that the monetary policy can influence the Tehran Stock Exchange price index, but it can not be taken as a determinant variable. The findings confirm that as a result of monetary base shocks, on average, exchange rate channel and asset price channel have the largest share in transferring monetary effects respectively, and credit channel has the least share in the stock price index.
