Determining how monetary policy makers react to changes in key economic variables has been of major interest to monetary economists. Estimates of monetary policy rules (reaction functions) are a widely used method for doing this. Behavior differs under different policy regimes, as in rule-based systems or chronic inflation. In practice, estimates of instrument rules have been used to descri...

media policy is the major strategies that guide the media in achieving the specific objectives. since the field of media policy area in the country is unknown, purpose of this study is carried out theoretical research in the field of media policy and develops a theoretical framework. theoretically there are two approaches in the field of media policy. the first approach is that the traditional ...

Estimates of instrumental rules can be utilized to describe central bank's behavior and monetary policy stance. In the last decade, considerable attention has been given to time-varying parameter (TVP) specification of monetary policy rules. Constant-parameter reaction functions likely ignore the impact of model uncertainty, shifting preferences and nonlinearities of policymaker's choices. This...

In this study a simulation-optimization model is developed for deriving operation rule-curves in drought ‎periods. To each reservoir, two rule-curves with adjustable monthly levels are introduced dividing the ‎reservoir capacity into three zones between the normal water level and minimum operation level. To each ‎zone of a reservoir and for each month of the year a hedging coefficient is introd...

T he world economy has experienced a bulk of positive and negative shocks in crude oil prices and exchange rates over the years, and that global inflation has undergone some changes. Such shocks have affected the macroeconomic variables in the countries of the world and have challenged the economies of these countries, and have led them to take different measures to protect themselves agai...