01665cas a2200241 a 4500 AALejournalIMF009277 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451866834 1018-5941 BD-DhAAL BD-DhAAL Bonato, Leo. Money and Inflation in the Islamic Republic of Iran / Leo Bonato. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (17 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper looks at the determinants of inflation in Iran. Unlike the traditional estimates of the demand function for real money balances, the approach followed here focuses on the relationship between nominal variables and inflation. The model estimates are used to address the questions raised by the decline in inflation that occurred up to the first half of 2006, looking at the structural stability of the estimated relationships and the ability of the model to predict inflation at the end of the sample. The estimates confirm the strong relationship between money and inflation when M1 is used, with no evidence of a structural change. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/119 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/119/001.2007.issue-119-en.xml IMF e-Library