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Journal of Money & Economy

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:: year 7, Issue 22 (Winter 2015) ::
JMBR 2015, 7(22): 615-633 Back to browse issues page
Power Factor Monopoly on Bank Loan and Facilities in Iran
Kamran Mahmodpour *1 , Mohamadnabi Shahikitash
1- University of Sistan and Balochestan
Abstract:   (3233 Views)

This article deals to evaluate the loan market structure and Iran banking facilities and power factor monopoly based on Bresnahan’s Lau approach. Current research was studied Iran's monetary market status during 2005–13 which contains 18 active banks. They all formed the money market situation in Iran by making use of Bresnahan's market power model, was determined that there is no loan market for the active banks in Iranian banking industry. The estimated coefficients of the research model using generalized method of moments (GMM) show that the hypothesis of perfect competition without any withholding rates and loan rates can be rejected for the entire market.

Full-Text [PDF 1114 kb]   (1583 Downloads)    
Type of Study: Empirical Study | Subject: Monetary Policy, Central Banking, and the Supply of Money and Credit (E5)
Received: 2015/03/2 | Accepted: 2015/09/1 | Published: 2016/07/20
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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
year 7, Issue 22 (Winter 2015) Back to browse issues page
فصلنامه پژوهش‌های پولی-بانکی Journal of Monetary & Banking Research
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