The rule of ideologies which ban interest or usury which is earned through lending money has led to developing economic systems that differ from conventional economic systems in which ,interest has been entered. The presence of systems not relying on interest, in turn, has questioned the necessary motives in capital establishments through savings. In this paper, while defining the concepts of m...

in the recent economic literature, an important finding is the causal relationship between financial development and economic growth. before the 1970s, the most of economists believed that economic growth could be reached only by accumulation of physical capital. in the 1970s and after the pioneering works of mckinon (1973) and shaw (1973), this orthodox view was criticized by a vast amount of ...

this study investigates the effects of two policies of reducing profit rate and increasing supply of credits on the growth of production in the economic sectors in iran. to achieve the goal, the orani-g computable general equilibrium model was modified tothe present situation of iranian economy. the model was also extended to accommodate the financial sector of the economy. to use the cge model...

In this study, we model the monthly time series of Central Bank Republic Turkey’s Weighted Average Funding Cost (Interest Rate) for period between 2011:01-2020:12. framework, establish and compare linear nonlinear based various autoregressive (integrated) moving average models in two separate groups investigate most suitable series. After all, reveal that relevant interest rate can be modelled ...

The facility interest rate is one of the most important macroeconomic variables. The bank facility interest rate is associated with other macro-economic variables, one of which is the bank deposit interest rate. Using the time series data of the 1973-2017 period and the simultaneous equation system, the researchers estimated four equations using the three-stage least squares method.The result o...