The Effects of Fiscal Policy in Great Recession by using Panel Smooth Transition Regression (PSTR): Evidence from Emerging Market

Understanding Policy in the Great Recession: Some Unpleasant Fiscal Arithmetic

I use the valuation equation of government debt to understand fiscal and monetary policy in and following the great recession of 2008-2009. I also examine policy alternatives to avoid deflation, and how fiscal pressures might lead to inflation. I conclude that the central bank may be almost powerless to avoid deflation or inflation; that an eventual fiscal inflation can come well before large d...

is health a luxury for people in the middle east countries? evidence from panel smooth transition regression models

background: in this article, we used a panel smooth transition regression model to estimate the relationship between health expenditure and income. this approach is employed to continuously model changing parameters among countries and during time. it is thus suitable for eliminating heterogeneity among countries and the variability of the relationship between gross domestic product (gdp) and h...

a study on insurer solvency by panel data model: the case of iranian insurance market

the aim of this thesis is an approach for assessing insurer’s solvency for iranian insurance companies. we use of economic data with both time series and cross-sectional variation, thus by using the panel data model will survey the insurer solvency.

The Influence of Agency Costs on Dividend Policy in an Emerging Market: Evidence from the Tehran Stock Exchange

Dividend policy has long been an issue of interest in the financial literature. To date, a number of studies published on agency costs and dividend policy but most of them are on developed markets, It is well known that the emerging markets are quite different from developed markets in all respects. So, the existing published evidence is of limited relevance in identifying the influence of agen...

Evidence from the Great Recession