Investigating the Asymmetric Effects of Banking Sector Development and Stock Market Development on Economic Growth in Iran Using Smooth Transition Regression (STR) Model

Nasrin Rostami; Abbas Najafizadeh; Ahmad Sarlak; Esmaeil Safarzadeh

Volume 2, Issue 2 , April 2018, , Pages 131-150

https://doi.org/10.22034/ijf.2018.88420

Abstract
  The purpose of this paper is to examine the asymmetric effects of banking sector and stock market development on economic growth in Iran. For this purpose, Smooth Transition Regression (STR) model used based on seasonal time series data during 1989-2017. The results indicate that the impact of financial ...  Read More