Volume 29 (2024)
Volume 28 (2023)
Volume 27 (2022)
Volume 26 (2021)
Volume 25 (2020)
Volume 24 (2019)
Volume 23 (2018)
Volume 22 (2017)
Volume 21 (2016)
Volume 20 (2015)
Volume 19 (2014)
Volume 18 (2013)
Volume 17 (2012)
Volume 15 (2010)
Volume 14 (2010)
Volume 13 (2009)
Volume 12 (2008)
Volume 11 (2008)
Volume 10 (2008)
Volume 9 (2007)
Volume 8 (2006)
Volume 7 (2005)
Volume 6 (2004)
Volume 5 (2003)
Volume 4 (2002)
Volume 3 (2001)
Volume 2 (2000)
Volume 1 (1995)
OPEC's Role in the Diversified Future Energy Market

Ali Bagheri

Volume 16, Issue 46 , April 2011, Pages 1-18

Abstract
  This paper, which is developed within the framework of political economy of petroleum starts by a brief reviewing of OPEC’s policy instrument based on members’ excess production capacities and quota systems for managing the global oil market. The basic shortcoming in modeling OPEC’s ...  Read More

Rational Expectations, the Lucas Critique and the Optimal Control of Macroeconomic Models: A Historical Analysis of Basic Developments in the 20th Century

Masoud Derakhshan

Volume 16, Issue 46 , April 2011, Pages 19-46

Abstract
  In this paper, we first consider the role of rational expectations, the Lucas critique and the policy ineffectiveness debate in economic applications of optimal control theory. The problem of time-inconsistency in optimal control of macro-economic models with rational expectations will then be analyzed. ...  Read More

Estimating the Value of Drinking Water for the Households in Larestan by Using a Contingent Valuation Method

Ali Emami Meibodi; Ehsan Haghdoost; Javad Pakdin

Volume 16, Issue 46 , April 2011, Pages 47-60

Abstract
  Water scarcity in Iran has reached a level that calls for the attention of all stakeholders including water consumers. While the government as water distributor has made significant efforts in managing water on the supply side, an annual average rainfall of 251 mm limits the capacity of this supply-side ...  Read More

The Short Run and Long Run Causality between Financial Development and Economic Growth in the Middle East

Karim Eslamloueyan; Emad Aldeen Sakhaei

Volume 16, Issue 46 , April 2011, Pages 61-76

Abstract
  Using panel data error correction models, we investigate the short- and long-run causality between financial development and economic growth in the Middle East. Three different indicators are used to measure financial developments. Generalized Least Square (GLS) method with cross-section Seemingly Unrelated ...  Read More

An Alternative VAR Model for Forecasting Iranian Inflation: An Application of Bewley Transformation

Hassan Heydari

Volume 16, Issue 46 , April 2011, Pages 77-96

Abstract
  This paper focuses on the development of modern non-structural dynamic multivariate time series models and evaluating performance of various alternative specifications of these models for forecasting Iranian inflation. The Quasi-Bayesian method, with Literman prior, is applied to Vector autoregressive ...  Read More

Estimation of Rural-Urban Migration in Iran (An Auto-Regressive Distributed Lag Approach)

alireza karbasi; Seyed Mohammad Fahimi Fard; Hamid Reza Jahany

Volume 16, Issue 46 , April 2011, Pages 97-113

Abstract
  Rural inhabitants’ perception of better life changes when observing the success of other people, and hope to emulate their success. They know that University degree can lead to a higher expected income. In fact urbanism has some benefits but the costs (pollution, congestion, and crime) are also ...  Read More

Challenges of Inflation and Price Reform in Developing Economies (With Reference to the Iranian Economy)

Hamid Nazeman

Volume 16, Issue 46 , April 2011, Pages 115-143

Abstract
  This paper intends to address the problem of inflation in less developed, and transitional economies, where the institutions of market is not fully developed. It is argued that the conventional Neo-Classical policies based on rigid Monetarist views fail to properly address the problem in less developed ...  Read More

Endogenous Growth: A Sequential Stochastic Search Model for New Technology

Mohammad Hadi Zahedi Vafa

Volume 16, Issue 46 , April 2011, Pages 145-181

Abstract
  Endogenous growth model developed here emphasizes dynamics, with explicit modeling of knowledge accumulation. Considering the uncertainty inherent in any search process, the model presents a dynamic stochastic system in which new technology and capital accumulation are boundedcomplements—they complement ...  Read More