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Author = Kafiri, Alireza

Number of Articles: 1
The Estimation of Iranian Money Demand Function: Smooth Transition Autoregression with Interest Rate Threshold

Madjid Hatefi Madjumerd; Omolbanin Jalali; Alireza Kafiri

Volume 24, Issue 78 , April 2019, , Pages 163-193

https://doi.org/10.22054/ijer.2019.10166

Abstract
  The main objective of this study is to evaluate the effect of saving rate on money demand function’s regime change in the framework of nonlinear smooth transition auto-regressive method covering the period 1352-1396. In this regard, the linear model was tested against nonlinear model and it revealed ...  Read More