Determinants of Financial Development in Iran : Do Financial Repression Policies Hinder Financial Development?

ISBN-13: 9783846553374 / Angielski / Miękka / 2011 / 80 str.

Omid Dehghan Nejad

Opis

It has been widely discussed in the financial development literature that repressive financial policies have an adverse impact on financial development process in developing countries. Against this backdrop, the purpose of this study is to investigate the determinants of financial development in Iran assess whether financial repression has a significant impact on financial development using annual data spanning the period between 1965 and 2006. For this purpose, the time-series econometric technique of Johansen Cointegration analysis has been used.

O autorze

PhD candidate in Economics and Management Sciences at Algarve University, Faculty of Economics, Portugal. He received his MS in Banking and Finance from Eastern Mediterranean University, Department of Banking and Finance, Cyprus. He is an active researcher in the area of Financial Development and Economic Growth.