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- W2473981254 abstract "Since the revolution (1978-1979), Iran has been facing a sever rate of inflation. Many studies show inflation in Iran is a monetary phenomenon. This study is an attempt to prove the cost-push inflation increases inflation as well. A combination between Phillips curve and Oken’s Law and Markup pricing demonstrations the positive relationship between inflation and real GDP. While in Iran’s economy, the results illustrate the relationship between real GDP and inflation is negative in 1979 to 2011. Hence a 1% increase in real GDP decreases inflation 0.67%. It means that a decrease in real GDP augments inflation in Iran (stagflation). This implies that Iran’s inflation follows cost-push inflation." @default.
- W2473981254 created "2016-07-22" @default.
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- W2473981254 date "2015-01-01" @default.
- W2473981254 modified "2023-09-28" @default.
- W2473981254 title "Phillips Curve, Oken’s Law, Markup Pricing and Cost-Push Inflation in Iran Economy" @default.
- W2473981254 hasPublicationYear "2015" @default.
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