This paper uses MSA level data and a panel VAR model to analyze the dynamic determination and impact of the volatility of single-family home value appreciation. We find that the volatility can be magnified by an exogenous increase in the home appreciation rate, responds to changes in the population growth rate, and is serially correlated. Moreover, an exogenous increase in the volatility increa...

Using panel structural VAR analysis and quarterly data from four industrialized countries, we document that an increase in government purchases raises output and private consumption, deteriorates the trade balance, and depreciates the real exchange rate. This pattern of comovement poses a puzzle for both neoclassical and Keynesian models. An explanation based on the deep-habit mechanism is prop...

The main objective of this study was identifying the effects of educational, extension and research factors on the development of medicinal plants in Markazi Province of Iran. The statistical population included all managers, extension agents and experts involved in medicinal plants in Markazi Province in 2014 (N = 50), who were selected by the census sampling method (n=50). The research instru...

Purpose: This research aims to investigate the presence of monetary policy trilemma in Middle Eastern region and evaluate spillover effects US on region. Theoretical framework: economies follow dollar pegged exchange rate with open capital account this poses a question about autonomy stance adopted by regional central banks. In context, current considers variables such as domestic interbank int...