درخت حوزه‌های تخصصی

According to the Basel III regulatory framework, uniform minimum liquidity requirements have been imposed on all types of banks. Using an agent-based model of a banking system, we investigate the effects of liquidity requirements on banks' insolvency under two policy experiments in one of which the minimum liquidity requirements are applied uniformly and in the other differentially across banks. The model introduces a banking system with 12 heterogeneous banks that must also comply with two liquidity requirements while performing their daily activities of taking deposits and making loans. The model is applied to the Iranian banking system. Results illustrate that because banks respond differently to liquidity requirements, applying one size minimum liquidity requirements to all kinds of banks, strengthens the likelihood of a liquidity shock turns into banks' insolvency and could increase banking system instability. Thus our findings highlight that to achieve financial stability at the national level, policymakers should revise the current one size fits all approach when designing liquidity requirements.

The present research seeks to investigate Shahram Rahimian’s Dr. Noon Loves His Wife More Than Mussadiq [1] based on the literary historiographical theory of Hayden White. The central argument of this analysis is to demonstrate how Rahimian represents the history of Iran’s 1953 coup in his novel through mentioning an Iranian historical figure, Dr. Mussadiq, and his relationship with other members of the political party. The history of Iran’s coup and especially that of Dr. Mussadiq have been an interesting subject for most of the historians and writers. Rahimian in his novel impressively addresses the historical facts of the period and endeavors to focus on the realities and at the same time to create a new version of the events by fictionalizing the way he presents his characters. He attempts to convey to the readers that it is possible to have different versions of the apparent historical facts. This novel provides corresponding peculiarities with the postmodern approach of historiography that is presented by Hayden White particularly in his remarkable work, Metahistory (1973). White contends that there could be different versions of historical facts and it is the task of the historian and the writer of historical fiction to interpret the realities and to make his/her own version of the past. Employing White’s significant concept of emplotment, the study explores the way Rahimian depicts the Iranian socio-political and cultural scene of the early 1950s in his novel from a historical perspective. <br clear="all" /> [1]     All translations from Persian to English have been made by the present author.