Common Trends and Structural Change : A Dynamic Macro Model for the Pre- and Postrevolution Islamic Republic of Iran /

This paper uses a common trends model to study how prices, the black market exchange rate, money, and real output have developed over a period covering both pre- and post-revolution Iranian data. It is shown that monetary shocks have significant short-run effects on output, but permanent effects on...

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Bibliografiske detaljer
Hovedforfatter: Becker, Torbjorn
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1999.
Serier:IMF Working Papers; Working Paper ; No. 1999/082
Online adgang:Full text available on IMF