THE EFFECTS OF INTEREST RATE FLUCTUATIONS ON IRAN'S ECONOMY

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REZAEI E.; BAHMANI M.; HIRAD A.R.

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Journal: ECONOMIC RESEARCH REVIEW Year:2008 | Volume:8 | Issue:3 (30) Page(s): 197-217

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Title

THE EFFECTS OF INTEREST RATE FLUCTUATIONS ON IRAN'S ECONOMY

Author(s)

REZAEI E. | BAHMANI M. | HIRAD A.R. | Issue Writer Certificate

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Abstract

According to macroeconomic theories, interest rate is investment cost which is important in decision process that organized by private sector. But, there aren’t any consensuses among economists about this hypothesis. Also from theoretical point, the effects of interest rate variation on saving rate are ambiguous. In fact, it is not clear that what will be the sign of elasticity of saving respect to interest rate fluctuations? therefore, in this paper, we assessed the simultaneous effects of interest rate on economy by macroeconomic model framework. We found that the interest rate have negative, but negligible, impact on investment of private sector.

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APA: Copy

REZAEI, E., BAHMANI, M., & HIRAD, A.R.. (2008). THE EFFECTS OF INTEREST RATE FLUCTUATIONS ON IRAN'S ECONOMY. ECONOMIC RESEARCH REVIEW, 8(3 (30)), 197-217. SID. https://sid.ir/paper/66972/en

Vancouver: Copy

REZAEI E., BAHMANI M., HIRAD A.R.. THE EFFECTS OF INTEREST RATE FLUCTUATIONS ON IRAN'S ECONOMY. ECONOMIC RESEARCH REVIEW[Internet]. 2008;8(3 (30)):197-217. Available from: https://sid.ir/paper/66972/en

IEEE: Copy

E. REZAEI, M. BAHMANI, and A.R. HIRAD, “THE EFFECTS OF INTEREST RATE FLUCTUATIONS ON IRAN'S ECONOMY,” ECONOMIC RESEARCH REVIEW, vol. 8, no. 3 (30), pp. 197–217, 2008, [Online]. Available: https://sid.ir/paper/66972/en

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