جستجوی مقالات مرتبط با کلیدواژه « Interest rates » در نشریات گروه « اقتصاد »

Due to the special and sensitive role of banks in the country's economic system, the occurrence of any disruption or inefficiency in the banking system and the reduction of their performance, directly affects the financial activities of society. Accordingly, in the present study, the effect of interest rates on the banking profitability of Iran and the United States during the period 1990 to 2019 has been investigated by regression method and GMM time series. The results showed that interest rates had significant effects on bank profitability in the Islamic sector and the conventional sector, with the difference that this effect was positive in the Islamic sector and negative in the conventional sector. The reason for the different effect can be the difference in the nature of interest rates in the Islamic and conventional sectors, because in conventional banking; Interest rates are based on usury, which due to the separation of the banking sector from the real sector of the economy, can be detrimental to the profitability of the banking sector in the long run, but in the Islamic sector, interest rates are based on risk sharing and banking performance to the real sector. It Depends. Therefore, it is recommended that countries with usury-based banking systems put on the agenda the reforms needed to Islamize the banking system.

he spread of the virus (Quid 19) since January 2017 in Wuhan, China has caused many diseases and deaths in the world. The consequences of this virus have caused recession and other global problems so that even developed countries claim to have social health systems. Advanced were in trouble. Questions or hypotheses including: a) The main questions of the research: Does the financial crisis of Corona have a significant impact on the stock index of selected listed companies? Model sub-questions: Do currency crises have a significant effect on the stock index of selected stock exchange companies? Do oil crises have a significant effect on the stock index of selected stock exchange companies? Sub-hypotheses of the research: Currency crises have a significant effect on the stock index of selected listed companies. Oil crises have a significant impact on the stock index of selected listed companies. The statistical population is all companies listed in the Tehran Stock Exchange Organization that the research return time period is seven years between 1392 and 1399. The method used in the present study is descriptive-analytical, which in order to adapt economic theories to the realities of society, the relationships between variables are examined using statistics and after matching the theories, using From the inferential statistics and econometric method of the panel in Iveys software, the rejection or proof of the presented hypotheses is tested. All three models were accepted.

The relationship between nominal interest rates and inflation is one of the most important issues in macroeconomic issues. Knowing this relationship and knowing the direction of this relationship will have many benefits for all economic and monetary policymakers. In this study, by expanding the theory of quantity of money, we examine the relationship between nominal interest rates and inflation rates and test this relationship using the gentle transition regression approach during 1352-96. The results show that as interest rates rise (especially when the interest rate exceeds its threshold), its impact on inflation increases. Also, the effect of interest rates on the general level of prices does not have a severe effect and changes in parameters are slow. Therefore, it can be concluded that interest rate instruments cannot be used to control high inflation and the use of policies that reduce the speed of money circulation can be more effective in controlling the general level of prices. This result shows in general terms that in the long run, interest rate income that enters the economy from payment to the factors of production is practically compensated and eliminated by reducing the purchasing power of money due to the increase in the general level of prices in society. Perhaps this can be considered as one of the wisdoms that God Almighty has said in the Holy Qur'an about the sanctity of usury: "God forbid usury" means that God eliminates usury; cited.

Unemployment rate is one of the economic indicators that has always been considered by policy makers and economists. Numerous factors and economic variables affect this index. Given the economic conditions of Iran as an oil exporter and the imposition of economic sanctions as well as the Islamic banking system, it is necessary to study the impact of oil prices and interest rate as two key variables. In this study, in order to investigate the effects of oil price changes and interest rates on employment, the linear autoregressive distributed lag (ARDL) of Pesaran et al. (2001) and the asymmetric nonlinear NARDL model of Shin et al. (2013) were used. Asymmetry in the nonlinear model is represented via positive and negative partial sum decomposition of oil price and interest rate. ARDL suggests that although oil price and interest rate changes have minor short run effects but they have significant long run effects in all the cases. The NARDL model presents a different picture of the effects of changes in oil prices and interest rates on the unemployment rate. While in the short run, the changes of oil price have no effect on the unemployment rate and only changes in interest rates affect it, in the long run, in addition to interest rates, rising oil prices also affect the unemployment rate. The results of the study show that in the short and long term, falling interest rates have more effects than increasing it and increasing oil prices have more effects than reducing it.

The housing market is one of the most important capital-financial markets as its upheavals have always had major impacts on national and global economies. The market is constantly faced with speculative volatilities، which is different in nature form the inherent volatility of prices in other financial markets; since the rise and fall of prices are so massive and uncontrollable; or in other words، prices are bubble-like. Among the most important exogenous factors directly or indirectly causing the formation of this phenomenon، are monetary policies. In this regard، the main purpose of this study is to investigate the effect of monetary factors on the housing market bubble with using the ARDL estimation model and annual data over the period 1990 - 2011. In this way، short-term، long-term and dynamic effects of the followings on the housing price bubble are estimated: exchange rates، gold prices، stock Index، liquidity growth، interest rates، inflation and oil revenues. The results of this study indicate a significant relationship between all independent variables and the dependent variable during the study periods. Moreover، error correction coefficient in the dynamic relationship is equal to -0. 58 which is implies stability of the model.