In this study the relationship between inflation and economic growth has been estimated in different business cycles with GARCH model in Iran. The results obtained including: (1) Inflation uncertainty have a negative and significant effect on growth (2) Inflation with pause has a positive effect on economic growth. (3) Beforehand by Friedman and Ball forecasted that increases of inflation increased the inflation uncertainty, although confirmed this matter completely. But wholly effect of inflation is positive on the Iranian economy. (4) Variable of period after the presidential election in Iran and variable of years that performed economic liberalization policies increase inflation significantly. (5) After a pause increase of oil prices had a negative effect on economic growth and cause increase inflation.
کلید واژگان :Inflation rate. Uncertainty of inflation rate. Economic growth. GARCH model
ارزش ریالی : 300000 ریال
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