Evaluation the Management to Control The Liquidity Money by Central Bank in Iran

Subject Areas : Financial Knowledge of Securities Analysis

رویا آل عمران ¹ (مسئول مکاتبات)
سید علی آل عمران ² (ندارد)

Received: 2012-03-02 Accepted : 2012-06-02 Published : 2012-12-15

Keywords: Central Bank, Liquidity Money, Instability, Garch model,

Abstract :

The Objective of this paper is evaluation the management to control the liquiditymoney by central bank in Iran from 1378:3 to 1387:2. For this purpose the volatilityindex is drive GARCH model. The result indicate that central bank management incontrol the liquidity money for monetary policy, early years of 1378 and 1379 inputsto improve and central bank’s application planning organized in determining theamount of liquidity money in the final period has led to reduced liquidity moneyinstability and its tendency toward to a stable level and has been optimized.