This study aims to introduce an ideal model for forecasting crude oil price volatility. For this purpose, the ‘predictability’ hypothesis was tested using the variance ratio test, BDS<link href="#opec12030-note-0007"/> test and the chaos analysis. Structural analyses were also carried out to identify possible non-linear...

This paper reviews Iran's macroeconomic policies and performances during the last 3 decades, starting with the macroeconomic situation before the Islamic Revolution in 1979. Iran emerged from the 8-year war with Iraq in 1988 with a highly centralized economy. Iran then initiated an ambitious...