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Title: |
Source of Inflation in Post-revolutionary Iran |
| Author: |
Bahmani-Oskooee,
Mohsen |
| Author
Affiliation: |
U WI, Milwaukee |
| Source: |
International Economic Journal, Summer 1995, v. 9, no. 2, pp. 61-72 |
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Publication Date: |
Summer 1995 |
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Abstract: |
Since the advent of the Iranian revolution
in 1978-79, Iran has been experiencing a severe rate of inflation. In
this paper we have employed the monetarists model of inflation,
augmented with the exchange rate and import prices to identify the
determinant of inflation in Iran. Using annual data over the 1959-90
period and several tests for cointegration, we were able to show that
there are at least two cointegrating vectors among the macro variables. |
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