Document Type : Original Article
Authors
1
Ph. D of Economics, Department of Economics, Bu-Ali Sina University, Hamedan, Iran
2
Prof of Economics, Department of Economics, Bu-Ali Sina University, Hamedan, Iran
3
Prof of Economics, Department of Economic, Alzahra University, Tehran, Iran
4
Assistant Prof of Economics, Department of Economics, Bu-Ali Sina University, Hamedan, Iran
Abstract
In this study, risk aversion behavior in the Iranian economy has been explained. For this purpose, using various econometric methods, risk aversion parameter and sanctions intensity index in the Iranian economy during the period of April 2007 to March 2020 has been estimated. Then the average individual and social characteristics in Iranian society and inequality index using households' income and expenditur survey data and household income is calculated. The results show that the increase in the average age of the population, rental rates, gender ratio of women in society, the share of the married population in the population, fluctuations in GDP and the intensification of sanctions lead to an increase in risk aversion in the economy. Also, increasing economic growth, years of education, urbanization, household size, increasing income inequality, improving labor market conditions and car ownership rates are factors in improving risk taking in the economy.
Keywords
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