The Money Illusion Test of Iran Economy
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 6, Issue 12
Abstract
Money illusion affects the behavior of people in economic reactions. It has also an effect on nominal AND real parameters and real variables. It increases the economic growth. The results were analyzed by the econometric approach based on the seasonal data of Iran’s economy since 1367 to 1390. Method of estimation is OLS methods. Eviews software will be used to fit the model.
Authors and Affiliations
Kolsuom Mohammadzadeh| Master Student, Department of Economics, Qazvin Branch, Islamic Azad University, Qazvin, Iran, Mohammadreza Monjazeb| Faculty member of University of Economic Sciences, Tehran, Iran, email: dr_monjazeb@yahoo.com, MortezaAsadi| Faculty member of University of Economic Sciences, Tehran, Iran
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