The Estimation of Iranian Money Demand Function: Smooth Transition Autoregression with Interest Rate Threshold

The main objective of this study is to evaluate the effect of saving rate on money demand function’s regime change in the framework of nonlinear smooth transition auto-regressive method covering the period 1352-1396. In this regard, the linear model was tested against nonlinear model and it revealed...

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Bibliographic Details
Main Authors: Madjid Hatefi Madjumerd, Omolbanin Jalali, Alireza Kafiri
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2019-04-01
Series:فصلنامه پژوهش‌های اقتصادی ایران
Subjects:
Online Access:http://ijer.atu.ac.ir/article_10166_523d290345af2dd3154d81d4fb35739a.pdf