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Investigation of Shocks Sanction (Currency Restriction) on Iran Macroeconomic Indices and its Outlook
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| Esfandiar Jahangard *, Alaedin Ezoji, Alireza Farhadikia, Amir Khalesi |
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Abstract: (878 Views) |
| Economic structure based on oil resources and other structural problems, leading internal and external shocks as well as restriction of transaction trend with international, spread out on the country and caused the exposure to challenges and problems. In the study, we tried to use a framework that representing the country macroeconomic situation, canalized and significant impact of shocks due to sanction on macroeconomic indices and provide its outlook in short run. The model to use time series data 1343-91, estimates to econometric technical of ARDL. The results show that currency restriction due to sanction had significant effect on economic situation relatively, and caused economic gap to long run goals. In addition, projections show that economic growth outlook; consequently, unemployment rate will stay in high level. Furthermore, despite the inflation rate reduction, the indices will reach to 25%, and there have a tendency for exchange rate to be increased |
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| Keywords: Shocks Sanction, Exchange Rate Restricts, Macroeconomic Indices, Iran, ARDL |
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Full-Text [PDF 724 kb]
(190 Downloads)
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notification: Research |
Subject:
Special
Received: 2014/04/18 | Accepted: 2014/07/27 | Published: 2014/03/21
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