Asymmetric Effects of Shadow Economy on Financial Development in Iran: NARDL Approach
This paper uses the non-linear auto-regressive distributed lags (NARDL) model to examine the short- and long -run effects of the negative and positive shocks of the shadow economy on financial development in Iran over the period 1974 - 2015. For this purpose, the ratio of liquidity to gross domestic...
| Autori principali: | , , |
|---|---|
| Natura: | Articolo |
| Lingua: | fas |
| Pubblicazione: |
Tarbiat Modares University
2020-03-01
|
| Serie: | پژوهشهای اقتصادی |
| Soggetti: | |
| Accesso online: | http://ecor.modares.ac.ir/article-18-26146-en.pdf |