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Cites:

1

Information Journal Paper

Title

THE INTERACTIONS BETWEEN MINIMUM WAGE AND INFLATION IN IRAN'S ECONOMY

Pages

  65-86

Abstract

 The minimum wage determination is one of the most significant economic issues exerting effects on macroeconomic variables. This study provides an empirical model using VAR method to analyze the long run relationships and short run dynamisms of factors affect general price level (with emphasis on minimum wage) during the period of 1978-2010. To examine long run relationships we used JOHANSEN-JUSELIUS CO-INTEGRATION METHOD and we also applied IMPULSE RESPONSE FUNCTIONS and VARIANCE DECOMPOSITIONS to see how the short run dynamisms work. The results indicate that though minimum wage does not playa considerable role in explaining price level variations in Iran's economy, price level is able to explain minimum wage variations properly.

Cites

References

Cite

APA: Copy

ABBASINEJAD, HOSSEIN, TASHKINE, AHMAD, RAHMANI, TEYMOOR, & SETAYESH, HEDIEH. (2013). THE INTERACTIONS BETWEEN MINIMUM WAGE AND INFLATION IN IRAN'S ECONOMY. TAHGHIGHAT-E-EGHTESADI, 48(2), 65-86. SID. https://sid.ir/paper/12007/en

Vancouver: Copy

ABBASINEJAD HOSSEIN, TASHKINE AHMAD, RAHMANI TEYMOOR, SETAYESH HEDIEH. THE INTERACTIONS BETWEEN MINIMUM WAGE AND INFLATION IN IRAN'S ECONOMY. TAHGHIGHAT-E-EGHTESADI[Internet]. 2013;48(2):65-86. Available from: https://sid.ir/paper/12007/en

IEEE: Copy

HOSSEIN ABBASINEJAD, AHMAD TASHKINE, TEYMOOR RAHMANI, and HEDIEH SETAYESH, “THE INTERACTIONS BETWEEN MINIMUM WAGE AND INFLATION IN IRAN'S ECONOMY,” TAHGHIGHAT-E-EGHTESADI, vol. 48, no. 2, pp. 65–86, 2013, [Online]. Available: https://sid.ir/paper/12007/en

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