Modeling the Impact of Trade Sanctions on Monetary Variables in Iran's Economy
Subject Areas : تخصصی
Mehdi Abdullah Pour
1
,
Syed Farzad Hashemi
2
,
Mohsen shahhosini
3
1 - PhD Student, Department of Financial Management, Shahr-e-Qods Branch, Islamic Azad University, Tehran, Iran
2 - Associate Professor, Department of Financial Management, Shahr-e-Qods Branch, Islamic Azad University, Tehran, Iran
3 - Associate Professor, Department of Mathematics, Shahr-e-Qods Branch, Islamic Azad University, Tehran, Iran
Keywords: Sanctions, commercial, monetary, inflation, interest, economy,
Abstract :
Sanctions have had widespread negative effects on Iran's economy, including economic activities and trade exchanges. This study analyzes the impact of sanctions on two major monetary variables, inflation and interest rates, using the Structural Vector Autoregressive (SVAR) model. The results show that sanctions have a significant effect on these variables, leading to a temporary increase, which decreases after a few periods. These changes result from the responses of the variables to the shocks induced by the sanctions