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The Analysis of Employment Protection Legislation’s Effects on the Industrial firms’ Speed of Adjustment
, M.Sc. Thesis Sharif University of Technology ; Nili, Masoud (Supervisor)
Abstract
The constitution's effect on economy’s performance is a complex and interesting issue. In the labor market economy, The Employment protection legislation (EPL) beside the minimum wage are two important constitutions that considerably determine the main features of the market and affects the efficiency of the economy. The EPL’s strictness varies between different countries and as many argue, it is the main factor that describes the already difference between north American and southern Europe countries labor markets. In this research, the EPL’s influence on speed of adjustment in manufacturing sector of different countries was studied. To analyze the manufacturing sector, labor demand...
The Spatial and Temporal Diffusion of House Prices in Tehran’s Municipality Zones
,
M.Sc. Thesis
Sharif University of Technology
;
Barakchian, Mehdi
(Supervisor)
;
Fatemi Ardestani, Farshad
(Supervisor)
Abstract
The spatial diffusion of house prices has been the subject of research for many years. Most of these studies have found a strong relationship between neighboring regions and a weaker relation between nonneighbors. This study uses changes in real house prices within Tehran at the level of municipality zones to illustrate the ripple effect by using quarterly house price data of Tehran’s twenty municipality zones since 1371 to 1391. It also aims to illustrate the heterogeneity in spatial spillovers of house prices development across space and time. We found that a positive shock in house prices diffuse more rapidly that a negative shock; the time shock will diffuse also have a heavier level...
The Effect Of Economic Factors On Tehran Stock Exchange
, M.Sc. Thesis Sharif University of Technology ; Eshraghniaye Jahromi, Abdolhamid (Supervisor)
Abstract
In this study it is attempted to investigate the impact of macroeconomic variables on the determination stock price in Iran.In this study it is used quarterly time series data of stock price and also macroeconomic variables including Growth of Consumer Price Index(Inflation), Iran Crude Oil Price, Exchange Rate, Gold Price, Liquidity, Money Supply and Gross Domestic Product for a period of 10 years (1381:1-1390:4). Data is obtained from monthly and quarterly reports, available on the website of the Central Bank of Iran and Tehran Stock Exchange Organization. In the analysis of the collected data, It is applied unit root tests, test for co integration, and utilize a Vector Auto Regressive...
Evaluation of the Impact of Exhaustible Energy Resources on Factor Productivity
, M.Sc. Thesis Sharif University of Technology ; Saboohi, Yadollah (Supervisor)
Abstract
Economics is the science of using scarce resources, which helps to identify the optimal use of economic resources. Enhancement of productivity leads more efficient use of resources in economics sectors. Identification of ways and means of improving productivity is an important policy issue which requires an analysis of the effects of determinants of productivity. In the present research work, Total Factor Productivity (TFP) has been econometrically estimated; based on production function theory. Application of this concept indicates that the elasticities of total value-added (i.e. GDP minus oil rents) with respect to physical capital and labor are 0.8 and 0.2 respectively. It is further...
Studying Short-Run and Long-Run Relationship between Real Exchange Rate and Real GDP in Iran
, M.Sc. Thesis Sharif University of Technology ; Nili, Masoud (Supervisor)
Abstract
Exchange rate is one of the macroeconomic variables that can affect domestic product, economic growth and unemployment. Since macroeconomics wants to explain inflation, unemployment and economic growth, exchange rate is one of the most important macroeconomic variables. In economic literature, many studies have been performed to investigate the linkage between Real Exchange Rate (RER) and other real economic variables (such as domestic product, unemployment, etc.). In this study, we first construct the RER for the economy of Iran and then, using Vector Error Correction Model (VECM), short-run and long-run relations between RER and Gross Domestic Product (GDP) is evaluated.
The results of...
The results of...
Time series analysis framework for forecasting the construction labor costs
, Article KSCE Journal of Civil Engineering ; Volume 25, Issue 8 , 2021 , Pages 2809-2823 ; 12267988 (ISSN) ; Gholipour, Y ; Kashani, H ; Sharif University of Technology
Springer Verlag
2021
Abstract
This manuscript presents a framework to develop vector error correction (VEC) models applicable to forecasting the short- and long-run movements of the average hourly earnings of construction labor, which is an essential predictor of the construction labor costs. These models characterize the relationship between average hourly earnings and a set of explanatory variables. The framework is applied to develop VEC forecasting models for the average hourly earnings of construction labor in the USA based on the identified variables that govern its movements, such as Global Energy Price Index, Gross Domestic Product, and Personal Consumption Expenditures. More than 150 candidate VEC models were...
Analyzing the Relationship Between Tehran and Dubai Stock Exchange
, M.Sc. Thesis Sharif University of Technology ; Keshavarz Haddad, Gholamreza (Supervisor)
Abstract
One of the obvious features of financial markets is the spread of crisis across the markets, which is called contagion and realized in forms of return and volatility spillover. Using the daily data on the stock price from December 2006 through June 2010, this study aims to examine the presence and significance of these spillovers between Tehran and Dubai Stock Exchange, by a FIVECM technique. The FIVECM provides long-run equilibrium relationships between the returns in the markets and short-run dynamics of involved endogenous variables. Furthermore, it takes into account presence of fractionality in the time series’ integration. Our analytical framework, models the spillover effects in...