This paper provides a critical review of the demand for money estimation. In doing so, first we explain the main effective factors on the demand for money on the light of monetarists, which those are: transaction demand ...

The Housing sector can be considered both the exchange of intermediate goods and the investment goods for the manufacturing sectors. The housing sector is the buyer of intermediate goods such as brick, cement, iron etc ...

Extensive government control over industrial and service sectors show it could not overcome the increasing misuse of public resources, raisins debts, lack of improvement in operation efficiency and mismanagement. Numerous ...

This paper explores people's behavior when they are facing financial risks. Through the setting of an economics experiment, people's willingness to bear financial risks and their tendency to impose risks on others are ...

The purpose of this paper is to estimate the welfare cost of inflation in Iran. We first use the long-horizon regression approach developed by Fisher and Seater (1993) to obtain an estimate of the inflation rate elasticity ...