TY - BOOK ED - International Monetary Fund. TI - Islamic Republic of Iran: Selected Issues T2 - IMF Staff Country Reports; Country Report SN - 1451819064 : SN - 1934-7685 PY - 2008/// CY - Washington, D.C. PB - International Monetary Fund KW - Null Hypothesis KW - imf KW - P-Value KW - Serial Correlation KW - Unit Root KW - Iran, Islamic Republic of N2 - This Selected Issues Paper on Iran reviews that monetary factors are the main determinants of inflation in the country. Government spending out of oil revenues leads to large liquidity injections that the central bank accommodates owing to its efforts to prevent a significant nominal appreciation of the rial and the lack of effective sterilization instruments. The growing discontent with inflation, however, has compelled policymakers to focus on this issue, bringing it to the forefront of the policy agenda UR - http://elibrary.imf.org/view/IMF002/09564-9781451819069/09564-9781451819069/09564-9781451819069.xml UR - http://www.imfbookstore.org/IMFORG/9781451819069 ER -