IDEAS home Printed from https://ideas.repec.org/a/mbr/jmbres/v7y2015i22p569-590.html
   My bibliography  Save this article

The Effect of Exchange Reserves Shocks on Exchange Rate and Inflation in Iran (in Persian)

Author

Listed:
  • Badri, Chiman

    (Iran)

  • Tayebi, SayyedKomail

    (Iran)

  • Yazdani, Mehdi

    (Iran)

  • Rasoulyar, MohammadSadegh

    (Iran)

Abstract

In this study the effect of exchange reserves on the macroeconomic variables is probed and so as to achieve the goals here, we have used the data gathered during 1981-2013 and all the required information for this research has been received from Central bank Of Islamic Republic of Iran and World Bank. Results show that shocks of exchange reserves have had a positive and meaningful effect on exchange rate and inflation. They also show that the government has increased monetary base and inflation by injecting the liquidity from oil revenues.

Suggested Citation

  • Badri, Chiman & Tayebi, SayyedKomail & Yazdani, Mehdi & Rasoulyar, MohammadSadegh, 2015. "The Effect of Exchange Reserves Shocks on Exchange Rate and Inflation in Iran (in Persian)," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 7(22), pages 569-590, January.
    • Handle: RePEc:mbr:jmbres:v:7:y:2015:i:22:p:569-590
    as

    Download full text from publisher

    File URL: http://jmbr.mbri.ac.ir/article-1-215-en.pdf
    Download Restriction: no
    File URL: http://jmbr.mbri.ac.ir/article-1-215-en.html
    Download Restriction: no
    File URL: http://jmbr.mbri.ac.ir/article-1-215-fa.html
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F31 - International Economics - - International Finance - - - Foreign Exchange

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mbr:jmbres:v:7:y:2015:i:22:p:569-590. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M. E. (email available below). General contact details of provider: https://edirc.repec.org/data/mbcbiir.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.