Interest Rate
Hasan Heidari; Jafar Haghighat; Zahra Karimi Takanlo; reza ranjpour
Abstract
In the Iranian economy over the past few decades, the financial system has been subject to many restrictions, including the grading of bank interest rates. In this study, considering the economic conditions of Iran, the interest rate of bank deposit is determined by combining the two approaches of liberalization ...
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In the Iranian economy over the past few decades, the financial system has been subject to many restrictions, including the grading of bank interest rates. In this study, considering the economic conditions of Iran, the interest rate of bank deposit is determined by combining the two approaches of liberalization and financial development and financial constraint. In this way, contrary to the bank's interest rate order, the central bank has issued two interest rates as a ceiling and a bank interest rate to banks, which are upper and lower limits. Banks can then operate freely and competitively, depending on their performance, between profit and loss ceilings, and determine the appropriate rate of interest for the banks themselves and adjust the business cycle more quickly and maintain their finances. To do this, a smooth panel regression model (PSTR) with data from the central bank and commercial banks of the country in the interval (2006-2016) has been estimated high and low.bank deposit interest rates.
Hossein Akbarifard; Mohammad Ghotbadini Ghasem Abad; Farahnaz Shahryaran; Omid Jenabi
Volume 5, Issue 18 , March 2015, , Pages 94-83
Abstract
This study investigates the effect of some indicators of financial repression, including DR (the gap between the official interbank exchange rate and the free market rate), Cpi (the difference between Iran's inflation rate and the inflation rate of the world) and G (the ratio of government ...
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This study investigates the effect of some indicators of financial repression, including DR (the gap between the official interbank exchange rate and the free market rate), Cpi (the difference between Iran's inflation rate and the inflation rate of the world) and G (the ratio of government debt to liquidity), on capital stock growth in agricultural sub-sectors in Iran, during the period 1991-2011 using estimation of the demand function and panel data method. The results of the model indicate a significant negative effect of financial repression indicators on the development of the capital stock growth in all agricultural sub-sectors.
