Volume 11 (2022)
Volume 10 (2021)
Volume 9 (2020)
Volume 8 (2019)
Volume 7 (2018)
Volume 6 (2017)
Volume 5 (2016)
Volume 4 (2015)
Volume 3 (2014)
Volume 2 (2013)
Volume 1 (2012)

The Effects of Energy Efficiency Improvements in the Electricity Sector on the Iranian Economy: A Computable General Equilibrium Approach

Malihe Ashena; Hossein Sadeqi; Ghazal Shahpari

Volume 9, Issue 1 , March 2020, , Pages 7-33

https://doi.org/10.22099/ijes.2020.35709.1629

Abstract
  Improving energy efficiency is one of the most important energy policies in many countries. This study mainly focused on the economic and environmental effects of energy efficiency improvements in Iran’s electricity sector on Iran’s economy using a computable general equilibrium framework. ...  Read More

International Economics
Estimating Domestic Value-Added in Gross Exports and Its Relation to Vertical Specialization: The Case of Iran

Parisa Mohajeri; Ali Asghar Banouei

Volume 10, Issue 1 , March 2021, , Pages 7-29

https://doi.org/10.22099/ijes.2021.38122.1694

Abstract
  Traditional trade theories and/or “Trade-in-Goods” predict that exports can generate 100% value-added which has recently been debated by Trade-in-Tasks theories. The root of these debates are referred to the existing conventional macro-economic accounting, which is expressed that expenditure ...  Read More

Which OIC countries are catching up? Time Series Evidences with Multiple Structural Breaks

Zahra Elmi; Omid Ranjbar

Volume 1, Issue 1 , April 2012, , Pages 13-28

https://doi.org/10.22099/ijes.2012.586

Abstract
  Abstract In this paper, income per capita convergence hypothesis is tested in selected OIC countries. For this purpose, we use the time series model and univariate KPSS stationary test with multiple structural breaks (Carrion-i-Silvestre et al. (2005)) over the period 1950-2008. The results show that ...  Read More

The Anatomy of DSGE Models with Banking Industry for Iran's Economy

Hassan Daliri; Nader Mehrgan

Volume 4, Issue 2 , October 2015, , Pages 17-49

https://doi.org/10.22099/ijes.2015.4121

Abstract
  The recent financial crisis has raised several questions with respect to the financial institutions and banking industry. Hence, over the last decade the Iranian banking industry has undergone many substantial changes, such as liberalization, government regulation and technological advances. What impacts ...  Read More

Estimating Efficiency of Thermal and Hydroelectric Power Plants in Iranian Provinces

Ahmad Sadraei Javaheri; Ali Hussein Ostadzad

Volume 3, Issue 2 , December 2014, , Pages 19-42

https://doi.org/10.22099/ijes.2014.3668

Abstract
  This paper aims at estimating the efficiency of hydroelectric power plants (renewable energy resources) and thermal power plant (non-renewable energy resources) in Iranian provinces. Data Envelopment Analysis (DEA) approaches is applied to estimate the efficiency. The network is modeled as a linear system ...  Read More

The Effects of the Structural Variables of the Iranian Industries on the Social Cost: The SCP Approach

Mohammad Nabi Shahiki Tash; Forough Jahantigh

Volume 3, Issue 1 , April 2014, , Pages 21-42

https://doi.org/10.22099/ijes.2014.3110

Abstract
  This paper studies the effects of the structural variables of the Iranian industries sector on the welfare cost using to the Structure-Conduct-Performance (SCP) theory. In other words, we investigate the role of structural components and their effects on the size of the welfare cost in Iran's industry ...  Read More

The Impact of Oil and Gold Prices’ Shock on Tehran Stock Exchange: A Copula Approach

Amir T. Payandeh Najafabadi; Marjan Qazvini; Reza Ofoghi

Volume 1, Issue 2 , December 2012, , Pages 23-47

https://doi.org/10.22099/ijes.2014.1560

Abstract
  There are several researches that deal with the behavior of SEs and their relationships with different economical factors. These range from papers dealing with this subject through econometrical procedures to statistical methods known as copula. This article considers the impact of oil and gold price ...  Read More

Has Tehran Stock Market Calmed Down after Global Financial Crisis?Markov Switching GARCH Approach
Volume 2, Issue 1 , April 2013, , Pages 23-48

https://doi.org/10.22099/ijes.2013.2031

Abstract
  We have introduced an early warning system for volatility regimes regarding Tehran Stock Exchange using Markov Switching GARCH approach. We have examined whether Tehran Stock Market has calmed down or more specifically, whether the surge in volatility during 2007-2010 global financial crises still affects ...  Read More

Proxy Means Tests for Targeting Subsidies Scheme in Iran

Mohammad Bakhshoodeh

Volume 2, Issue 2 , December 2013, , Pages 25-46

https://doi.org/10.22099/ijes.2013.2718

Abstract
  In this paper I develop a Proxy Means Tests (PMT) model and examine several targeting lines based on 2008 household survey data to identify beneficiaries for a targeting subsidy scheme in Iran. Based on the findings of this study, setting a cut-off percentile of 40% is expected to provide compensation ...  Read More

A New Framework for Hegemonic Analysis of Monetary Policy: The Case of Iran

Iman Bastanifar; Mohammad Vaez Barzani

Volume 4, Issue 1 , April 2015, , Pages 27-52

https://doi.org/10.22099/ijes.2015.3774

Abstract
  Monetary policy rule might be helpful to avoid the problem of time inconsistency provided there is a commitment to the rule. The commitment is the ability of a government to bind future policies. However, it doesn’t include intrinsic motivations. Therefore, hegemony, which includes both intrinsic ...  Read More

Sentiment Shock and Stock Price Bubbles in a Dynamic Stochastic General Equilibrium Model Framework: The Case of Iran

Ehsan Asadi; Hashem Zare; Mehrzad Ebrahimi; Khosrow Piraiee

Volume 7, Issue 2 , December 2018, , Pages 115-150

https://doi.org/10.22099/ijes.2018.30437.1475

Abstract
  In this study, a model of Bayesian Dynamic Stochastic General Equilibrium (DSGE) from Real Business Cycles (RBC) approach with the aim of identifying the factors shaping price bubbles of Tehran Stock Exchange (TSE) was specified. The above-mentioned model was conducted in two scenarios. In the first ...  Read More

Subsidies Allocation using ZSG-DEA Model: Evidence from Manufacturing Industries in Iran

Mohammad Ali Feizpour; Mansoor Mahinizadeh; Kazem Yavari; Iman Shaker Ardakany

Volume 5, Issue 2 , August 2016, , Pages 131-144

https://doi.org/10.22099/ijes.2017.26692.1358

Abstract
  Industrial subsidy is one of the important tools in support of the national production that plays a crucial role in the realization of a resilient economy. Regarding limited financial resources, it is important to determine how these subsidies can be distributed efficiently. Accordingly, the purpose ...  Read More

Comparative Analysis of Sectoral Multipliers of Input-Output Model and Social Accounting Matrix

Ali Faridzad; Ali Asghar Banouei

Volume 6, Issue 2 , December 2017, , Pages 143-158

https://doi.org/10.22099/ijes.2018.27001.1373

Abstract
  The present study is to indicate that the comparison between sectoral production multipliers of an input-output (I/O) model and a social accounting matrix (SAM) framework is almost impossible without taking into account accounting balances and theoretical considerations. Theoretically, the I/O model ...  Read More

Prediction-Based Portfolio Optimization Model for Iran’s Oil Dependent Stocks Using Data Mining Methods

Mohammad Sayadi; Meysam Omidi

Volume 8, Issue 2 , December 2019, , Pages 225-252

https://doi.org/10.22099/ijes.2020.34367.1595

Abstract
  This study applied a prediction-based portfolio optimization model to explore the results of portfolio predicament in the Tehran Stock Exchange. To this aim, first, the data mining approach was used to predict the petroleum products and chemical industry using clustering stock market data. Then, some ...  Read More

Other
Dynamic Portfolio Speculation via an Informationally More Structured Ito Process

Mohamamd Feghhi Kashani; Ahmadreza Mohebimajd

Volume 10, Issue 2 , December 2021, , Pages 315-337

https://doi.org/10.22099/ijes.2022.40654.1754

Abstract
  Although theories over portfolio speculation have made remarkable progress so far, the performance of its proposed portfolios depends largely on the degree of accuracy in predicting future stocks prices dynamics. This study focuses on improving the performance of optimal portfolios by modeling the stocks ...  Read More

Investigating the Impact of Market Timing on the Capital Structure of Companies in Tehran Stock Market

Parisa Mohajeri; Reza Taleblou; Aylar Rahnama

Volume 9, Issue 2 , December 2020, , Pages 359-375

https://doi.org/10.22099/ijes.2020.34169.1591

Abstract
  Based on the theory of market timing in the framework of capital structure, the time of issuing stock depends on the stock prices. In that way, managers are issuing shares that have a high ratio of market value to book value. In fact, issuing shares is in the best interest of the firm when the company's ...  Read More

Social Economic
Hysteresis Hypothesis in Unemployment: Evidence from Iran's Labor Market

Sajjad Barkhordari

Volume 11, Issue 1 , March 2022

https://doi.org/10.22099/ijes.2023.42438.1804

Abstract
  Nowadays, the study of unemployment properties is particularly important as a result of the increase of this variable in recent years. This paper tests the hysteresis hypothesis in youth unemployment at the urban, rural, regional, and general level by using quarterly data in period 2000- 2018. In addition, ...  Read More

The Effect of Technological Structure Change on Total Output:An Input-Output Analysis

Ramezan Hosseinzadeh; Nooraddin Sharify

Volume 7, Issue 1 , March 2018, , Pages 25-39

https://doi.org/10.22099/ijes.2018.28286.1427

Abstract
  In this study, the Input- Output Structural Decomposition Analysis (I-O SDA) is used to investigate the effects of technological structure changes on changes of total output in Sistan and Baluchestan Province during 2006-2011. The technological structure change is decomposed into two factors: intermediate ...  Read More

The Effect of Property Rights on Entrepreneurship:Evidence from Some Factor-driven, Efficiency-driven, and Innovation-driven Countries

Ali Hussein Samadi; Sara Togha

Volume 8, Issue 1 , March 2019, , Pages 27-51

https://doi.org/10.22099/ijes.2019.31027.1492

Abstract
  Entrepreneurship is influenced by many factors and environments such as institutions. Institutions have an important role to play in the individual's tendency toward necessity and opportunity entrepreneurship. The purpose of this paper was to examine the impact of institutional quality (property rights) ...  Read More

The Effects of Openness and Globalization on Inflation: An ARDL Bounds Test Approach

Ahmad Jafari Samimi; Saman Ghaderi; Bahram Sanginabadi

Volume 1, Issue 1 , April 2012, , Pages 29-54

https://doi.org/10.22099/ijes.2012.587

Abstract
  Abstract The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that inflation is lower in more open economies. According to this hypothesis, central banks have a lower incentive to engineer surprise inflations in more-open economies because the Phillips curve ...  Read More

Inflation Behavior in Top Sukuk Issuing Countries: Using a Bayesian Log-linear Model

Hasan Kiaee

Volume 6, Issue 1 , March 2017, , Pages 29-46

https://doi.org/10.22099/ijes.2017.23169.1284

Abstract
  This paper focused on developing a model to study the effect of sukuk issuance on the inflation rate in top sukuk issuing Islamic economies at 2014‎. ‎For this purpose‎, ‎as the available sample size is small‎, ‎a Bayesian approach to regression model is used which contains key ...  Read More

The Switching Pattern of Government Expenditures in Response to Sanctions in Iran

Majid Maddah; Azadeh Talebbeidokhti

Volume 5, Issue 1 , June 2016, , Pages 31-47

https://doi.org/10.22099/ijes.2017.25256.1330

Abstract
  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 to sanctions through policies such as increasing the supply of public goods. This ...  Read More

Energy Economics
Steady State Behavior of the Iranian Economy with Stochastic Energy Resources

Ebrahim Hadian; Ali Hossein Ostadzad

Volume 10, Issue 1 , March 2021, , Pages 31-55

https://doi.org/10.22099/ijes.2021.38645.1715

Abstract
  The pertinent question is whether scarcity of non-renewable energy resources limits economic growth. Given that the earth's natural resources are limited, the answer appears to be yes. However, there are two reasons to reject this question. Technological advancements that conserved resources may be able ...  Read More

A DSGE Analysis of the Effects of Economic Sanctions: Evidence from the Central Bank of Iran

Seyed Reza Nakhli; Monireh Rafat; Rasul Bakhshi Dastjerdi; Meysam Rafei

Volume 9, Issue 1 , March 2020, , Pages 35-70

https://doi.org/10.22099/ijes.2020.36182.1643

Abstract
  Since the nationalization of the oil industry, especially after the 1979 revolution, Iran has always encountered economic sanctions. The oil embargo and international financial sanctions are the most severe sanctions imposed on Iran and have had significant effects on Iran’s macroeconomic variables. ...  Read More

An Estimation of Laffer Curve in Iran: A Non-Linear Approach

Haniyeh Sedaghat Kalmarzi; Mir Hosein Mousavi

Volume 3, Issue 1 , April 2014, , Pages 43-59

https://doi.org/10.22099/ijes.2014.3111

Abstract
  Laffer curve indicates relationship between tax rate and tax income. The aim of this paper is estimating of laffer curve in Iranian economy. To do so, we have used threshold regression method. Empirical results indicate that since the tax rate is low (the threshold value is less than 0.0848) in two-regime ...  Read More