Hamid Shahrestani

Department of Economic, Science and Research branch, Islamic Azad University, Tehran, Iran

[ 1 ] - The Impact of Human Capital on FDI with New Evidence from Bootstrap Panel Granger Causality Analysis

T his study evaluates the causality relationship between human capital and foreign direct investment inflow in twenty-six OIC (the Organization of Islamic Cooperation) countries over the period 1970–2014. We employed the panel Granger non-causality testing approach of Kònya (2006) that is based on seemingly unrelated regression (SUR) systems, and Wald tests with country specific boot...

[ 2 ] - شوک‌های مالی و نقش سیاست پولی در اقتصاد ایران با فرض وجود بازار بین بانکی در یک مدل DSGE

واسطه‌گران مالی (بخش بانکی) به عنوان یکی از مهم‌ترین بخش‌های اقتصاد کلان در ایران دارای نقش پررنگی در تعادل عمومی اقتصاد کلان و انتقال شوک‌های گوناگون در سطح جامعه می‌باشد. در این راستا در این مقاله تلاش شده است که در یک مدل تعادل عمومی پویای تصادفی و با در نظر گرفتن بازار بین بانکی و احتمال نکول درون‌زا برای بنگاه‌ها و بخش بانکی به بررسی نقش سیستم بانکی در انتقال شوک‌ها در سطح جامعه پرداخته شو...

[ 3 ] - The Effect of Sequence of Policies and Speed of Reforms on Economic Growth in the Countries in Transition

Economic reforms require a comprehensive and detailed strategy to specify when and how policy reforms should be applied. Since economic reforms are comprised of different measures such as price liberalization, privatization, trade and foreign currency reform, restructuring of enterprises and etc., the sequence of these policies should be specified, and must be determined how fast each of these ...

[ 4 ] - The Impact of Monetary Policy on the Stock Market Returns and Instability: Comparison of Monetary Policy Tools in Iran

After the recent financial crisis, especially the financial crisis 2008, This raises the important question of what is the role of monetary policy in occurrence and  prevention of the financial  instability? so, this paper investigate the dynamics impact of monetary policy on the stock market returns and instability using Structural Vector Autoregression (SVARs) model During the period  1992:q2...

[ 5 ] - Stock Market Uncertainty and the Analysis of Monetary Policy shock

Policy makers impose policies to improve economy circumstance in order to achieve economic goals. However, the consequence of these policies along with the intended goals will also influence expectations, fluctuations, etc., and cause changes in levels of uncertainty. The important role of the stock market in the economy, makes it important to examine its uncertainty and its interaction with mo...