Analyzing the Stability of Inflation from the Perspective of Iranian Political Economy

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

SOBHANI HASAN; ABOOHAMZEH DARIUSH; ZAMANI REZA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Iran's Economic Essays; an Islamic approach Year:2019 | Volume:16 | Issue:31 Page(s): 41-69

Download Full-Text

Persian Verion

View:

644

Download:

Cites:

Information Journal Paper

Title

Analyzing the Stability of Inflation from the Perspective of Iranian Political Economy

Author(s)

SOBHANI HASAN | ABOOHAMZEH DARIUSH | ZAMANI REZA | Issue Writer Certificate

Keywords

Political Economy of InflationQ1

Monetary and Fiscal PoliciesQ2

Inflation StabilityQ2

Public ChoiceQ1

Abstract

Inflation as a macroeconomic variable is influenced by many policies and has many welfare implications for different groups of society. By referring to the literature of Public Choice we can say that inflation changes have winners and losers. In this article, the long-term persistence of inflationary conditions in Iran was investigated. For this purpose, data were collected by library method (document analysis) and general selection approach. In this regard, the institutions affecting inflation were separated from those influenced by inflation. In the first category, the behavior of those actors were analyzed that influenced inflationary policies with different economic and political motives and in the second category, looking at the welfare and political effects of inflationary conditions, the actors affected by the inflationary conditions were analyzed. Also, bank debtors, brokers and speculators and importers of consumer goods and low-income deciles are affected by inflationary conditions. The central bank is suffering from inflationary conditions due to a decline in credit and the government due to a decline in political credit due to its inability to control inflation suffer from inflationary conditions. In other words, the government benefits from inflation in some respects and in other respects suffers from high inflationary conditions. It is assumed that the current institutional structure drives policymakers and economic decision-makers to make decisions that lead to the persistence of inflationary conditions. Therefore, the persistence of long-term inflationary conditions should not be considered an unexpected phenomenon. On the other hand, referring to Islamic theories shows the government's duty to preserve the value of money and to guarantee the devaluation of money arising from bad policies. Also, we can say with reference to Surah Al Nisa, Verse five, from an Islamic point of view structures must be designed in such a way that motivate actors to maintain value.

Cites

No record.

References

No record.

Cite

APA: Copy

SOBHANI, HASAN, ABOOHAMZEH, DARIUSH, & ZAMANI, REZA. (2019). Analyzing the Stability of Inflation from the Perspective of Iranian Political Economy. JOURNAL OF ECONOMIC ESSAYS, 16(31 ), 41-69. SID. https://sid.ir/paper/384810/en

Vancouver: Copy

SOBHANI HASAN, ABOOHAMZEH DARIUSH, ZAMANI REZA. Analyzing the Stability of Inflation from the Perspective of Iranian Political Economy. JOURNAL OF ECONOMIC ESSAYS[Internet]. 2019;16(31 ):41-69. Available from: https://sid.ir/paper/384810/en

IEEE: Copy

HASAN SOBHANI, DARIUSH ABOOHAMZEH, and REZA ZAMANI, “Analyzing the Stability of Inflation from the Perspective of Iranian Political Economy,” JOURNAL OF ECONOMIC ESSAYS, vol. 16, no. 31 , pp. 41–69, 2019, [Online]. Available: https://sid.ir/paper/384810/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops