جستجوی مقالات مرتبط با کلیدواژه « inflation volatility » در نشریات گروه « اقتصاد »

Banks are de facto deemed to be the most important financial intermediaries that may exert the fundamental and per se the crucial role in the economy of each country in toto. In this context, banks as the economic entity may pray to various aggregate macroeconomic shocks and also the endogenous and intrinsic specific particularities of each bank, Sui generis. The inflation volatility is de jure contemplated as a macroeconomic shock which may affect on the lending capacity of banks Viz–a-Viz permutation in the economic environment and accretion of uncertainty, Sine qua non. In this paper, an attempt is made to investigate the impacts of inflationary vicissitudes on the allocation of loans extended by the designated Iranian banks, Ipso facto. However, the pertinent research hypothesis specified that the inflation volatility could inflict the negative and significant impacts on the lending scheme of designated banks Pro rata. Besides, we deployed the panel data of 9 designated listed banks for the study period of 2007-2016. The results of Multivariate Regression prima facie, indicate that the volatility of inflation bears the negative and significant impacts on the allocation of resources for the banks under the study, Quid pro qua. We have also observed that the other independent variables i.e. the bank size and the Non Performing Loans (NPL) have negative effects on the bank lending scheme, A fortiori

Inflation volatility is one of the characteristics of Iranian economy over the past four decades. Inflation volatility by creating macroeconomic instability can affect the relation of economic variables. The purpose of this study is the evaluation of the impact of nonlinear inflation volatility on the relationships between the Iranian trade balance with the exchange rate during the 1973-2016.
For this purpose, firstly inflation volatility by using EGARCH method has been estimated and the model was estimated by Markov-switching model. The results show that the behavior of trade balance in Iran can be divided in 3 regimes (high, medium and low trade deficit). Increased exchange rate has induced the improvement of trade balance in 3 regimes. The effect of inflation volatility on the relationship of exchange rate to trade balance in the high and medium trade deficit regime is insignificant. Whereas in the regime 3 (low trade balance deficit) is negative and significant. So that in the regime 3(low trade deficit) inflation volatility has caused to debilitation of exchange rate effect on the trade balance and with the increase in inflation volatility exchange rate effect on the trade balance is further debilitation.

This article mainly aims to investigate the effects of the fundamental and environmental variables on the degree of exchange rate pass-through (ERPT) into the import price during 1990:3 to 2014:1. Therefore, at first, the effect of exchange rate along with the effects of marginal cost in abroad, the degree of openness of economy and gross domestic production on the import price were investigated by using of Markov-Switching model. The experimental findings indicate that there are two regimes for the degree of ERPT into the import price of Iran; i.e. the low price regime and the high price regime and for both regimes the degree of ERPT is more than one unit. In the next stage, the inflation volatility was quantified as one of the most important factors dominating Iran economy by the use of MS-GARCH approach. After that its effect, along with the effect of fundamental variables on the degree of ERPT were evaluated. The findings show that with the emergence of inflation volatility in Iran economy, the degree of ERPT into import price will increase in both regimes.