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The Impact of Interest Rate Ceiling on Investment in Iran

Mohammad Ali Ehsani; Yaser Khatibi

Volume 2, Issue 8 , December 2012, , Pages 82-69

Abstract
  Capital accumulation is a key factor in economic growth and interest rate is a policy instrument in capital  accumulation.In Iran economy, goverment imposes interest rate ceiling in fevored sectors.In this paper , a system of equations including saving and investment function are regressed via (3SLS). ...  Read More