Hosein Maleki is a PhD student in finance in a joint program of Concordia, McGill, and HEC Universities in Montreal, Canada.
Hosein Maleki is a PhD student in finance in a joint program of Concordia, McGill, and HEC Universities in Montreal, Canada.
MONTREAL – Escalating economic woes, aggravated by increasingly stringent international sanctions that prohibit transactions with Iran’s cen…
I agree. The institutional approach can help suggesting alternative solutions to such a predicament. I just want to add a theoretical part to that:
We've already had models that deal with long-term effects of different shocks [core argument in the first part of the article], be it consumption, or any other macro-level variables. There has also been a parallel debate concerning the "heterogeneous" nature of such factors: for example, the increase to 3.7% in savings may well over-or under-represent the true increase in savings. Same for consumption. A successful link to the monetary policies, I guess, may yield better results- with more mature policy implications.
That's true, I guess the narrative structure may exist in other types of crises as well, like- is there going to be a war or not. Or who is going to be elected. Or alike. I really
like this idea.
Iran’s Crippled Currency
Alireza Rezghi: About the imports policy I personally think that the target was merely taking advantage of the market and official exchange rate difference and to profit from the price gap between the foreign and dom…
Iran’s Crippled Currency
Alireza Rezghi: I totally agree that the recent sanctions have been very effective and have already changed government's Monetary and Fiscal policy. But the recent administration has one big difference comparing to t…