revenues when managed appropriately are a blessing, but their volatility (which in Iran is much higher than oil price … volatility) can have adverse effects on real output, through excessively high and persistent levels of inflation. Lack of … 1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance in the Iranian …

We examine the response of the news-based Corruption Reflection Index (CRI) to positive shocks in oil revenues in Iran … relationship operates include inflation, military spending, and the degradation of democratic institutions. Moreover, we provide a … case study of clientelism in public investment projects in Iran from 2002 to 2012 and their impact on the public budget. …

revenues when managed appropriately are a blessing, but their volatility (which in Iran is much higher than oil price … volatility) can have adverse effects on real output, through excessively high and persistent levels of inflation. Lack of … 1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance in the Iranian …

revenues when managed appropriately are a blessing, but their volatility (which in Iran is much higher than oil price … volatility) can have adverse effects on real output, through excessively high and persistent levels of inflation. Lack of … 1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance in the Iranian …

revenues when managed appropriately are a blessing, but their volatility (which in Iran is much higher than oil price … volatility) can have adverse effects on real output, through excessively high and persistent levels of inflation. Lack of … 1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance in the Iranian …

by jumps in the price and volatility of crude oil. Data used are daily from 14 February 2011, to 31 July 2019. We detect … sovereign risks of oil-exporters are significantly affected by oil volatility jumps, not by oil price jumps. These findings … suggest that the sovereign risks of oil-exporters are affected by abrupt movements in oil implied volatility, which points to …