firooz fallahi

In the past decades, the discussions between economists have changed of impact or no impact of monetary policy to effective monetary policy channels. Since, The housing sector has a large share in the household consumption basket, gross domestic product and wealth of the private sector, Then this sector play very decisive role in transfer transfer of monetary policy effects on production. Therefore, in this study, the asymmetric transmission of monetary policy has been evaluated through the housing price channel. For this porpuse were used the non-linear MSVAR technique and time series data of Iran's economy were used during the 1992 to 2017 seasons. The results of the research indicate that the effects of monetary policy on the economy have been asymmetric from the housing price channel. As in the years after 2008 (Regime 0). the share of the housing price channel in the transfer of monetary policy to production was less than regime1 (the years before 2008). Also, the effects of monetary policy have been more influenced by prices in regime 1. The results indicate that the share of housing prices in the production volatility in regime1 and in the short and long term is 56% and 50%, respectively, which is about 7% and 6% for regime 0. Hence, the housing price channel in regime 0is less important than regime1.

The purpose of this paper is to investigate social welfare and the convergence of social welfare of Iran,s provinces. For the purpose we use Nahar and Inder convergence during 2000-2013. The results indicate that Kermanshah, Kohkiloyeh and Boyerahmad and Mazandaran areconvergence towards the average of welfare of the provinces and Also, West Azarbaijan, East Azarbaijan, Ardabil, Bushehr, Razavi Khorasan, North Khorasan, Semnan, Sistan and Baluchestan, Qom, Golestan, Lorestan and Hormozgan diverge from the average of welfare. Also, most of the Iran,s provinces have a lower welfare than the community average. Therefore, policymakers performance in this field are not suitable for balanced development of regions welfare.

The convergence of social welfare is one of the criteria for evaluating regional development policies. The purpose of this paper is to analyze the convergence of social welfare for evaluating regional development from 2000 to 2013. To this end, a nonlinear spatial error star econometrics technique is used to separate linear and nonlinear regimes.
According to the results, the provinces can be divided into two groups: in the first group of provinces, the social welfare growth is affected by the welfare of the regions themselves and spatial effects are not observed among them. In the second one, however, spatial effects are observed among the provinces, which include Qom, Isfahan, Khuzestan, Chaharmahal and Bakhtiari, Fars and Bushehr. Other provinces are in the first group. Moreover, the results show a convergence among the regions of the first group while there is no convergence among the second group. Therefore, Policies have failed to eliminate the regional inequalities and imbalances.
JEL Classifications: I31, C20, R12

The main objective of this paper is to investigate the impacts of fundamental variables and volatility of oil revenue (as one of the most important of environment prevailing components in Iran economy) on degree of exchange rate pass through (ERPT) into import price. For this, Markov-Switching and EGARCH methods were used on the base of data for 1990:3 to 2014:1. The findings indicate that there are two ERPT into import price regimes in Iran economy. The ERPT is more than unitary in both regimes. Also, volatility of oil revenues has asymmetric impacts on ERPTs of regimes in terms of size and sign but it increases ERPT into import price in both regimes. Therefore, managing of volatility of oil revenues and exchange rate changes are suggested.