[Home ] [Archive]   [ فارسی ]  
:: year 2, Issue 5 (fall 2010) ::
JMBR 2010, 2(5): 103-130 Back to browse issues page
The Study of Banking Policies with the Aim of Financial Sector Development (the case of Iran)
Anoushirvan Taghipour 1, Afsaneh Musavi Azad Kasmai
Abstract:   (2873 Views)

The effects of various banking policies on financial sector development will be practically studied in this paper. To do so، a vector auto regressive econometric model in the framework of homo cumulative model has been used. In order to study the affecting methods of each variable on financial sector development، generalized response functions has been used. The results show that inflation rate has a significant negative long term on financial (banking) sector، while per capita income has a significant and positive effect on financial development. In addition، financial development index rises because of financial freedom and the increase of per capita income while، inflation rate shock decreases financial freedom index and prevents its development.

JEL Classification: E44, E51, E52, E58, G28

Keywords: Financial Freedom, Financial Improvements, Bank, Vector Autoregressive Model, Homo Cumulative
Full-Text [PDF 410 kb]   (890 Downloads)    
Type of Study: Empirical Study |
Received: 2014/07/26 | Accepted: 2014/07/26 | Published: 2014/07/26
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print



year 2, Issue 5 (fall 2010) Back to browse issues page
فصلنامه پژوهش‌های پولی-بانکی Journal of Monetary & Banking Research
Persian site map - English site map - Created in 0.05 seconds with 31 queries by YEKTAWEB 3977