نویسندگان
1 کارشناس امور اقتصادی، دانشجوی دکتری اقتصاد، دانشگاه عالی دفاع ملی، تهران، ایران.
2 عضو هیئت علمی گروه اقتصاد دانشگاه عالی دفاع ملی، تهران، ایران.
3 دانشجوی دکتری علوم سیاسی، پژوهشگاه علوم انسانی و مطالعات فرهنگی، تهران، ایران .
چکیده
کلیدواژه‌ها
عنوان مقاله [English]
This study analyzes the impact of liquidity on inflation in Iran's economy during the period 2003–2023. Given the significance of liquidity as a key macroeconomic variable, the research employs advanced econometric techniques, including the Augmented Dickey-Fuller (ADF) unit root test, the Johansen cointegration test, and linear regression analysis, to examine the relationship between liquidity and inflation over time. The results indicate that liquidity has a direct and statistically significant effect on inflation. Specifically, during certain periods, increases in liquidity have intensified inflationary pressures in Iran’s economy. The cointegration test confirms a long-run equilibrium relationship between liquidity and inflation, suggesting that changes in liquidity exert persistent effects on price levels. The regression model estimates that a one-unit increase in liquidity leads to a 0.85-unit rise in inflation within the same period. The study recommends that policymakers implement effective liquidity management strategies to control inflation, utilizing monetary policy tools such as interest rate adjustments and open market operations. These findings are particularly relevant given the persistent rise in inflation rates in Iran, providing critical insights for economic and monetary decision-making. Additionally, the paper discusses limitations related to data availability and model specifications, proposing directions for future research in this field.
کلیدواژه‌ها [English]
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