In this paper it has been attempted to investigate the capability of the consumption-based capital asset pricing model (CCAPM), using the general method of moment (GMM), with regard to the Epstien-zin recursive preferences ...

Objectives: The Tehran Stock Exchange fell in recession in December 2013, as it roughly persisted until the end of 2015. However, there are significant differences in the various industries both in terms of the beginning ...

This paper elaborates on the government's powers - both at the domestic level and over foreign countries. The domestic power is the power against domestic lobbies, and the foreign one is the government's international ...

Over the past few decades, good governance has become an important issue in public administration. One key reason behind this reality is the paramount role of government in promoting sustainable development and protecting ...

Examining society's preferences for any change in the status of wetlands, can translate their direct and indirect benefits into monetary values and provide useful information for the policy makers and planners. Hoor-al-Azim ...

Abstract: The aim of international economic sanctions is imposing economic restrictions on target countries. In order to decrease the sanctions negative brunt on citizenry and make it ineffective, government may respond ...