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The Impact of Exchange Rate Misalignment on the Persistence of Inflation in Iran

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  • Masoumi, Esmat

    (University of Mazandaran)

  • Tehranchian, Amir Mansor

    (University of Mazandaran)

Abstract

The purpose of this study is to investigate the impact of exchange rate misalignment on inflation persistence. For this purpose, Vector Auto Regression method and Markov Switching model is used for quarterly data during 1989:4 -2014:3. The results show that, the impact of liquidity growth and exchange rate misalignment on

Suggested Citation

  • Masoumi, Esmat & Tehranchian, Amir Mansor, 2015. "The Impact of Exchange Rate Misalignment on the Persistence of Inflation in Iran," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 10(2), pages 45-69, January.
    • Handle: RePEc:mbr:jmonec:v:10:y:2015:i:2:p:45-69
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    References listed on IDEAS

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