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The Causes Of Unemployment In Iran: An Empirical Investigation, Abbas Valadkhani
The Causes Of Unemployment In Iran: An Empirical Investigation, Abbas Valadkhani
Faculty of Commerce - Papers (Archive)
This paper examines the major causes of Iran’s unemployment conundrum using a simultaneous-equation model and annual time series data from 1968 to 2000. It is found that the rate of unemployment responds positively to output gap and increasing economic uncertainty and negatively to the higher growth rates of real investment and inflation, supporting the view that there exists a degree of trade-off between inflation and unemployment. However, since persistent and soaring inflation rates eventually lead to the chronic depreciation of the domestic currency and rising economic instability, it will be irrational to exploit this trade-off to fight against unemployment, particularly …
Theory And Econometric Evidence Explaining Public Expenditure: The Case Of Iran, D. P. Doessel, A. Valadkhani
Theory And Econometric Evidence Explaining Public Expenditure: The Case Of Iran, D. P. Doessel, A. Valadkhani
Faculty of Commerce - Papers (Archive)
The purpose of this paper is to analyse government expenditure in Iran using annual time series data for the period 1963-2000. Various theories of the size of government are reviewed and a distinction is made between economic/structural determinants and institutional determinants. Categorising the theories of government expenditure in this way suggests the application of non-nested tests as a mechanism whereby the relative importance of the two broad theoretical categories can be determined. The empirical results, indicating "double rejection", reveal that neither the economic/structural determinants nor the institutional determinants alone are sufficient to explain government expenditure in Iran. A comprehensive, incorporating …