The present paper examines the common wisdom on the contagion from Russia to Brazil. We concentrate our attention principally on the dependence and contagion between Brazil and Russia in the late 1998, and the…
In recent years, the causes and consequences of smuggling have attracted much attention in the media, mainly thanks to academics and policy makers. While a large body of literature is devoted to theoretical…
The Iranian economy is highly vulnerable to oil price fluctuations. This paper analyzes the dynamic relationship between oil price shocks and major macroeconomic variables in Iran by applying a VAR approach.…
This study investigates the main causes and consequences of import and export smuggling and estimates the relative index of smuggling in Iran from 1970 to 2002. The Multiple Indicators - Multiple Causes…
This study investigates the main causes and indicators of smuggling in both import and export sections of the Iranian Economy and estimates an absolute index of smuggling in Iran during the period 1970-2002.…
The recent years have been marked by massive price movements in resource markets. Particularly record high prices for oil have been reached. Although until late 2008, oil prices have decreased from nearly 150 to…