id	sid	tid	token	lemma	pos
asfbr-295	1	1	copyright	copyright	NOUN
asfbr-295	1	2	©	©	PROPN
asfbr-295	1	3	cc	cc	PROPN
asfbr-295	1	4	-	-	PUNCT
asfbr-295	1	5	by	by	ADP
asfbr-295	1	6	-	-	PUNCT
asfbr-295	1	7	nc	nc	PROPN
asfbr-295	1	8	2019	2019	NUM
asfbr-295	1	9	,	,	PUNCT
asfbr-295	1	10	cribfb	cribfb	PROPN
asfbr-295	1	11	|	|	ADV
asfbr-295	1	12	afbr	afbr	PROPN
asfbr-295	1	13	asian	asian	ADJ
asfbr-295	1	14	finance	finance	PROPN
asfbr-295	1	15	&	&	CCONJ
asfbr-295	1	16	banking	banking	PROPN
asfbr-295	1	17	review	review	PROPN
asfbr-295	1	18	;	;	PUNCT
asfbr-295	1	19	vol	vol	NOUN
asfbr-295	1	20	.	.	PROPN
asfbr-295	2	1	3	3	NUM
asfbr-295	2	2	,	,	PUNCT
asfbr-295	2	3	no	no	INTJ
asfbr-295	2	4	.	.	NOUN
asfbr-295	2	5	1	1	NUM
asfbr-295	2	6	;	;	PUNCT
asfbr-295	2	7	2019	2019	NUM
asfbr-295	2	8	issn	issn	VERB
asfbr-295	2	9	2576	2576	NUM
asfbr-295	2	10	-	-	SYM
asfbr-295	2	11	1161	1161	NUM
asfbr-295	2	12	e	e	NOUN
asfbr-295	2	13	-	-	NOUN
asfbr-295	2	14	issn	issn	VERB
asfbr-295	2	15	2576	2576	NUM
asfbr-295	2	16	-	-	SYM
asfbr-295	2	17	1188	1188	NUM
asfbr-295	2	18	research	research	NOUN
asfbr-295	2	19	article	article	NOUN
asfbr-295	2	20	published	publish	VERB
asfbr-295	2	21	by	by	ADP
asfbr-295	2	22	centre	centre	NOUN
asfbr-295	2	23	for	for	ADP
asfbr-295	2	24	research	research	NOUN
asfbr-295	2	25	on	on	ADP
asfbr-295	2	26	islamic	islamic	ADJ
asfbr-295	2	27	banking	banking	PROPN
asfbr-295	2	28	&	&	CCONJ
asfbr-295	2	29	finance	finance	PROPN
asfbr-295	2	30	and	and	CCONJ
asfbr-295	2	31	business	business	NOUN
asfbr-295	2	32	,	,	PUNCT
asfbr-295	2	33	usa	usa	PROPN
asfbr-295	2	34	44	44	NUM
asfbr-295	2	35	controlling	control	VERB
asfbr-295	2	36	parallel	parallel	ADJ
asfbr-295	2	37	exchange	exchange	NOUN
asfbr-295	2	38	market	market	NOUN
asfbr-295	2	39	by	by	ADP
asfbr-295	2	40	monetary	monetary	ADJ
asfbr-295	2	41	targeting	targeting	NOUN
asfbr-295	2	42	and	and	CCONJ
asfbr-295	2	43	anti	anti	ADJ
asfbr-295	2	44	-	-	ADJ
asfbr-295	2	45	inflationary	inflationary	ADJ
asfbr-295	2	46	policies	policy	NOUN
asfbr-295	2	47	bijan	bijan	NOUN
asfbr-295	2	48	bidabad	bidabad	VERB
asfbr-295	2	49	1	1	NUM
asfbr-295	2	50	abstract	abstract	NOUN
asfbr-295	2	51	in	in	ADP
asfbr-295	2	52	this	this	DET
asfbr-295	2	53	paper	paper	NOUN
asfbr-295	2	54	,	,	PUNCT
asfbr-295	2	55	the	the	DET
asfbr-295	2	56	triangular	triangular	NOUN
asfbr-295	2	57	relationship	relationship	NOUN
asfbr-295	2	58	between	between	ADP
asfbr-295	2	59	money	money	NOUN
asfbr-295	2	60	,	,	PUNCT
asfbr-295	2	61	price	price	NOUN
asfbr-295	2	62	,	,	PUNCT
asfbr-295	2	63	and	and	CCONJ
asfbr-295	2	64	foreign	foreign	ADJ
asfbr-295	2	65	exchange	exchange	NOUN
asfbr-295	2	66	are	be	AUX
asfbr-295	2	67	studied	study	VERB
asfbr-295	2	68	.	.	PUNCT
asfbr-295	3	1	it	it	PRON
asfbr-295	3	2	is	be	AUX
asfbr-295	3	3	concluded	conclude	VERB
asfbr-295	3	4	that	that	SCONJ
asfbr-295	3	5	regulating	regulate	VERB
asfbr-295	3	6	the	the	DET
asfbr-295	3	7	exchange	exchange	NOUN
asfbr-295	3	8	rate	rate	NOUN
asfbr-295	3	9	by	by	ADP
asfbr-295	3	10	volume	volume	NOUN
asfbr-295	3	11	of	of	ADP
asfbr-295	3	12	liquidity	liquidity	NOUN
asfbr-295	3	13	in	in	ADP
asfbr-295	3	14	a	a	DET
asfbr-295	3	15	period	period	NOUN
asfbr-295	3	16	of	of	ADP
asfbr-295	3	17	less	less	ADJ
asfbr-295	3	18	than	than	ADP
asfbr-295	3	19	a	a	PRON
asfbr-295	3	20	year	year	NOUN
asfbr-295	3	21	is	be	AUX
asfbr-295	3	22	not	not	PART
asfbr-295	3	23	possible	possible	ADJ
asfbr-295	3	24	,	,	PUNCT
asfbr-295	3	25	but	but	CCONJ
asfbr-295	3	26	in	in	ADP
asfbr-295	3	27	annual	annual	ADJ
asfbr-295	3	28	and	and	CCONJ
asfbr-295	3	29	biannual	biannual	ADJ
asfbr-295	3	30	analyses	analysis	NOUN
asfbr-295	3	31	,	,	PUNCT
asfbr-295	3	32	we	we	PRON
asfbr-295	3	33	can	can	AUX
asfbr-295	3	34	regulate	regulate	VERB
asfbr-295	3	35	the	the	DET
asfbr-295	3	36	exchange	exchange	NOUN
asfbr-295	3	37	rate	rate	NOUN
asfbr-295	3	38	through	through	ADP
asfbr-295	3	39	controlling	control	VERB
asfbr-295	3	40	the	the	DET
asfbr-295	3	41	liquidity	liquidity	NOUN
asfbr-295	3	42	.	.	PUNCT
asfbr-295	4	1	in	in	ADP
asfbr-295	4	2	other	other	ADJ
asfbr-295	4	3	words	word	NOUN
asfbr-295	4	4	,	,	PUNCT
asfbr-295	4	5	in	in	ADP
asfbr-295	4	6	the	the	DET
asfbr-295	4	7	long	long	ADJ
asfbr-295	4	8	run	run	NOUN
asfbr-295	4	9	,	,	PUNCT
asfbr-295	4	10	the	the	DET
asfbr-295	4	11	exchange	exchange	NOUN
asfbr-295	4	12	rate	rate	NOUN
asfbr-295	4	13	is	be	AUX
asfbr-295	4	14	affected	affect	VERB
asfbr-295	4	15	by	by	ADP
asfbr-295	4	16	liquidity	liquidity	NOUN
asfbr-295	4	17	and	and	CCONJ
asfbr-295	4	18	price	price	NOUN
asfbr-295	4	19	level	level	NOUN
asfbr-295	4	20	,	,	PUNCT
asfbr-295	4	21	but	but	CCONJ
asfbr-295	4	22	in	in	ADP
asfbr-295	4	23	the	the	DET
asfbr-295	4	24	short	short	ADJ
asfbr-295	4	25	run	run	NOUN
asfbr-295	4	26	,	,	PUNCT
asfbr-295	4	27	the	the	DET
asfbr-295	4	28	price	price	NOUN
asfbr-295	4	29	level	level	NOUN
asfbr-295	4	30	has	have	VERB
asfbr-295	4	31	only	only	ADV
asfbr-295	4	32	temporary	temporary	ADJ
asfbr-295	4	33	effects	effect	NOUN
asfbr-295	4	34	on	on	ADP
asfbr-295	4	35	the	the	DET
asfbr-295	4	36	exchange	exchange	NOUN
asfbr-295	4	37	rate	rate	NOUN
asfbr-295	4	38	.	.	PUNCT
asfbr-295	5	1	the	the	DET
asfbr-295	5	2	results	result	NOUN
asfbr-295	5	3	of	of	ADP
asfbr-295	5	4	the	the	DET
asfbr-295	5	5	study	study	NOUN
asfbr-295	5	6	show	show	VERB
asfbr-295	5	7	that	that	SCONJ
asfbr-295	5	8	:	:	PUNCT
asfbr-295	5	9			PROPN
asfbr-295	6	1	liquidity	liquidity	NOUN
asfbr-295	6	2	affects	affect	VERB
asfbr-295	6	3	the	the	DET
asfbr-295	6	4	exchange	exchange	NOUN
asfbr-295	6	5	rate	rate	NOUN
asfbr-295	6	6	in	in	ADP
asfbr-295	6	7	the	the	DET
asfbr-295	6	8	long	long	ADJ
asfbr-295	6	9	run	run	NOUN
asfbr-295	6	10			PUNCT
asfbr-295	6	11	prices	price	NOUN
asfbr-295	6	12	affect	affect	VERB
asfbr-295	6	13	the	the	DET
asfbr-295	6	14	liquidity	liquidity	NOUN
asfbr-295	6	15	in	in	ADP
asfbr-295	6	16	the	the	DET
asfbr-295	6	17	long	long	ADJ
asfbr-295	6	18	run	run	NOUN
asfbr-295	6	19			VERB
asfbr-295	6	20	in	in	ADP
asfbr-295	6	21	the	the	DET
asfbr-295	6	22	long	long	ADJ
asfbr-295	6	23	run	run	NOUN
asfbr-295	6	24	,	,	PUNCT
asfbr-295	6	25	liquidity	liquidity	NOUN
asfbr-295	6	26	and	and	CCONJ
asfbr-295	6	27	exchange	exchange	NOUN
asfbr-295	6	28	rate	rate	NOUN
asfbr-295	6	29	affect	affect	VERB
asfbr-295	6	30	prices	price	NOUN
asfbr-295	6	31	our	our	PRON
asfbr-295	6	32	results	result	NOUN
asfbr-295	6	33	show	show	VERB
asfbr-295	6	34	that	that	SCONJ
asfbr-295	6	35	injection	injection	NOUN
asfbr-295	6	36	of	of	ADP
asfbr-295	6	37	foreign	foreign	ADJ
asfbr-295	6	38	exchange	exchange	NOUN
asfbr-295	6	39	into	into	ADP
asfbr-295	6	40	the	the	DET
asfbr-295	6	41	parallel	parallel	ADJ
asfbr-295	6	42	exchange	exchange	NOUN
asfbr-295	6	43	market	market	NOUN
asfbr-295	6	44	with	with	ADP
asfbr-295	6	45	different	different	ADJ
asfbr-295	6	46	lags	lag	NOUN
asfbr-295	6	47	has	have	VERB
asfbr-295	6	48	little	little	ADJ
asfbr-295	6	49	effects	effect	NOUN
asfbr-295	6	50	with	with	ADP
asfbr-295	6	51	different	different	ADJ
asfbr-295	6	52	directions	direction	NOUN
asfbr-295	6	53	on	on	ADP
asfbr-295	6	54	the	the	DET
asfbr-295	6	55	exchange	exchange	NOUN
asfbr-295	6	56	rate	rate	NOUN
asfbr-295	6	57	.	.	PUNCT
asfbr-295	7	1	the	the	DET
asfbr-295	7	2	same	same	ADJ
asfbr-295	7	3	result	result	NOUN
asfbr-295	7	4	is	be	AUX
asfbr-295	7	5	true	true	ADJ
asfbr-295	7	6	for	for	ADP
asfbr-295	7	7	the	the	DET
asfbr-295	7	8	relationship	relationship	NOUN
asfbr-295	7	9	between	between	ADP
asfbr-295	7	10	liquidity	liquidity	NOUN
asfbr-295	7	11	and	and	CCONJ
asfbr-295	7	12	dollar	dollar	NOUN
asfbr-295	7	13	rate	rate	NOUN
asfbr-295	7	14	.	.	PUNCT
asfbr-295	8	1	in	in	ADP
asfbr-295	8	2	other	other	ADJ
asfbr-295	8	3	words	word	NOUN
asfbr-295	8	4	,	,	PUNCT
asfbr-295	8	5	in	in	ADP
asfbr-295	8	6	spite	spite	NOUN
asfbr-295	8	7	of	of	ADP
asfbr-295	8	8	the	the	DET
asfbr-295	8	9	long	long	ADJ
asfbr-295	8	10	run	run	NOUN
asfbr-295	8	11	relationship	relationship	NOUN
asfbr-295	8	12	between	between	ADP
asfbr-295	8	13	exchange	exchange	NOUN
asfbr-295	8	14	rate	rate	NOUN
asfbr-295	8	15	and	and	CCONJ
asfbr-295	8	16	liquidity	liquidity	NOUN
asfbr-295	8	17	,	,	PUNCT
asfbr-295	8	18	we	we	PRON
asfbr-295	8	19	can	can	AUX
asfbr-295	8	20	not	not	PART
asfbr-295	8	21	justify	justify	VERB
asfbr-295	8	22	this	this	DET
asfbr-295	8	23	relationship	relationship	NOUN
asfbr-295	8	24	in	in	ADP
asfbr-295	8	25	the	the	DET
asfbr-295	8	26	short	short	ADJ
asfbr-295	8	27	run	run	NOUN
asfbr-295	8	28	.	.	PUNCT
asfbr-295	9	1	the	the	DET
asfbr-295	9	2	same	same	ADJ
asfbr-295	9	3	is	be	AUX
asfbr-295	9	4	true	true	ADJ
asfbr-295	9	5	with	with	ADP
asfbr-295	9	6	the	the	DET
asfbr-295	9	7	balance	balance	NOUN
asfbr-295	9	8	of	of	ADP
asfbr-295	9	9	payments	payment	NOUN
asfbr-295	9	10	position	position	NOUN
asfbr-295	9	11	and	and	CCONJ
asfbr-295	9	12	exchange	exchange	NOUN
asfbr-295	9	13	rate	rate	NOUN
asfbr-295	9	14	in	in	ADP
asfbr-295	9	15	the	the	DET
asfbr-295	9	16	short	short	ADJ
asfbr-295	9	17	run	run	NOUN
asfbr-295	9	18	.	.	PUNCT
asfbr-295	10	1	by	by	ADP
asfbr-295	10	2	simulating	simulate	VERB
asfbr-295	10	3	the	the	DET
asfbr-295	10	4	relationship	relationship	NOUN
asfbr-295	10	5	between	between	ADP
asfbr-295	10	6	injecting	inject	VERB
asfbr-295	10	7	(	(	PUNCT
asfbr-295	10	8	selling	selling	NOUN
asfbr-295	10	9	)	)	PUNCT
asfbr-295	10	10	foreign	foreign	ADJ
asfbr-295	10	11	exchange	exchange	NOUN
asfbr-295	10	12	in	in	ADP
asfbr-295	10	13	the	the	DET
asfbr-295	10	14	parallel	parallel	ADJ
asfbr-295	10	15	exchange	exchange	NOUN
asfbr-295	10	16	market	market	NOUN
asfbr-295	10	17	,	,	PUNCT
asfbr-295	10	18	liquidity	liquidity	NOUN
asfbr-295	10	19	and	and	CCONJ
asfbr-295	10	20	the	the	DET
asfbr-295	10	21	cumulative	cumulative	ADJ
asfbr-295	10	22	balance	balance	NOUN
asfbr-295	10	23	of	of	ADP
asfbr-295	10	24	payments	payment	NOUN
asfbr-295	10	25	all	all	ADV
asfbr-295	10	26	with	with	ADP
asfbr-295	10	27	exchange	exchange	NOUN
asfbr-295	10	28	rate	rate	NOUN
asfbr-295	10	29	,	,	PUNCT
asfbr-295	10	30	we	we	PRON
asfbr-295	10	31	can	can	AUX
asfbr-295	10	32	conclude	conclude	VERB
asfbr-295	10	33	that	that	SCONJ
asfbr-295	10	34	in	in	ADP
asfbr-295	10	35	the	the	DET
asfbr-295	10	36	short	short	ADJ
asfbr-295	10	37	run	run	NOUN
asfbr-295	10	38	,	,	PUNCT
asfbr-295	10	39	regulating	regulate	VERB
asfbr-295	10	40	exchange	exchange	NOUN
asfbr-295	10	41	rate	rate	NOUN
asfbr-295	10	42	by	by	ADP
asfbr-295	10	43	instruments	instrument	NOUN
asfbr-295	10	44	such	such	ADJ
asfbr-295	10	45	as	as	ADP
asfbr-295	10	46	selling	sell	VERB
asfbr-295	10	47	exchange	exchange	NOUN
asfbr-295	10	48	in	in	ADP
asfbr-295	10	49	the	the	DET
asfbr-295	10	50	parallel	parallel	ADJ
asfbr-295	10	51	market	market	NOUN
asfbr-295	10	52	or	or	CCONJ
asfbr-295	10	53	controlling	control	VERB
asfbr-295	10	54	the	the	DET
asfbr-295	10	55	liquidity	liquidity	NOUN
asfbr-295	10	56	is	be	AUX
asfbr-295	10	57	not	not	PART
asfbr-295	10	58	possible	possible	ADJ
asfbr-295	10	59	,	,	PUNCT
asfbr-295	10	60	but	but	CCONJ
asfbr-295	10	61	in	in	ADP
asfbr-295	10	62	the	the	DET
asfbr-295	10	63	long	long	ADJ
asfbr-295	10	64	run	run	NOUN
asfbr-295	10	65	,	,	PUNCT
asfbr-295	10	66	conducting	conduct	VERB
asfbr-295	10	67	foreign	foreign	ADJ
asfbr-295	10	68	exchange	exchange	NOUN
asfbr-295	10	69	sale	sale	NOUN
asfbr-295	10	70	policy	policy	NOUN
asfbr-295	10	71	and	and	CCONJ
asfbr-295	10	72	controlling	control	VERB
asfbr-295	10	73	the	the	DET
asfbr-295	10	74	liquidity	liquidity	NOUN
asfbr-295	10	75	and	and	CCONJ
asfbr-295	10	76	the	the	DET
asfbr-295	10	77	balance	balance	NOUN
asfbr-295	10	78	of	of	ADP
asfbr-295	10	79	payments	payment	NOUN
asfbr-295	10	80	position	position	NOUN
asfbr-295	10	81	can	can	AUX
asfbr-295	10	82	control	control	VERB
asfbr-295	10	83	the	the	DET
asfbr-295	10	84	exchange	exchange	NOUN
asfbr-295	10	85	market	market	NOUN
asfbr-295	10	86	.	.	PUNCT
asfbr-295	11	1	keywords	keyword	NOUN
asfbr-295	11	2	:	:	PUNCT
asfbr-295	11	3	foreign	foreign	ADJ
asfbr-295	11	4	exchange	exchange	NOUN
asfbr-295	11	5	,	,	PUNCT
asfbr-295	11	6	money	money	NOUN
asfbr-295	11	7	supply	supply	NOUN
asfbr-295	11	8	targeting	target	VERB
asfbr-295	11	9	,	,	PUNCT
asfbr-295	11	10	monetary	monetary	ADJ
asfbr-295	11	11	policy	policy	NOUN
asfbr-295	11	12	,	,	PUNCT
asfbr-295	11	13	market	market	NOUN
asfbr-295	11	14	control	control	NOUN
asfbr-295	11	15	,	,	PUNCT
asfbr-295	11	16	exchange	exchange	NOUN
asfbr-295	11	17	rate	rate	NOUN
asfbr-295	11	18	policy	policy	NOUN
asfbr-295	11	19	1	1	NUM
asfbr-295	11	20	.	.	PUNCT
asfbr-295	11	21	introduction	introduction	NOUN
asfbr-295	11	22	mixed	mix	VERB
asfbr-295	11	23	monetary	monetary	ADJ
asfbr-295	11	24	-	-	PUNCT
asfbr-295	11	25	exchange	exchange	NOUN
asfbr-295	11	26	policy	policy	NOUN
asfbr-295	11	27	making	making	NOUN
asfbr-295	11	28	is	be	AUX
asfbr-295	11	29	one	one	NUM
asfbr-295	11	30	of	of	ADP
asfbr-295	11	31	the	the	DET
asfbr-295	11	32	important	important	ADJ
asfbr-295	11	33	problems	problem	NOUN
asfbr-295	11	34	in	in	ADP
asfbr-295	11	35	macro	macro	ADJ
asfbr-295	11	36	-	-	ADJ
asfbr-295	11	37	economic	economic	ADJ
asfbr-295	11	38	planning	planning	NOUN
asfbr-295	11	39	.	.	PUNCT
asfbr-295	12	1	if	if	SCONJ
asfbr-295	12	2	monetary	monetary	ADJ
asfbr-295	12	3	and	and	CCONJ
asfbr-295	12	4	exchange	exchange	NOUN
asfbr-295	12	5	policies	policy	NOUN
asfbr-295	12	6	are	be	AUX
asfbr-295	12	7	selected	select	VERB
asfbr-295	12	8	independently	independently	ADV
asfbr-295	12	9	,	,	PUNCT
asfbr-295	12	10	one	one	NUM
asfbr-295	12	11	policy	policy	NOUN
asfbr-295	12	12	may	may	AUX
asfbr-295	12	13	neutralize	neutralize	VERB
asfbr-295	12	14	the	the	DET
asfbr-295	12	15	effects	effect	NOUN
asfbr-295	12	16	of	of	ADP
asfbr-295	12	17	the	the	DET
asfbr-295	12	18	other	other	ADJ
asfbr-295	12	19	,	,	PUNCT
asfbr-295	12	20	and	and	CCONJ
asfbr-295	12	21	other	other	ADJ
asfbr-295	12	22	goals	goal	NOUN
asfbr-295	12	23	such	such	ADJ
asfbr-295	12	24	as	as	ADP
asfbr-295	12	25	price	price	NOUN
asfbr-295	12	26	stabilization	stabilization	NOUN
asfbr-295	12	27	may	may	AUX
asfbr-295	12	28	not	not	PART
asfbr-295	12	29	be	be	AUX
asfbr-295	12	30	fulfilled	fulfil	VERB
asfbr-295	12	31	.	.	PUNCT
asfbr-295	13	1	therefore	therefore	ADV
asfbr-295	13	2	,	,	PUNCT
asfbr-295	13	3	selection	selection	NOUN
asfbr-295	13	4	of	of	ADP
asfbr-295	13	5	the	the	DET
asfbr-295	13	6	mixed	mixed	ADJ
asfbr-295	13	7	policies	policy	NOUN
asfbr-295	13	8	in	in	ADP
asfbr-295	13	9	this	this	DET
asfbr-295	13	10	regard	regard	NOUN
asfbr-295	13	11	is	be	AUX
asfbr-295	13	12	one	one	NUM
asfbr-295	13	13	of	of	ADP
asfbr-295	13	14	the	the	DET
asfbr-295	13	15	fundamental	fundamental	ADJ
asfbr-295	13	16	subjects	subject	NOUN
asfbr-295	13	17	in	in	ADP
asfbr-295	13	18	obtaining	obtain	VERB
asfbr-295	13	19	economic	economic	ADJ
asfbr-295	13	20	stabilization	stabilization	NOUN
asfbr-295	13	21	goals	goal	NOUN
asfbr-295	13	22	.	.	PUNCT
asfbr-295	14	1	for	for	ADP
asfbr-295	14	2	this	this	DET
asfbr-295	14	3	reason	reason	NOUN
asfbr-295	14	4	,	,	PUNCT
asfbr-295	14	5	the	the	DET
asfbr-295	14	6	present	present	ADJ
asfbr-295	14	7	study	study	NOUN
asfbr-295	14	8	will	will	AUX
asfbr-295	14	9	consider	consider	VERB
asfbr-295	14	10	mixed	mixed	ADJ
asfbr-295	14	11	policies	policy	NOUN
asfbr-295	14	12	of	of	ADP
asfbr-295	14	13	controlling	control	VERB
asfbr-295	14	14	liquidity	liquidity	NOUN
asfbr-295	14	15	and	and	CCONJ
asfbr-295	14	16	exchange	exchange	NOUN
asfbr-295	14	17	rate	rate	NOUN
asfbr-295	14	18	for	for	ADP
asfbr-295	14	19	obtaining	obtain	VERB
asfbr-295	14	20	inflation	inflation	NOUN
asfbr-295	14	21	control	control	NOUN
asfbr-295	14	22	.	.	PUNCT
asfbr-295	15	1	therefore	therefore	ADV
asfbr-295	15	2	,	,	PUNCT
asfbr-295	15	3	two	two	NUM
asfbr-295	15	4	major	major	ADJ
asfbr-295	15	5	policies	policy	NOUN
asfbr-295	15	6	of	of	ADP
asfbr-295	15	7	monetary	monetary	ADJ
asfbr-295	15	8	and	and	CCONJ
asfbr-295	15	9	exchange	exchange	NOUN
asfbr-295	15	10	rate	rate	NOUN
asfbr-295	15	11	targeting	targeting	NOUN
asfbr-295	15	12	are	be	AUX
asfbr-295	15	13	regarded	regard	VERB
asfbr-295	15	14	as	as	ADP
asfbr-295	15	15	a	a	DET
asfbr-295	15	16	base	base	NOUN
asfbr-295	15	17	,	,	PUNCT
asfbr-295	15	18	and	and	CCONJ
asfbr-295	15	19	price	price	NOUN
asfbr-295	15	20	stabilization	stabilization	NOUN
asfbr-295	15	21	policy	policy	NOUN
asfbr-295	15	22	is	be	AUX
asfbr-295	15	23	introduced	introduce	VERB
asfbr-295	15	24	from	from	ADP
asfbr-295	15	25	the	the	DET
asfbr-295	15	26	mutual	mutual	ADJ
asfbr-295	15	27	relationship	relationship	NOUN
asfbr-295	15	28	of	of	ADP
asfbr-295	15	29	the	the	DET
asfbr-295	15	30	two	two	NUM
asfbr-295	15	31	mixed	mixed	ADJ
asfbr-295	15	32	policies	policy	NOUN
asfbr-295	15	33	.	.	PUNCT
asfbr-295	16	1	since	since	SCONJ
asfbr-295	16	2	usually	usually	ADV
asfbr-295	16	3	for	for	ADP
asfbr-295	16	4	applying	apply	VERB
asfbr-295	16	5	a	a	DET
asfbr-295	16	6	policy	policy	NOUN
asfbr-295	16	7	,	,	PUNCT
asfbr-295	16	8	we	we	PRON
asfbr-295	16	9	have	have	VERB
asfbr-295	16	10	to	to	PART
asfbr-295	16	11	use	use	VERB
asfbr-295	16	12	only	only	ADV
asfbr-295	16	13	one	one	NUM
asfbr-295	16	14	instrument	instrument	NOUN
asfbr-295	16	15	,	,	PUNCT
asfbr-295	16	16	controlling	control	VERB
asfbr-295	16	17	the	the	DET
asfbr-295	16	18	general	general	ADJ
asfbr-295	16	19	level	level	NOUN
asfbr-295	16	20	of	of	ADP
asfbr-295	16	21	prices	price	NOUN
asfbr-295	16	22	by	by	ADP
asfbr-295	16	23	one	one	NUM
asfbr-295	16	24	policy	policy	NOUN
asfbr-295	16	25	variable	variable	NOUN
asfbr-295	16	26	faces	face	VERB
asfbr-295	16	27	difficulty	difficulty	NOUN
asfbr-295	16	28	from	from	ADP
asfbr-295	16	29	a	a	DET
asfbr-295	16	30	mathematical	mathematical	ADJ
asfbr-295	16	31	point	point	NOUN
asfbr-295	16	32	of	of	ADP
asfbr-295	16	33	view	view	NOUN
asfbr-295	16	34	because	because	SCONJ
asfbr-295	16	35	this	this	PRON
asfbr-295	16	36	means	mean	VERB
asfbr-295	16	37	to	to	PART
asfbr-295	16	38	solve	solve	VERB
asfbr-295	16	39	an	an	DET
asfbr-295	16	40	equation	equation	NOUN
asfbr-295	16	41	with	with	ADP
asfbr-295	16	42	two	two	NUM
asfbr-295	16	43	unknowns	unknown	NOUN
asfbr-295	16	44	.	.	PUNCT
asfbr-295	17	1	the	the	DET
asfbr-295	17	2	solution	solution	NOUN
asfbr-295	17	3	for	for	ADP
asfbr-295	17	4	unknown	unknown	ADJ
asfbr-295	17	5	variables	variable	NOUN
asfbr-295	17	6	is	be	AUX
asfbr-295	17	7	achieved	achieve	VERB
asfbr-295	17	8	through	through	ADP
asfbr-295	17	9	a	a	DET
asfbr-295	17	10	combination	combination	NOUN
asfbr-295	17	11	of	of	ADP
asfbr-295	17	12	possible	possible	ADJ
asfbr-295	17	13	solutions	solution	NOUN
asfbr-295	17	14	.	.	PUNCT
asfbr-295	18	1	keeping	keep	VERB
asfbr-295	18	2	this	this	PRON
asfbr-295	18	3	in	in	ADP
asfbr-295	18	4	mind	mind	NOUN
asfbr-295	18	5	,	,	PUNCT
asfbr-295	18	6	and	and	CCONJ
asfbr-295	18	7	regarding	regard	VERB
asfbr-295	18	8	that	that	SCONJ
asfbr-295	18	9	our	our	PRON
asfbr-295	18	10	policy	policy	NOUN
asfbr-295	18	11	variable	variable	NOUN
asfbr-295	18	12	in	in	ADP
asfbr-295	18	13	this	this	DET
asfbr-295	18	14	discussion	discussion	NOUN
asfbr-295	18	15	is	be	AUX
asfbr-295	18	16	liquidity	liquidity	NOUN
asfbr-295	18	17	which	which	PRON
asfbr-295	18	18	has	have	VERB
asfbr-295	18	19	a	a	DET
asfbr-295	18	20	direct	direct	ADJ
asfbr-295	18	21	effect	effect	NOUN
asfbr-295	18	22	on	on	ADP
asfbr-295	18	23	both	both	CCONJ
asfbr-295	18	24	our	our	PRON
asfbr-295	18	25	targeted	target	VERB
asfbr-295	18	26	exchange	exchange	NOUN
asfbr-295	18	27	rate	rate	NOUN
asfbr-295	18	28	and	and	CCONJ
asfbr-295	18	29	targeted	target	VERB
asfbr-295	18	30	inflation	inflation	NOUN
asfbr-295	18	31	rate	rate	NOUN
asfbr-295	18	32	variables	variable	NOUN
asfbr-295	18	33	,	,	PUNCT
asfbr-295	18	34	therefore	therefore	ADV
asfbr-295	18	35	,	,	PUNCT
asfbr-295	18	36	obtaining	obtain	VERB
asfbr-295	18	37	one	one	NUM
asfbr-295	18	38	target	target	NOUN
asfbr-295	18	39	,	,	PUNCT
asfbr-295	18	40	automatically	automatically	ADV
asfbr-295	18	41	achieves	achieve	VERB
asfbr-295	18	42	the	the	DET
asfbr-295	18	43	other	other	ADJ
asfbr-295	18	44	target	target	NOUN
asfbr-295	18	45	;	;	PUNCT
asfbr-295	18	46	but	but	CCONJ
asfbr-295	18	47	the	the	DET
asfbr-295	18	48	only	only	ADJ
asfbr-295	18	49	remaining	remain	VERB
asfbr-295	18	50	problem	problem	NOUN
asfbr-295	18	51	is	be	AUX
asfbr-295	18	52	the	the	DET
asfbr-295	18	53	effect	effect	NOUN
asfbr-295	18	54	on	on	ADP
asfbr-295	18	55	the	the	DET
asfbr-295	18	56	second	second	ADJ
asfbr-295	18	57	target	target	NOUN
asfbr-295	18	58	is	be	AUX
asfbr-295	18	59	not	not	PART
asfbr-295	18	60	as	as	ADV
asfbr-295	18	61	much	much	ADJ
asfbr-295	18	62	as	as	SCONJ
asfbr-295	18	63	we	we	PRON
asfbr-295	18	64	wished	wish	VERB
asfbr-295	18	65	a	a	DET
asfbr-295	18	66	priori	priori	ADV
asfbr-295	18	67	.	.	PUNCT
asfbr-295	19	1	in	in	ADP
asfbr-295	19	2	other	other	ADJ
asfbr-295	19	3	words	word	NOUN
asfbr-295	19	4	,	,	PUNCT
asfbr-295	19	5	it	it	PRON
asfbr-295	19	6	means	mean	VERB
asfbr-295	19	7	that	that	SCONJ
asfbr-295	19	8	if	if	SCONJ
asfbr-295	19	9	liquidity	liquidity	NOUN
asfbr-295	19	10	decreases	decrease	VERB
asfbr-295	19	11	a	a	DET
asfbr-295	19	12	percent	percent	NOUN
asfbr-295	19	13	,	,	PUNCT
asfbr-295	19	14	the	the	DET
asfbr-295	19	15	decrease	decrease	NOUN
asfbr-295	19	16	in	in	ADP
asfbr-295	19	17	the	the	DET
asfbr-295	19	18	exchange	exchange	NOUN
asfbr-295	19	19	rate	rate	NOUN
asfbr-295	19	20	and	and	CCONJ
asfbr-295	19	21	the	the	DET
asfbr-295	19	22	inflation	inflation	NOUN
asfbr-295	19	23	rate	rate	NOUN
asfbr-295	19	24	will	will	AUX
asfbr-295	19	25	be	be	AUX
asfbr-295	19	26	b	b	NUM
asfbr-295	19	27	percent	percent	NOUN
asfbr-295	19	28	and	and	CCONJ
asfbr-295	19	29	c	c	NOUN
asfbr-295	19	30	percent	percent	NOUN
asfbr-295	19	31	respectively	respectively	ADV
asfbr-295	19	32	.	.	PUNCT
asfbr-295	20	1	therefore	therefore	ADV
asfbr-295	20	2	,	,	PUNCT
asfbr-295	20	3	in	in	ADP
asfbr-295	20	4	order	order	NOUN
asfbr-295	20	5	to	to	PART
asfbr-295	20	6	reach	reach	VERB
asfbr-295	20	7	target	target	NOUN
asfbr-295	20	8	b	b	NOUN
asfbr-295	20	9	,	,	PUNCT
asfbr-295	20	10	we	we	PRON
asfbr-295	20	11	can	can	AUX
asfbr-295	20	12	use	use	VERB
asfbr-295	20	13	the	the	DET
asfbr-295	20	14	variable	variable	NOUN
asfbr-295	20	15	a	a	PRON
asfbr-295	20	16	,	,	PUNCT
asfbr-295	20	17	but	but	CCONJ
asfbr-295	20	18	the	the	DET
asfbr-295	20	19	figure	figure	NOUN
asfbr-295	20	20	for	for	ADP
asfbr-295	20	21	c	c	PROPN
asfbr-295	20	22	will	will	AUX
asfbr-295	20	23	be	be	AUX
asfbr-295	20	24	obligatory	obligatory	ADJ
asfbr-295	20	25	(	(	PUNCT
asfbr-295	20	26	automatically	automatically	ADV
asfbr-295	20	27	)	)	PUNCT
asfbr-295	20	28	defined	define	VERB
asfbr-295	20	29	.	.	PUNCT
asfbr-295	21	1	but	but	CCONJ
asfbr-295	21	2	since	since	SCONJ
asfbr-295	21	3	the	the	DET
asfbr-295	21	4	targets	target	NOUN
asfbr-295	21	5	1	1	NUM
asfbr-295	21	6	(	(	PUNCT
asfbr-295	21	7	b.a	b.a	PROPN
asfbr-295	21	8	.	.	PROPN
asfbr-295	21	9	,	,	PUNCT
asfbr-295	21	10	m.sc	m.sc	PROPN
asfbr-295	21	11	.	.	PROPN
asfbr-295	21	12	,	,	PUNCT
asfbr-295	21	13	ph.d	ph.d	PROPN
asfbr-295	21	14	.	.	PROPN
asfbr-295	21	15	,	,	PUNCT
asfbr-295	21	16	post	post	PROPN
asfbr-295	21	17	-	-	ADJ
asfbr-295	21	18	doc	doc	NOUN
asfbr-295	21	19	.	.	PUNCT
asfbr-295	21	20	)	)	PUNCT
asfbr-295	21	21	research	research	NOUN
asfbr-295	21	22	professor	professor	NOUN
asfbr-295	21	23	of	of	ADP
asfbr-295	21	24	economics	economic	NOUN
asfbr-295	21	25	,	,	PUNCT
asfbr-295	21	26	monetary	monetary	NOUN
asfbr-295	21	27	and	and	CCONJ
asfbr-295	21	28	banking	banking	NOUN
asfbr-295	21	29	research	research	PROPN
asfbr-295	21	30	academy	academy	PROPN
asfbr-295	21	31	,	,	PUNCT
asfbr-295	21	32	.http://www.bidabad.com	.http://www.bidabad.com	PUNCT
asfbr-295	21	33	bijan@bidabad.combidabad@yahoo.com	bijan@bidabad.combidabad@yahoo.com	PROPN
asfbr-295	21	34	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	21	35	mailto:bijan@bidabad.com	mailto:bijan@bidabad.com	PROPN
asfbr-295	21	36	copyright	copyright	PROPN
asfbr-295	21	37	©	©	PROPN
asfbr-295	21	38	cc	cc	PROPN
asfbr-295	21	39	-	-	PUNCT
asfbr-295	21	40	by	by	ADP
asfbr-295	21	41	-	-	PUNCT
asfbr-295	21	42	nc	nc	PROPN
asfbr-295	21	43	2019	2019	NUM
asfbr-295	21	44	,	,	PUNCT
asfbr-295	21	45	cribfb	cribfb	PROPN
asfbr-295	21	46	|	|	ADV
asfbr-295	21	47	afbr	afbr	ADV
asfbr-295	21	48	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	21	49	asian	asian	ADJ
asfbr-295	21	50	finance	finance	PROPN
asfbr-295	21	51	&	&	CCONJ
asfbr-295	21	52	banking	banking	PROPN
asfbr-295	21	53	review	review	PROPN
asfbr-295	21	54	vol	vol	NOUN
asfbr-295	21	55	.	.	PROPN
asfbr-295	22	1	3	3	NUM
asfbr-295	22	2	,	,	PUNCT
asfbr-295	22	3	no	no	INTJ
asfbr-295	22	4	.	.	NOUN
asfbr-295	22	5	1	1	NUM
asfbr-295	22	6	;	;	PUNCT
asfbr-295	22	7	2019	2019	NUM
asfbr-295	22	8	45	45	NUM
asfbr-295	22	9	have	have	VERB
asfbr-295	22	10	the	the	DET
asfbr-295	22	11	same	same	ADJ
asfbr-295	22	12	direction	direction	NOUN
asfbr-295	22	13	,	,	PUNCT
asfbr-295	22	14	reaching	reach	VERB
asfbr-295	22	15	b	b	PROPN
asfbr-295	22	16	is	be	AUX
asfbr-295	22	17	accompanied	accompany	VERB
asfbr-295	22	18	by	by	ADP
asfbr-295	22	19	somehow	somehow	ADV
asfbr-295	22	20	of	of	ADP
asfbr-295	22	21	reaching	reach	VERB
asfbr-295	22	22	target	target	NOUN
asfbr-295	22	23	c	c	NOUN
asfbr-295	22	24	,	,	PUNCT
asfbr-295	22	25	which	which	PRON
asfbr-295	22	26	is	be	AUX
asfbr-295	22	27	not	not	PART
asfbr-295	22	28	as	as	ADV
asfbr-295	22	29	much	much	ADJ
asfbr-295	22	30	as	as	SCONJ
asfbr-295	22	31	the	the	DET
asfbr-295	22	32	policymaker	policymaker	NOUN
asfbr-295	22	33	intended	intend	VERB
asfbr-295	22	34	.	.	PUNCT
asfbr-295	23	1	in	in	ADP
asfbr-295	23	2	order	order	NOUN
asfbr-295	23	3	to	to	PART
asfbr-295	23	4	obtain	obtain	VERB
asfbr-295	23	5	predefined	predefine	VERB
asfbr-295	23	6	amounts	amount	NOUN
asfbr-295	23	7	for	for	ADP
asfbr-295	23	8	b	b	NOUN
asfbr-295	23	9	and	and	CCONJ
asfbr-295	23	10	c	c	NOUN
asfbr-295	23	11	,	,	PUNCT
asfbr-295	23	12	the	the	DET
asfbr-295	23	13	policy	policy	NOUN
asfbr-295	23	14	variables	variable	NOUN
asfbr-295	23	15	should	should	AUX
asfbr-295	23	16	be	be	AUX
asfbr-295	23	17	increased	increase	VERB
asfbr-295	23	18	to	to	ADP
asfbr-295	23	19	two	two	NUM
asfbr-295	23	20	.	.	PUNCT
asfbr-295	24	1	this	this	PRON
asfbr-295	24	2	means	mean	VERB
asfbr-295	24	3	that	that	SCONJ
asfbr-295	24	4	we	we	PRON
asfbr-295	24	5	have	have	VERB
asfbr-295	24	6	to	to	PART
asfbr-295	24	7	change	change	VERB
asfbr-295	24	8	simultaneously	simultaneously	ADV
asfbr-295	24	9	the	the	DET
asfbr-295	24	10	two	two	NUM
asfbr-295	24	11	variables	variable	NOUN
asfbr-295	24	12	of	of	ADP
asfbr-295	24	13	liquidity	liquidity	NOUN
asfbr-295	24	14	and	and	CCONJ
asfbr-295	24	15	foreign	foreign	ADJ
asfbr-295	24	16	exchange	exchange	NOUN
asfbr-295	24	17	supply	supply	NOUN
asfbr-295	24	18	in	in	ADP
asfbr-295	24	19	order	order	NOUN
asfbr-295	24	20	to	to	PART
asfbr-295	24	21	control	control	VERB
asfbr-295	24	22	the	the	DET
asfbr-295	24	23	two	two	NUM
asfbr-295	24	24	variables	variable	NOUN
asfbr-295	24	25	of	of	ADP
asfbr-295	24	26	the	the	DET
asfbr-295	24	27	value	value	NOUN
asfbr-295	24	28	of	of	ADP
asfbr-295	24	29	the	the	DET
asfbr-295	24	30	national	national	ADJ
asfbr-295	24	31	currency	currency	NOUN
asfbr-295	24	32	(	(	PUNCT
asfbr-295	24	33	exchange	exchange	NOUN
asfbr-295	24	34	rate	rate	NOUN
asfbr-295	24	35	)	)	PUNCT
asfbr-295	24	36	and	and	CCONJ
asfbr-295	24	37	inflation	inflation	NOUN
asfbr-295	24	38	rate	rate	NOUN
asfbr-295	24	39	.	.	PUNCT
asfbr-295	25	1	in	in	ADP
asfbr-295	25	2	this	this	DET
asfbr-295	25	3	case	case	NOUN
asfbr-295	25	4	,	,	PUNCT
asfbr-295	25	5	the	the	DET
asfbr-295	25	6	number	number	NOUN
asfbr-295	25	7	of	of	ADP
asfbr-295	25	8	instrumental	instrumental	ADJ
asfbr-295	25	9	variables	variable	NOUN
asfbr-295	25	10	is	be	AUX
asfbr-295	25	11	equal	equal	ADJ
asfbr-295	25	12	to	to	ADP
asfbr-295	25	13	the	the	DET
asfbr-295	25	14	number	number	NOUN
asfbr-295	25	15	of	of	ADP
asfbr-295	25	16	target	target	NOUN
asfbr-295	25	17	variables	variable	NOUN
asfbr-295	25	18	,	,	PUNCT
asfbr-295	25	19	and	and	CCONJ
asfbr-295	25	20	the	the	DET
asfbr-295	25	21	problem	problem	NOUN
asfbr-295	25	22	has	have	VERB
asfbr-295	25	23	a	a	DET
asfbr-295	25	24	solution	solution	NOUN
asfbr-295	25	25	from	from	ADP
asfbr-295	25	26	a	a	DET
asfbr-295	25	27	mathematical	mathematical	ADJ
asfbr-295	25	28	point	point	NOUN
asfbr-295	25	29	of	of	ADP
asfbr-295	25	30	view	view	NOUN
asfbr-295	25	31	.	.	PUNCT
asfbr-295	26	1	therefore	therefore	ADV
asfbr-295	26	2	,	,	PUNCT
asfbr-295	26	3	we	we	PRON
asfbr-295	26	4	select	select	VERB
asfbr-295	26	5	two	two	NUM
asfbr-295	26	6	main	main	ADJ
asfbr-295	26	7	lines	line	NOUN
asfbr-295	26	8	for	for	ADP
asfbr-295	26	9	our	our	PRON
asfbr-295	26	10	study	study	NOUN
asfbr-295	26	11	,	,	PUNCT
asfbr-295	26	12	which	which	PRON
asfbr-295	26	13	are	be	AUX
asfbr-295	26	14	practically	practically	ADV
asfbr-295	26	15	based	base	VERB
asfbr-295	26	16	upon	upon	SCONJ
asfbr-295	26	17	our	our	PRON
asfbr-295	26	18	two	two	NUM
asfbr-295	26	19	target	target	NOUN
asfbr-295	26	20	variables	variable	NOUN
asfbr-295	26	21	.	.	PUNCT
asfbr-295	27	1	these	these	DET
asfbr-295	27	2	two	two	NUM
asfbr-295	27	3	axes	axis	NOUN
asfbr-295	27	4	are	be	AUX
asfbr-295	27	5	as	as	SCONJ
asfbr-295	27	6	follows	follow	VERB
asfbr-295	27	7	:	:	PUNCT
asfbr-295	27	8			VERB
asfbr-295	28	1	inflation	inflation	NOUN
asfbr-295	28	2	targeting	target	VERB
asfbr-295	28	3	policies	policy	NOUN
asfbr-295	28	4			NOUN
asfbr-295	28	5	exchange	exchange	NOUN
asfbr-295	28	6	rate	rate	NOUN
asfbr-295	28	7	targeting	target	VERB
asfbr-295	28	8	policies	policy	NOUN
asfbr-295	28	9	several	several	ADJ
asfbr-295	28	10	surveys	survey	NOUN
asfbr-295	28	11	have	have	AUX
asfbr-295	28	12	been	be	AUX
asfbr-295	28	13	carried	carry	VERB
asfbr-295	28	14	out	out	ADP
asfbr-295	28	15	about	about	ADP
asfbr-295	28	16	inflation	inflation	NOUN
asfbr-295	28	17	targeting	target	VERB
asfbr-295	28	18	,	,	PUNCT
asfbr-295	28	19	and	and	CCONJ
asfbr-295	28	20	this	this	DET
asfbr-295	28	21	policy	policy	NOUN
asfbr-295	28	22	is	be	AUX
asfbr-295	28	23	regarded	regard	VERB
asfbr-295	28	24	as	as	ADP
asfbr-295	28	25	a	a	DET
asfbr-295	28	26	recognized	recognize	VERB
asfbr-295	28	27	method	method	NOUN
asfbr-295	28	28	for	for	ADP
asfbr-295	28	29	controlling	control	VERB
asfbr-295	28	30	inflation	inflation	NOUN
asfbr-295	28	31	.	.	PUNCT
asfbr-295	29	1	the	the	DET
asfbr-295	29	2	basis	basis	NOUN
asfbr-295	29	3	of	of	ADP
asfbr-295	29	4	this	this	DET
asfbr-295	29	5	policy	policy	NOUN
asfbr-295	29	6	is	be	AUX
asfbr-295	29	7	using	use	VERB
asfbr-295	29	8	monetary	monetary	ADJ
asfbr-295	29	9	instruments	instrument	NOUN
asfbr-295	29	10	to	to	PART
asfbr-295	29	11	control	control	VERB
asfbr-295	29	12	liquidity	liquidity	NOUN
asfbr-295	29	13	in	in	ADP
asfbr-295	29	14	order	order	NOUN
asfbr-295	29	15	to	to	PART
asfbr-295	29	16	achieve	achieve	VERB
asfbr-295	29	17	an	an	DET
asfbr-295	29	18	optimum	optimum	ADJ
asfbr-295	29	19	rate	rate	NOUN
asfbr-295	29	20	of	of	ADP
asfbr-295	29	21	inflation	inflation	NOUN
asfbr-295	29	22	.	.	PUNCT
asfbr-295	30	1	the	the	DET
asfbr-295	30	2	abstract	abstract	NOUN
asfbr-295	30	3	of	of	ADP
asfbr-295	30	4	these	these	DET
asfbr-295	30	5	concepts	concept	NOUN
asfbr-295	30	6	is	be	AUX
asfbr-295	30	7	presented	present	VERB
asfbr-295	30	8	by	by	ADP
asfbr-295	30	9	a	a	DET
asfbr-295	30	10	joint	joint	ADJ
asfbr-295	30	11	paper	paper	NOUN
asfbr-295	30	12	of	of	ADP
asfbr-295	30	13	m.	m.	NOUN
asfbr-295	30	14	mojarrad	mojarrad	PROPN
asfbr-295	30	15	and	and	CCONJ
asfbr-295	30	16	b.	b.	PROPN
asfbr-295	30	17	bidabad	bidabad	NOUN
asfbr-295	30	18	in	in	ADP
asfbr-295	30	19	1997	1997	NUM
asfbr-295	30	20	.	.	PUNCT
asfbr-295	31	1	there	there	PRON
asfbr-295	31	2	are	be	VERB
asfbr-295	31	3	many	many	ADJ
asfbr-295	31	4	documented	document	VERB
asfbr-295	31	5	guidelines	guideline	NOUN
asfbr-295	31	6	about	about	ADP
asfbr-295	31	7	targeting	target	VERB
asfbr-295	31	8	the	the	DET
asfbr-295	31	9	exchange	exchange	NOUN
asfbr-295	31	10	rate	rate	NOUN
asfbr-295	31	11	,	,	PUNCT
asfbr-295	31	12	which	which	PRON
asfbr-295	31	13	is	be	AUX
asfbr-295	31	14	described	describe	VERB
asfbr-295	31	15	in	in	ADP
asfbr-295	31	16	the	the	DET
asfbr-295	31	17	collection	collection	NOUN
asfbr-295	31	18	of	of	ADP
asfbr-295	31	19	trade	trade	NOUN
asfbr-295	31	20	and	and	CCONJ
asfbr-295	31	21	exchange	exchange	NOUN
asfbr-295	31	22	rate	rate	NOUN
asfbr-295	31	23	policies	policy	NOUN
asfbr-295	31	24	of	of	ADP
asfbr-295	31	25	governments	government	NOUN
asfbr-295	31	26	and	and	CCONJ
asfbr-295	31	27	central	central	ADJ
asfbr-295	31	28	banks	bank	NOUN
asfbr-295	31	29	around	around	ADP
asfbr-295	31	30	the	the	DET
asfbr-295	31	31	world	world	NOUN
asfbr-295	31	32	for	for	ADP
asfbr-295	31	33	controlling	control	VERB
asfbr-295	31	34	the	the	DET
asfbr-295	31	35	supply	supply	NOUN
asfbr-295	31	36	of	of	ADP
asfbr-295	31	37	foreign	foreign	ADJ
asfbr-295	31	38	exchange	exchange	NOUN
asfbr-295	31	39	.	.	PUNCT
asfbr-295	32	1	they	they	PRON
asfbr-295	32	2	are	be	AUX
asfbr-295	32	3	all	all	ADV
asfbr-295	32	4	somehow	somehow	ADV
asfbr-295	32	5	connected	connect	VERB
asfbr-295	32	6	to	to	ADP
asfbr-295	32	7	the	the	DET
asfbr-295	32	8	supply	supply	NOUN
asfbr-295	32	9	of	of	ADP
asfbr-295	32	10	foreign	foreign	ADJ
asfbr-295	32	11	exchange	exchange	NOUN
asfbr-295	32	12	,	,	PUNCT
asfbr-295	32	13	but	but	CCONJ
asfbr-295	32	14	in	in	ADP
asfbr-295	32	15	this	this	DET
asfbr-295	32	16	paper	paper	NOUN
asfbr-295	32	17	,	,	PUNCT
asfbr-295	32	18	we	we	PRON
asfbr-295	32	19	will	will	AUX
asfbr-295	32	20	only	only	ADV
asfbr-295	32	21	consider	consider	VERB
asfbr-295	32	22	the	the	DET
asfbr-295	32	23	direct	direct	ADJ
asfbr-295	32	24	interference	interference	NOUN
asfbr-295	32	25	of	of	ADP
asfbr-295	32	26	the	the	DET
asfbr-295	32	27	central	central	ADJ
asfbr-295	32	28	bank	bank	NOUN
asfbr-295	32	29	as	as	ADP
asfbr-295	32	30	an	an	DET
asfbr-295	32	31	instrument	instrument	NOUN
asfbr-295	32	32	of	of	ADP
asfbr-295	32	33	foreign	foreign	ADJ
asfbr-295	32	34	exchange	exchange	NOUN
asfbr-295	32	35	supply	supply	NOUN
asfbr-295	32	36	control	control	NOUN
asfbr-295	32	37	.	.	PUNCT
asfbr-295	33	1	2	2	X
asfbr-295	33	2	.	.	X
asfbr-295	33	3	inflation	inflation	NOUN
asfbr-295	33	4	targeting	target	VERB
asfbr-295	33	5	and	and	CCONJ
asfbr-295	33	6	monetary	monetary	ADJ
asfbr-295	33	7	policy	policy	NOUN
asfbr-295	33	8	in	in	ADP
asfbr-295	33	9	iran	iran	PROPN
asfbr-295	33	10	(	(	PUNCT
asfbr-295	33	11	ir	ir	PROPN
asfbr-295	33	12	)	)	PUNCT
asfbr-295	33	13	there	there	PRON
asfbr-295	33	14	are	be	VERB
asfbr-295	33	15	many	many	ADJ
asfbr-295	33	16	discussions	discussion	NOUN
asfbr-295	33	17	between	between	ADP
asfbr-295	33	18	economists	economist	NOUN
asfbr-295	33	19	about	about	ADP
asfbr-295	33	20	inflation	inflation	NOUN
asfbr-295	33	21	with	with	ADP
asfbr-295	33	22	the	the	DET
asfbr-295	33	23	meaning	meaning	NOUN
asfbr-295	33	24	of	of	ADP
asfbr-295	33	25	a	a	DET
asfbr-295	33	26	rapid	rapid	ADJ
asfbr-295	33	27	and	and	CCONJ
asfbr-295	33	28	sustained	sustained	ADJ
asfbr-295	33	29	increase	increase	NOUN
asfbr-295	33	30	in	in	ADP
asfbr-295	33	31	prices	price	NOUN
asfbr-295	33	32	from	from	ADP
asfbr-295	33	33	its	its	PRON
asfbr-295	33	34	reasons	reason	NOUN
asfbr-295	33	35	and	and	CCONJ
asfbr-295	33	36	sources	source	NOUN
asfbr-295	33	37	,	,	PUNCT
asfbr-295	33	38	its	its	PRON
asfbr-295	33	39	economic	economic	ADJ
asfbr-295	33	40	importance	importance	NOUN
asfbr-295	33	41	,	,	PUNCT
asfbr-295	33	42	its	its	PRON
asfbr-295	33	43	control	control	NOUN
asfbr-295	33	44	and	and	CCONJ
asfbr-295	33	45	its	its	PRON
asfbr-295	33	46	effects	effect	NOUN
asfbr-295	33	47	on	on	ADP
asfbr-295	33	48	other	other	ADJ
asfbr-295	33	49	economic	economic	ADJ
asfbr-295	33	50	variables	variable	NOUN
asfbr-295	33	51	points	point	NOUN
asfbr-295	33	52	of	of	ADP
asfbr-295	33	53	view	view	NOUN
asfbr-295	33	54	,	,	PUNCT
asfbr-295	33	55	which	which	PRON
asfbr-295	33	56	are	be	AUX
asfbr-295	33	57	not	not	PART
asfbr-295	33	58	mentioned	mention	VERB
asfbr-295	33	59	in	in	ADP
asfbr-295	33	60	this	this	DET
asfbr-295	33	61	paper	paper	NOUN
asfbr-295	33	62	.	.	PUNCT
asfbr-295	34	1	there	there	PRON
asfbr-295	34	2	are	be	VERB
asfbr-295	34	3	also	also	ADV
asfbr-295	34	4	many	many	ADJ
asfbr-295	34	5	studies	study	NOUN
asfbr-295	34	6	in	in	ADP
asfbr-295	34	7	iran	iran	PROPN
asfbr-295	34	8	about	about	ADP
asfbr-295	34	9	inflation	inflation	NOUN
asfbr-295	34	10	,	,	PUNCT
asfbr-295	34	11	its	its	PRON
asfbr-295	34	12	causes	cause	NOUN
asfbr-295	34	13	,	,	PUNCT
asfbr-295	34	14	and	and	CCONJ
asfbr-295	34	15	effects	effect	NOUN
asfbr-295	34	16	.	.	PUNCT
asfbr-295	35	1	most	most	ADJ
asfbr-295	35	2	of	of	ADP
asfbr-295	35	3	these	these	DET
asfbr-295	35	4	studies	study	NOUN
asfbr-295	35	5	confirm	confirm	VERB
asfbr-295	35	6	that	that	SCONJ
asfbr-295	35	7	inflation	inflation	NOUN
asfbr-295	35	8	in	in	ADP
asfbr-295	35	9	iran	iran	PROPN
asfbr-295	35	10	is	be	AUX
asfbr-295	35	11	a	a	DET
asfbr-295	35	12	monetary	monetary	ADJ
asfbr-295	35	13	phenomenon	phenomenon	NOUN
asfbr-295	35	14	,	,	PUNCT
asfbr-295	35	15	and	and	CCONJ
asfbr-295	35	16	other	other	ADJ
asfbr-295	35	17	factors	factor	NOUN
asfbr-295	35	18	such	such	ADJ
asfbr-295	35	19	as	as	ADP
asfbr-295	35	20	those	those	PRON
asfbr-295	35	21	concerning	concern	VERB
asfbr-295	35	22	supply	supply	NOUN
asfbr-295	35	23	side	side	NOUN
asfbr-295	35	24	,	,	PUNCT
asfbr-295	35	25	or	or	CCONJ
asfbr-295	35	26	cost	cost	NOUN
asfbr-295	35	27	-	-	PUNCT
asfbr-295	35	28	push	push	NOUN
asfbr-295	35	29	inflation	inflation	NOUN
asfbr-295	35	30	have	have	VERB
asfbr-295	35	31	fewer	few	ADJ
asfbr-295	35	32	effects	effect	NOUN
asfbr-295	35	33	on	on	ADP
asfbr-295	35	34	the	the	DET
asfbr-295	35	35	increase	increase	NOUN
asfbr-295	35	36	of	of	ADP
asfbr-295	35	37	general	general	ADJ
asfbr-295	35	38	price	price	NOUN
asfbr-295	35	39	level	level	NOUN
asfbr-295	35	40	.	.	PUNCT
asfbr-295	36	1	more	more	ADV
asfbr-295	36	2	explicitly	explicitly	ADV
asfbr-295	36	3	,	,	PUNCT
asfbr-295	36	4	we	we	PRON
asfbr-295	36	5	can	can	AUX
asfbr-295	36	6	say	say	VERB
asfbr-295	36	7	that	that	SCONJ
asfbr-295	36	8	although	although	SCONJ
asfbr-295	36	9	inflation	inflation	NOUN
asfbr-295	36	10	sources	source	NOUN
asfbr-295	36	11	of	of	ADP
asfbr-295	36	12	supply	supply	NOUN
asfbr-295	36	13	-	-	PUNCT
asfbr-295	36	14	side	side	NOUN
asfbr-295	36	15	have	have	AUX
asfbr-295	36	16	had	have	VERB
asfbr-295	36	17	short	short	ADJ
asfbr-295	36	18	-	-	PUNCT
asfbr-295	36	19	run	run	NOUN
asfbr-295	36	20	effects	effect	NOUN
asfbr-295	36	21	on	on	ADP
asfbr-295	36	22	prices	price	NOUN
asfbr-295	36	23	,	,	PUNCT
asfbr-295	36	24	in	in	ADP
asfbr-295	36	25	the	the	DET
asfbr-295	36	26	long	long	ADJ
asfbr-295	36	27	run	run	NOUN
asfbr-295	36	28	,	,	PUNCT
asfbr-295	36	29	inflation	inflation	NOUN
asfbr-295	36	30	in	in	ADP
asfbr-295	36	31	iran	iran	PROPN
asfbr-295	36	32	has	have	AUX
asfbr-295	36	33	been	be	AUX
asfbr-295	36	34	demand	demand	NOUN
asfbr-295	36	35	pull2	pull2	NOUN
asfbr-295	36	36	.	.	PUNCT
asfbr-295	37	1	on	on	ADP
asfbr-295	37	2	the	the	DET
asfbr-295	37	3	basis	basis	NOUN
asfbr-295	37	4	of	of	ADP
asfbr-295	37	5	many	many	ADJ
asfbr-295	37	6	studies	study	NOUN
asfbr-295	37	7	,	,	PUNCT
asfbr-295	37	8	we	we	PRON
asfbr-295	37	9	can	can	AUX
asfbr-295	37	10	conclude	conclude	VERB
asfbr-295	37	11	that	that	SCONJ
asfbr-295	37	12	about	about	ADV
asfbr-295	37	13	99	99	NUM
asfbr-295	37	14	%	%	NOUN
asfbr-295	37	15	of	of	ADP
asfbr-295	37	16	long	long	ADJ
asfbr-295	37	17	-	-	PUNCT
asfbr-295	37	18	run	run	VERB
asfbr-295	37	19	price	price	NOUN
asfbr-295	37	20	changes	change	NOUN
asfbr-295	37	21	were	be	AUX
asfbr-295	37	22	caused	cause	VERB
asfbr-295	37	23	by	by	ADP
asfbr-295	37	24	the	the	DET
asfbr-295	37	25	increase	increase	NOUN
asfbr-295	37	26	in	in	ADP
asfbr-295	37	27	liquidity	liquidity	NOUN
asfbr-295	37	28	.	.	PUNCT
asfbr-295	38	1	in	in	ADP
asfbr-295	38	2	other	other	ADJ
asfbr-295	38	3	words	word	NOUN
asfbr-295	38	4	,	,	PUNCT
asfbr-295	38	5	they	they	PRON
asfbr-295	38	6	confirm	confirm	VERB
asfbr-295	38	7	the	the	DET
asfbr-295	38	8	monetary	monetary	ADJ
asfbr-295	38	9	nature	nature	NOUN
asfbr-295	38	10	of	of	ADP
asfbr-295	38	11	inflation	inflation	NOUN
asfbr-295	38	12	in	in	ADP
asfbr-295	38	13	the	the	DET
asfbr-295	38	14	country	country	NOUN
asfbr-295	38	15	and	and	CCONJ
asfbr-295	38	16	consider	consider	VERB
asfbr-295	38	17	the	the	DET
asfbr-295	38	18	control	control	NOUN
asfbr-295	38	19	of	of	ADP
asfbr-295	38	20	liquidity	liquidity	NOUN
asfbr-295	38	21	as	as	ADP
asfbr-295	38	22	the	the	DET
asfbr-295	38	23	only	only	ADJ
asfbr-295	38	24	way	way	NOUN
asfbr-295	38	25	for	for	ADP
asfbr-295	38	26	controlling	control	VERB
asfbr-295	38	27	inflation	inflation	NOUN
asfbr-295	38	28	.	.	PUNCT
asfbr-295	39	1	regarding	regard	VERB
asfbr-295	39	2	different	different	ADJ
asfbr-295	39	3	studies	study	NOUN
asfbr-295	39	4	conducted	conduct	VERB
asfbr-295	39	5	in	in	ADP
asfbr-295	39	6	iran	iran	PROPN
asfbr-295	39	7	,	,	PUNCT
asfbr-295	39	8	we	we	PRON
asfbr-295	39	9	realize	realize	VERB
asfbr-295	39	10	that	that	SCONJ
asfbr-295	39	11	monetary	monetary	ADJ
asfbr-295	39	12	transmission	transmission	NOUN
asfbr-295	39	13	mechanism	mechanism	NOUN
asfbr-295	39	14	which	which	PRON
asfbr-295	39	15	is	be	AUX
asfbr-295	39	16	the	the	DET
asfbr-295	39	17	affecting	affect	VERB
asfbr-295	39	18	method	method	NOUN
asfbr-295	39	19	of	of	ADP
asfbr-295	39	20	monetary	monetary	ADJ
asfbr-295	39	21	policy	policy	NOUN
asfbr-295	39	22	and	and	CCONJ
asfbr-295	39	23	liquidity	liquidity	NOUN
asfbr-295	39	24	on	on	ADP
asfbr-295	39	25	the	the	DET
asfbr-295	39	26	real	real	ADJ
asfbr-295	39	27	sector	sector	NOUN
asfbr-295	39	28	of	of	ADP
asfbr-295	39	29	the	the	DET
asfbr-295	39	30	economy	economy	NOUN
asfbr-295	39	31	which	which	PRON
asfbr-295	39	32	almost	almost	ADV
asfbr-295	39	33	has	have	AUX
asfbr-295	39	34	had	have	VERB
asfbr-295	39	35	no	no	DET
asfbr-295	39	36	effects	effect	NOUN
asfbr-295	39	37	,	,	PUNCT
asfbr-295	39	38	because	because	SCONJ
asfbr-295	39	39	it	it	PRON
asfbr-295	39	40	could	could	AUX
asfbr-295	39	41	n't	not	PART
asfbr-295	39	42	create	create	VERB
asfbr-295	39	43	any	any	DET
asfbr-295	39	44	motivation	motivation	NOUN
asfbr-295	39	45	through	through	ADP
asfbr-295	39	46	decreasing	decrease	VERB
asfbr-295	39	47	the	the	DET
asfbr-295	39	48	rate	rate	NOUN
asfbr-295	39	49	of	of	ADP
asfbr-295	39	50	interest	interest	NOUN
asfbr-295	39	51	of	of	ADP
asfbr-295	39	52	banking	banking	NOUN
asfbr-295	39	53	loans	loan	NOUN
asfbr-295	39	54	.	.	PUNCT
asfbr-295	40	1	in	in	ADP
asfbr-295	40	2	other	other	ADJ
asfbr-295	40	3	words	word	NOUN
asfbr-295	40	4	,	,	PUNCT
asfbr-295	40	5	liquidity	liquidity	NOUN
asfbr-295	40	6	can	can	AUX
asfbr-295	40	7	only	only	ADV
asfbr-295	40	8	affect	affect	VERB
asfbr-295	40	9	the	the	DET
asfbr-295	40	10	demand	demand	NOUN
asfbr-295	40	11	through	through	ADP
asfbr-295	40	12	price	price	NOUN
asfbr-295	40	13	increases	increase	NOUN
asfbr-295	40	14	.	.	PUNCT
asfbr-295	41	1	this	this	DET
asfbr-295	41	2	notion	notion	NOUN
asfbr-295	41	3	opens	open	VERB
asfbr-295	41	4	the	the	DET
asfbr-295	41	5	way	way	NOUN
asfbr-295	41	6	for	for	ADP
asfbr-295	41	7	iran	iran	PROPN
asfbr-295	41	8	's	's	PART
asfbr-295	41	9	policymakers	policymaker	NOUN
asfbr-295	41	10	in	in	ADP
asfbr-295	41	11	targeting	target	VERB
asfbr-295	41	12	inflation	inflation	NOUN
asfbr-295	41	13	via	via	ADP
asfbr-295	41	14	controlling	control	VERB
asfbr-295	41	15	the	the	DET
asfbr-295	41	16	liquidity	liquidity	NOUN
asfbr-295	41	17	without	without	ADP
asfbr-295	41	18	worrying	worry	VERB
asfbr-295	41	19	about	about	ADP
asfbr-295	41	20	the	the	DET
asfbr-295	41	21	depression	depression	NOUN
asfbr-295	41	22	of	of	ADP
asfbr-295	41	23	the	the	DET
asfbr-295	41	24	supply	supply	NOUN
asfbr-295	41	25	side	side	NOUN
asfbr-295	41	26	.	.	PUNCT
asfbr-295	42	1	in	in	ADP
asfbr-295	42	2	other	other	ADJ
asfbr-295	42	3	words	word	NOUN
asfbr-295	42	4	,	,	PUNCT
asfbr-295	42	5	now	now	ADV
asfbr-295	42	6	we	we	PRON
asfbr-295	42	7	can	can	AUX
asfbr-295	42	8	claim	claim	VERB
asfbr-295	42	9	that	that	SCONJ
asfbr-295	42	10	the	the	DET
asfbr-295	42	11	decrease	decrease	NOUN
asfbr-295	42	12	in	in	ADP
asfbr-295	42	13	liquidity	liquidity	NOUN
asfbr-295	42	14	will	will	AUX
asfbr-295	42	15	not	not	PART
asfbr-295	42	16	cause	cause	VERB
asfbr-295	42	17	production	production	NOUN
asfbr-295	42	18	decrease	decrease	NOUN
asfbr-295	42	19	.	.	PUNCT
asfbr-295	43	1	it	it	PRON
asfbr-295	43	2	is	be	AUX
asfbr-295	43	3	clear	clear	ADJ
asfbr-295	43	4	that	that	SCONJ
asfbr-295	43	5	all	all	DET
asfbr-295	43	6	these	these	DET
asfbr-295	43	7	concepts	concept	NOUN
asfbr-295	43	8	are	be	AUX
asfbr-295	43	9	considered	consider	VERB
asfbr-295	43	10	in	in	ADP
asfbr-295	43	11	the	the	DET
asfbr-295	43	12	domain	domain	NOUN
asfbr-295	43	13	of	of	ADP
asfbr-295	43	14	long	long	ADJ
asfbr-295	43	15	term	term	NOUN
asfbr-295	43	16	analyses	analysis	NOUN
asfbr-295	43	17	.	.	PUNCT
asfbr-295	44	1	before	before	ADP
asfbr-295	44	2	recent	recent	ADJ
asfbr-295	44	3	five	five	NUM
asfbr-295	44	4	years	year	NOUN
asfbr-295	44	5	plans	plan	NOUN
asfbr-295	44	6	,	,	PUNCT
asfbr-295	44	7	we	we	PRON
asfbr-295	44	8	practically	practically	ADV
asfbr-295	44	9	did	do	AUX
asfbr-295	44	10	n’t	not	PART
asfbr-295	44	11	have	have	VERB
asfbr-295	44	12	any	any	DET
asfbr-295	44	13	targeting	targeting	NOUN
asfbr-295	44	14	policy	policy	NOUN
asfbr-295	44	15	as	as	ADP
asfbr-295	44	16	in	in	ADP
asfbr-295	44	17	comparison	comparison	NOUN
asfbr-295	44	18	with	with	ADP
asfbr-295	44	19	other	other	ADJ
asfbr-295	44	20	countries	country	NOUN
asfbr-295	44	21	for	for	ADP
asfbr-295	44	22	controlling	control	VERB
asfbr-295	44	23	the	the	DET
asfbr-295	44	24	inflation	inflation	NOUN
asfbr-295	44	25	but	but	CCONJ
asfbr-295	44	26	during	during	ADP
asfbr-295	44	27	first	first	ADJ
asfbr-295	44	28	and	and	CCONJ
asfbr-295	44	29	second	second	ADJ
asfbr-295	44	30	development	development	NOUN
asfbr-295	44	31	plans	plan	NOUN
asfbr-295	44	32	of	of	ADP
asfbr-295	44	33	1989	1989	NUM
asfbr-295	44	34	-	-	SYM
asfbr-295	44	35	93	93	NUM
asfbr-295	44	36	and	and	CCONJ
asfbr-295	44	37	1995	1995	NUM
asfbr-295	44	38	-	-	SYM
asfbr-295	44	39	1999	1999	NUM
asfbr-295	44	40	;	;	PUNCT
asfbr-295	44	41	we	we	PRON
asfbr-295	44	42	observe	observe	VERB
asfbr-295	44	43	some	some	PRON
asfbr-295	44	44	targeting	target	VERB
asfbr-295	44	45	for	for	ADP
asfbr-295	44	46	controlling	control	VERB
asfbr-295	44	47	the	the	DET
asfbr-295	44	48	inflation	inflation	NOUN
asfbr-295	44	49	.	.	PUNCT
asfbr-295	45	1	these	these	PRON
asfbr-295	45	2	targeting	target	VERB
asfbr-295	45	3	in	in	ADP
asfbr-295	45	4	the	the	DET
asfbr-295	45	5	text	text	NOUN
asfbr-295	45	6	of	of	ADP
asfbr-295	45	7	the	the	DET
asfbr-295	45	8	plan	plan	NOUN
asfbr-295	45	9	's	's	PART
asfbr-295	45	10	aims	aim	NOUN
asfbr-295	45	11	are	be	AUX
asfbr-295	45	12	specified	specify	VERB
asfbr-295	45	13	as	as	ADP
asfbr-295	45	14	a	a	DET
asfbr-295	45	15	defined	define	VERB
asfbr-295	45	16	rate	rate	NOUN
asfbr-295	45	17	of	of	ADP
asfbr-295	45	18	inflation	inflation	NOUN
asfbr-295	45	19	as	as	ADP
asfbr-295	45	20	a	a	DET
asfbr-295	45	21	target	target	NOUN
asfbr-295	45	22	.	.	PUNCT
asfbr-295	46	1	we	we	PRON
asfbr-295	46	2	have	have	VERB
asfbr-295	46	3	some	some	DET
asfbr-295	46	4	similarities	similarity	NOUN
asfbr-295	46	5	with	with	ADP
asfbr-295	46	6	other	other	ADJ
asfbr-295	46	7	countries	country	NOUN
asfbr-295	46	8	in	in	ADP
asfbr-295	46	9	targeting	target	VERB
asfbr-295	46	10	.	.	PUNCT
asfbr-295	47	1	in	in	ADP
asfbr-295	47	2	general	general	ADJ
asfbr-295	47	3	,	,	PUNCT
asfbr-295	47	4	the	the	DET
asfbr-295	47	5	practices	practice	NOUN
asfbr-295	47	6	of	of	ADP
asfbr-295	47	7	other	other	ADJ
asfbr-295	47	8	countries	country	NOUN
asfbr-295	47	9	show	show	VERB
asfbr-295	47	10	that	that	SCONJ
asfbr-295	47	11	the	the	DET
asfbr-295	47	12	targeting	targeting	NOUN
asfbr-295	47	13	plan	plan	NOUN
asfbr-295	47	14	for	for	ADP
asfbr-295	47	15	controlling	control	VERB
asfbr-295	47	16	inflation	inflation	NOUN
asfbr-295	47	17	is	be	AUX
asfbr-295	47	18	in	in	ADP
asfbr-295	47	19	the	the	DET
asfbr-295	47	20	medium	medium	ADJ
asfbr-295	47	21	term	term	NOUN
asfbr-295	47	22	framework	framework	NOUN
asfbr-295	47	23	.	.	PUNCT
asfbr-295	48	1	regarding	regard	VERB
asfbr-295	48	2	the	the	DET
asfbr-295	48	3	goals	goal	NOUN
asfbr-295	48	4	of	of	ADP
asfbr-295	48	5	the	the	DET
asfbr-295	48	6	first	first	ADJ
asfbr-295	48	7	and	and	CCONJ
asfbr-295	48	8	second	second	ADJ
asfbr-295	48	9	development	development	NOUN
asfbr-295	48	10	plan	plan	NOUN
asfbr-295	48	11	,	,	PUNCT
asfbr-295	48	12	we	we	PRON
asfbr-295	48	13	see	see	VERB
asfbr-295	48	14	similar	similar	ADJ
asfbr-295	48	15	policies	policy	NOUN
asfbr-295	48	16	for	for	ADP
asfbr-295	48	17	medium	medium	ADJ
asfbr-295	48	18	-	-	PUNCT
asfbr-295	48	19	term	term	NOUN
asfbr-295	48	20	goals	goal	NOUN
asfbr-295	48	21	.	.	PUNCT
asfbr-295	49	1	the	the	DET
asfbr-295	49	2	second	second	ADJ
asfbr-295	49	3	plan	plan	NOUN
asfbr-295	49	4	,	,	PUNCT
asfbr-295	49	5	which	which	PRON
asfbr-295	49	6	was	be	AUX
asfbr-295	49	7	arranged	arrange	VERB
asfbr-295	49	8	on	on	ADP
asfbr-295	49	9	the	the	DET
asfbr-295	49	10	bases	basis	NOUN
asfbr-295	49	11	of	of	ADP
asfbr-295	49	12	the	the	DET
asfbr-295	49	13	stability	stability	NOUN
asfbr-295	49	14	of	of	ADP
asfbr-295	49	15	internal	internal	ADJ
asfbr-295	49	16	and	and	CCONJ
asfbr-295	49	17	external	external	ADJ
asfbr-295	49	18	sectors	sector	NOUN
asfbr-295	49	19	from	from	ADP
asfbr-295	49	20	the	the	DET
asfbr-295	49	21	stability	stability	NOUN
asfbr-295	49	22	of	of	ADP
asfbr-295	49	23	prices	price	NOUN
asfbr-295	49	24	and	and	CCONJ
asfbr-295	49	25	balance	balance	NOUN
asfbr-295	49	26	of	of	ADP
asfbr-295	49	27	payments	payment	NOUN
asfbr-295	49	28	points	point	NOUN
asfbr-295	49	29	of	of	ADP
asfbr-295	49	30	view	view	NOUN
asfbr-295	49	31	,	,	PUNCT
asfbr-295	49	32	had	have	VERB
asfbr-295	49	33	a	a	DET
asfbr-295	49	34	target	target	NOUN
asfbr-295	49	35	rate	rate	NOUN
asfbr-295	49	36	of	of	ADP
asfbr-295	49	37	12.4	12.4	NUM
asfbr-295	49	38	%	%	NOUN
asfbr-295	49	39	for	for	ADP
asfbr-295	49	40	the	the	DET
asfbr-295	49	41	annual	annual	ADJ
asfbr-295	49	42	inflation	inflation	NOUN
asfbr-295	49	43	rate	rate	NOUN
asfbr-295	49	44	.	.	PUNCT
asfbr-295	50	1	of	of	ADP
asfbr-295	50	2	course	course	NOUN
asfbr-295	50	3	,	,	PUNCT
asfbr-295	50	4	regarding	regard	VERB
asfbr-295	50	5	the	the	DET
asfbr-295	50	6	special	special	ADJ
asfbr-295	50	7	position	position	NOUN
asfbr-295	50	8	of	of	ADP
asfbr-295	50	9	our	our	PRON
asfbr-295	50	10	country	country	NOUN
asfbr-295	50	11	from	from	ADP
asfbr-295	50	12	a	a	DET
asfbr-295	50	13	dependency	dependency	NOUN
asfbr-295	50	14	point	point	NOUN
asfbr-295	50	15	of	of	ADP
asfbr-295	50	16	view	view	NOUN
asfbr-295	50	17	on	on	ADP
asfbr-295	50	18	oil	oil	NOUN
asfbr-295	50	19	income	income	NOUN
asfbr-295	50	20	and	and	CCONJ
asfbr-295	50	21	oil	oil	NOUN
asfbr-295	50	22	shocks	shock	NOUN
asfbr-295	50	23	and	and	CCONJ
asfbr-295	50	24	various	various	ADJ
asfbr-295	50	25	international	international	ADJ
asfbr-295	50	26	problems	problem	NOUN
asfbr-295	50	27	,	,	PUNCT
asfbr-295	50	28	it	it	PRON
asfbr-295	50	29	seems	seem	VERB
asfbr-295	50	30	that	that	SCONJ
asfbr-295	50	31	if	if	SCONJ
asfbr-295	50	32	2	2	NUM
asfbr-295	50	33	komijani	komijani	X
asfbr-295	50	34	and	and	CCONJ
asfbr-295	50	35	bidabad	bidabad	ADJ
asfbr-295	50	36	,	,	PUNCT
asfbr-295	50	37	1990	1990	NUM
asfbr-295	50	38	,	,	PUNCT
asfbr-295	50	39	1991	1991	NUM
asfbr-295	50	40	and	and	CCONJ
asfbr-295	50	41	1992	1992	NUM
asfbr-295	50	42	.	.	PUNCT
asfbr-295	51	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	51	2	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	52	1	copyright	copyright	PROPN
asfbr-295	52	2	©	©	PROPN
asfbr-295	52	3	cc	cc	PROPN
asfbr-295	52	4	-	-	PUNCT
asfbr-295	52	5	by	by	ADP
asfbr-295	52	6	-	-	PUNCT
asfbr-295	52	7	nc	nc	PROPN
asfbr-295	52	8	2019	2019	NUM
asfbr-295	52	9	,	,	PUNCT
asfbr-295	52	10	cribfb	cribfb	PROPN
asfbr-295	52	11	|	|	ADV
asfbr-295	52	12	afbr	afbr	ADV
asfbr-295	52	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	52	14	asian	asian	ADJ
asfbr-295	52	15	finance	finance	PROPN
asfbr-295	52	16	&	&	CCONJ
asfbr-295	52	17	banking	banking	PROPN
asfbr-295	52	18	review	review	PROPN
asfbr-295	52	19	vol	vol	NOUN
asfbr-295	52	20	.	.	PROPN
asfbr-295	53	1	3	3	NUM
asfbr-295	53	2	,	,	PUNCT
asfbr-295	53	3	no	no	INTJ
asfbr-295	53	4	.	.	NOUN
asfbr-295	53	5	1	1	NUM
asfbr-295	53	6	;	;	PUNCT
asfbr-295	53	7	2019	2019	NUM
asfbr-295	53	8	46	46	NUM
asfbr-295	53	9	this	this	DET
asfbr-295	53	10	goal	goal	NOUN
asfbr-295	53	11	was	be	AUX
asfbr-295	53	12	set	set	VERB
asfbr-295	53	13	in	in	ADP
asfbr-295	53	14	a	a	DET
asfbr-295	53	15	range	range	NOUN
asfbr-295	53	16	which	which	PRON
asfbr-295	53	17	could	could	AUX
asfbr-295	53	18	cover	cover	VERB
asfbr-295	53	19	the	the	DET
asfbr-295	53	20	effects	effect	NOUN
asfbr-295	53	21	of	of	ADP
asfbr-295	53	22	foreign	foreign	ADJ
asfbr-295	53	23	fluctuations	fluctuation	NOUN
asfbr-295	53	24	,	,	PUNCT
asfbr-295	53	25	it	it	PRON
asfbr-295	53	26	would	would	AUX
asfbr-295	53	27	increase	increase	VERB
asfbr-295	53	28	the	the	DET
asfbr-295	53	29	credibility	credibility	NOUN
asfbr-295	53	30	of	of	ADP
asfbr-295	53	31	targeting	target	VERB
asfbr-295	53	32	for	for	ADP
asfbr-295	53	33	controlling	control	VERB
asfbr-295	53	34	the	the	DET
asfbr-295	53	35	inflation	inflation	NOUN
asfbr-295	53	36	.	.	PUNCT
asfbr-295	54	1	in	in	ADP
asfbr-295	54	2	this	this	DET
asfbr-295	54	3	regard	regard	NOUN
asfbr-295	54	4	,	,	PUNCT
asfbr-295	54	5	we	we	PRON
asfbr-295	54	6	can	can	AUX
asfbr-295	54	7	mention	mention	VERB
asfbr-295	54	8	the	the	DET
asfbr-295	54	9	deep	deep	ADJ
asfbr-295	54	10	affectability	affectability	NOUN
asfbr-295	54	11	of	of	ADP
asfbr-295	54	12	monetary	monetary	ADJ
asfbr-295	54	13	policy	policy	NOUN
asfbr-295	54	14	from	from	ADP
asfbr-295	54	15	fiscal	fiscal	ADJ
asfbr-295	54	16	policy	policy	NOUN
asfbr-295	54	17	and	and	CCONJ
asfbr-295	54	18	considering	consider	VERB
asfbr-295	54	19	the	the	DET
asfbr-295	54	20	experience	experience	NOUN
asfbr-295	54	21	of	of	ADP
asfbr-295	54	22	other	other	ADJ
asfbr-295	54	23	countries	country	NOUN
asfbr-295	54	24	for	for	ADP
asfbr-295	54	25	controlling	control	VERB
asfbr-295	54	26	inflation	inflation	NOUN
asfbr-295	54	27	;	;	PUNCT
asfbr-295	54	28	this	this	DET
asfbr-295	54	29	concept	concept	NOUN
asfbr-295	54	30	will	will	AUX
asfbr-295	54	31	be	be	AUX
asfbr-295	54	32	very	very	ADV
asfbr-295	54	33	important	important	ADJ
asfbr-295	54	34	.	.	PUNCT
asfbr-295	55	1	in	in	ADP
asfbr-295	55	2	the	the	DET
asfbr-295	55	3	third	third	ADJ
asfbr-295	55	4	development	development	NOUN
asfbr-295	55	5	plan	plan	NOUN
asfbr-295	55	6	,	,	PUNCT
asfbr-295	55	7	the	the	DET
asfbr-295	55	8	views	view	NOUN
asfbr-295	55	9	of	of	ADP
asfbr-295	55	10	the	the	DET
asfbr-295	55	11	planners	planner	NOUN
asfbr-295	55	12	on	on	ADP
asfbr-295	55	13	economic	economic	ADJ
asfbr-295	55	14	problems	problem	NOUN
asfbr-295	55	15	were	be	AUX
asfbr-295	55	16	changed	change	VERB
asfbr-295	55	17	in	in	ADP
asfbr-295	55	18	general	general	ADJ
asfbr-295	55	19	,	,	PUNCT
asfbr-295	55	20	and	and	CCONJ
asfbr-295	55	21	therefore	therefore	ADV
asfbr-295	55	22	,	,	PUNCT
asfbr-295	55	23	they	they	PRON
asfbr-295	55	24	did	do	AUX
asfbr-295	55	25	n’t	not	PART
asfbr-295	55	26	use	use	VERB
asfbr-295	55	27	classic	classic	ADJ
asfbr-295	55	28	methods	method	NOUN
asfbr-295	55	29	for	for	ADP
asfbr-295	55	30	planning	plan	VERB
asfbr-295	55	31	in	in	ADP
asfbr-295	55	32	determining	determine	VERB
asfbr-295	55	33	quantitative	quantitative	ADJ
asfbr-295	55	34	goals	goal	NOUN
asfbr-295	55	35	.	.	PUNCT
asfbr-295	56	1	that	that	PRON
asfbr-295	56	2	is	be	AUX
asfbr-295	56	3	why	why	SCONJ
asfbr-295	56	4	we	we	PRON
asfbr-295	56	5	ca	can	AUX
asfbr-295	56	6	n’t	not	PART
asfbr-295	56	7	perceive	perceive	VERB
asfbr-295	56	8	their	their	PRON
asfbr-295	56	9	views	view	NOUN
asfbr-295	56	10	on	on	ADP
asfbr-295	56	11	inflation	inflation	NOUN
asfbr-295	56	12	targeting	target	VERB
asfbr-295	56	13	.	.	PUNCT
asfbr-295	57	1	the	the	DET
asfbr-295	57	2	third	third	ADJ
asfbr-295	57	3	plan	plan	NOUN
asfbr-295	57	4	was	be	AUX
asfbr-295	57	5	in	in	ADP
asfbr-295	57	6	general	general	ADJ
asfbr-295	57	7	concerned	concerned	ADJ
asfbr-295	57	8	about	about	ADP
asfbr-295	57	9	structural	structural	ADJ
asfbr-295	57	10	reforms	reform	NOUN
asfbr-295	57	11	and	and	CCONJ
asfbr-295	57	12	did	do	AUX
asfbr-295	57	13	not	not	PART
asfbr-295	57	14	discuss	discuss	VERB
asfbr-295	57	15	the	the	DET
asfbr-295	57	16	details	detail	NOUN
asfbr-295	57	17	of	of	ADP
asfbr-295	57	18	quantitative	quantitative	ADJ
asfbr-295	57	19	goals	goal	NOUN
asfbr-295	57	20	.	.	PUNCT
asfbr-295	58	1	considering	consider	VERB
asfbr-295	58	2	all	all	ADV
asfbr-295	58	3	above	above	ADP
asfbr-295	58	4	concepts	concept	NOUN
asfbr-295	58	5	,	,	PUNCT
asfbr-295	58	6	there	there	PRON
asfbr-295	58	7	is	be	VERB
asfbr-295	58	8	also	also	ADV
asfbr-295	58	9	another	another	DET
asfbr-295	58	10	important	important	ADJ
asfbr-295	58	11	principle	principle	NOUN
asfbr-295	58	12	in	in	ADP
asfbr-295	58	13	other	other	ADJ
asfbr-295	58	14	countries	country	NOUN
asfbr-295	58	15	which	which	PRON
asfbr-295	58	16	is	be	AUX
asfbr-295	58	17	considered	consider	VERB
asfbr-295	58	18	as	as	ADP
asfbr-295	58	19	the	the	DET
asfbr-295	58	20	reason	reason	NOUN
asfbr-295	58	21	for	for	ADP
asfbr-295	58	22	their	their	PRON
asfbr-295	58	23	success	success	NOUN
asfbr-295	58	24	,	,	PUNCT
asfbr-295	58	25	and	and	CCONJ
asfbr-295	58	26	it	it	PRON
asfbr-295	58	27	is	be	AUX
asfbr-295	58	28	credibility	credibility	NOUN
asfbr-295	58	29	,	,	PUNCT
asfbr-295	58	30	acceptability	acceptability	NOUN
asfbr-295	58	31	and	and	CCONJ
asfbr-295	58	32	the	the	DET
asfbr-295	58	33	belief	belief	NOUN
asfbr-295	58	34	of	of	ADP
asfbr-295	58	35	private	private	ADJ
asfbr-295	58	36	sector	sector	NOUN
asfbr-295	58	37	about	about	ADP
asfbr-295	58	38	targeting	target	VERB
asfbr-295	58	39	policies	policy	NOUN
asfbr-295	58	40	for	for	ADP
asfbr-295	58	41	controlling	control	VERB
asfbr-295	58	42	inflation	inflation	NOUN
asfbr-295	58	43	for	for	ADP
asfbr-295	58	44	which	which	PRON
asfbr-295	58	45	unfortunately	unfortunately	ADV
asfbr-295	58	46	no	no	DET
asfbr-295	58	47	important	important	ADJ
asfbr-295	58	48	step	step	NOUN
asfbr-295	58	49	has	have	AUX
asfbr-295	58	50	been	be	AUX
asfbr-295	58	51	taken	take	VERB
asfbr-295	58	52	about	about	ADP
asfbr-295	58	53	this	this	DET
asfbr-295	58	54	concept	concept	NOUN
asfbr-295	58	55	in	in	ADP
asfbr-295	58	56	iran	iran	PROPN
asfbr-295	58	57	.	.	PUNCT
asfbr-295	59	1	the	the	DET
asfbr-295	59	2	other	other	ADJ
asfbr-295	59	3	problem	problem	NOUN
asfbr-295	59	4	is	be	AUX
asfbr-295	59	5	the	the	DET
asfbr-295	59	6	responsiveness	responsiveness	NOUN
asfbr-295	59	7	of	of	ADP
asfbr-295	59	8	the	the	DET
asfbr-295	59	9	monetary	monetary	ADJ
asfbr-295	59	10	authorities	authority	NOUN
asfbr-295	59	11	to	to	ADP
asfbr-295	59	12	defined	define	VERB
asfbr-295	59	13	goals	goal	NOUN
asfbr-295	59	14	.	.	PUNCT
asfbr-295	60	1	it	it	PRON
asfbr-295	60	2	seems	seem	VERB
asfbr-295	60	3	that	that	SCONJ
asfbr-295	60	4	the	the	DET
asfbr-295	60	5	central	central	ADJ
asfbr-295	60	6	bank	bank	NOUN
asfbr-295	60	7	should	should	AUX
asfbr-295	60	8	not	not	PART
asfbr-295	60	9	surpass	surpass	VERB
asfbr-295	60	10	its	its	PRON
asfbr-295	60	11	legal	legal	ADJ
asfbr-295	60	12	authorities	authority	NOUN
asfbr-295	60	13	.	.	PUNCT
asfbr-295	61	1	surpassing	surpass	VERB
asfbr-295	61	2	credit	credit	NOUN
asfbr-295	61	3	ceilings	ceiling	NOUN
asfbr-295	61	4	reduces	reduce	VERB
asfbr-295	61	5	the	the	DET
asfbr-295	61	6	responsiveness	responsiveness	NOUN
asfbr-295	61	7	of	of	ADP
asfbr-295	61	8	the	the	DET
asfbr-295	61	9	central	central	ADJ
asfbr-295	61	10	bank	bank	NOUN
asfbr-295	61	11	to	to	ADP
asfbr-295	61	12	the	the	DET
asfbr-295	61	13	concerned	concerned	ADJ
asfbr-295	61	14	authorities	authority	NOUN
asfbr-295	61	15	.	.	PUNCT
asfbr-295	62	1	keeping	keep	VERB
asfbr-295	62	2	these	these	DET
asfbr-295	62	3	ceilings	ceiling	NOUN
asfbr-295	62	4	in	in	ADP
asfbr-295	62	5	other	other	ADJ
asfbr-295	62	6	countries	country	NOUN
asfbr-295	62	7	is	be	AUX
asfbr-295	62	8	strictly	strictly	ADV
asfbr-295	62	9	regarded	regard	VERB
asfbr-295	62	10	by	by	ADP
asfbr-295	62	11	policymakers	policymaker	NOUN
asfbr-295	62	12	of	of	ADP
asfbr-295	62	13	other	other	ADJ
asfbr-295	62	14	countries	country	NOUN
asfbr-295	62	15	.	.	PUNCT
asfbr-295	63	1	if	if	SCONJ
asfbr-295	63	2	the	the	DET
asfbr-295	63	3	central	central	ADJ
asfbr-295	63	4	bank	bank	NOUN
asfbr-295	63	5	pursuit	pursuit	NOUN
asfbr-295	63	6	only	only	ADV
asfbr-295	63	7	ad	ad	X
asfbr-295	63	8	hoc	hoc	X
asfbr-295	63	9	and	and	CCONJ
asfbr-295	63	10	day	day	NOUN
asfbr-295	63	11	-	-	PUNCT
asfbr-295	63	12	to	to	ADP
asfbr-295	63	13	-	-	PUNCT
asfbr-295	63	14	day	day	NOUN
asfbr-295	63	15	policies	policy	NOUN
asfbr-295	63	16	,	,	PUNCT
asfbr-295	63	17	it	it	PRON
asfbr-295	63	18	can	can	AUX
asfbr-295	63	19	not	not	PART
asfbr-295	63	20	achieve	achieve	VERB
asfbr-295	63	21	the	the	DET
asfbr-295	63	22	predefined	predefine	VERB
asfbr-295	63	23	goals	goal	NOUN
asfbr-295	63	24	.	.	PUNCT
asfbr-295	64	1	it	it	PRON
asfbr-295	64	2	is	be	AUX
asfbr-295	64	3	also	also	ADV
asfbr-295	64	4	clear	clear	ADJ
asfbr-295	64	5	that	that	SCONJ
asfbr-295	64	6	in	in	ADP
asfbr-295	64	7	order	order	NOUN
asfbr-295	64	8	to	to	ADP
asfbr-295	64	9	a	a	DET
asfbr-295	64	10	complete	complete	ADJ
asfbr-295	64	11	success	success	NOUN
asfbr-295	64	12	in	in	ADP
asfbr-295	64	13	conducting	conduct	VERB
asfbr-295	64	14	monetary	monetary	ADJ
asfbr-295	64	15	policies	policy	NOUN
asfbr-295	64	16	,	,	PUNCT
asfbr-295	64	17	necessary	necessary	ADJ
asfbr-295	64	18	conditions	condition	NOUN
asfbr-295	64	19	should	should	AUX
asfbr-295	64	20	be	be	AUX
asfbr-295	64	21	available	available	ADJ
asfbr-295	64	22	so	so	SCONJ
asfbr-295	64	23	that	that	SCONJ
asfbr-295	64	24	all	all	DET
asfbr-295	64	25	monetary	monetary	ADJ
asfbr-295	64	26	tools	tool	NOUN
asfbr-295	64	27	could	could	AUX
asfbr-295	64	28	be	be	AUX
asfbr-295	64	29	used	use	VERB
asfbr-295	64	30	.	.	PUNCT
asfbr-295	65	1	the	the	DET
asfbr-295	65	2	study	study	NOUN
asfbr-295	65	3	of	of	ADP
asfbr-295	65	4	previous	previous	ADJ
asfbr-295	65	5	conditions	condition	NOUN
asfbr-295	65	6	and	and	CCONJ
asfbr-295	65	7	backgrounds	background	NOUN
asfbr-295	65	8	shows	show	VERB
asfbr-295	65	9	that	that	SCONJ
asfbr-295	65	10	the	the	DET
asfbr-295	65	11	central	central	ADJ
asfbr-295	65	12	bank	bank	NOUN
asfbr-295	65	13	could	could	AUX
asfbr-295	65	14	not	not	PART
asfbr-295	65	15	use	use	VERB
asfbr-295	65	16	some	some	PRON
asfbr-295	65	17	of	of	ADP
asfbr-295	65	18	her	her	PRON
asfbr-295	65	19	legal	legal	ADJ
asfbr-295	65	20	monetary	monetary	ADJ
asfbr-295	65	21	instruments	instrument	NOUN
asfbr-295	65	22	effectively	effectively	ADV
asfbr-295	65	23	.	.	PUNCT
asfbr-295	66	1	these	these	PRON
asfbr-295	66	2	include	include	VERB
asfbr-295	66	3	open	open	ADJ
asfbr-295	66	4	market	market	NOUN
asfbr-295	66	5	operations	operation	NOUN
asfbr-295	66	6	,	,	PUNCT
asfbr-295	66	7	discount	discount	NOUN
asfbr-295	66	8	window	window	NOUN
asfbr-295	66	9	,	,	PUNCT
asfbr-295	66	10	reserve	reserve	NOUN
asfbr-295	66	11	requirement	requirement	NOUN
asfbr-295	66	12	ratio	ratio	NOUN
asfbr-295	66	13	,	,	PUNCT
asfbr-295	66	14	and	and	CCONJ
asfbr-295	66	15	the	the	DET
asfbr-295	66	16	interest	interest	NOUN
asfbr-295	66	17	rates	rate	NOUN
asfbr-295	66	18	of	of	ADP
asfbr-295	66	19	bank	bank	NOUN
asfbr-295	66	20	loans	loan	NOUN
asfbr-295	66	21	and	and	CCONJ
asfbr-295	66	22	credits	credit	NOUN
asfbr-295	66	23	.	.	PUNCT
asfbr-295	67	1	all	all	DET
asfbr-295	67	2	these	these	DET
asfbr-295	67	3	instruments	instrument	NOUN
asfbr-295	67	4	could	could	AUX
asfbr-295	67	5	not	not	PART
asfbr-295	67	6	be	be	AUX
asfbr-295	67	7	used	use	VERB
asfbr-295	67	8	thoroughly	thoroughly	ADV
asfbr-295	67	9	or	or	CCONJ
asfbr-295	67	10	partially	partially	ADV
asfbr-295	67	11	because	because	SCONJ
asfbr-295	67	12	of	of	ADP
asfbr-295	67	13	their	their	PRON
asfbr-295	67	14	own	own	ADJ
asfbr-295	67	15	reasons	reason	NOUN
asfbr-295	67	16	.	.	PUNCT
asfbr-295	68	1	3	3	X
asfbr-295	68	2	.	.	X
asfbr-295	68	3	exchange	exchange	NOUN
asfbr-295	68	4	rate	rate	NOUN
asfbr-295	68	5	targeting	target	VERB
asfbr-295	68	6	policy	policy	NOUN
asfbr-295	68	7	as	as	SCONJ
asfbr-295	68	8	it	it	PRON
asfbr-295	68	9	was	be	AUX
asfbr-295	68	10	mentioned	mention	VERB
asfbr-295	68	11	,	,	PUNCT
asfbr-295	68	12	all	all	DET
asfbr-295	68	13	policies	policy	NOUN
asfbr-295	68	14	that	that	PRON
asfbr-295	68	15	are	be	AUX
asfbr-295	68	16	to	to	PART
asfbr-295	68	17	somehow	somehow	ADV
asfbr-295	68	18	related	relate	VERB
asfbr-295	68	19	to	to	PART
asfbr-295	68	20	exchange	exchange	NOUN
asfbr-295	68	21	rate	rate	NOUN
asfbr-295	68	22	control	control	NOUN
asfbr-295	68	23	can	can	AUX
asfbr-295	68	24	be	be	AUX
asfbr-295	68	25	related	relate	VERB
asfbr-295	68	26	to	to	PART
asfbr-295	68	27	exchange	exchange	VERB
asfbr-295	68	28	rate	rate	NOUN
asfbr-295	68	29	targeting	targeting	NOUN
asfbr-295	68	30	,	,	PUNCT
asfbr-295	68	31	and	and	CCONJ
asfbr-295	68	32	most	most	ADJ
asfbr-295	68	33	of	of	ADP
asfbr-295	68	34	the	the	DET
asfbr-295	68	35	economic	economic	ADJ
asfbr-295	68	36	policies	policy	NOUN
asfbr-295	68	37	are	be	AUX
asfbr-295	68	38	to	to	PART
asfbr-295	68	39	somehow	somehow	ADV
asfbr-295	68	40	related	relate	VERB
asfbr-295	68	41	to	to	ADP
asfbr-295	68	42	foreign	foreign	ADJ
asfbr-295	68	43	exchange	exchange	NOUN
asfbr-295	68	44	.	.	PUNCT
asfbr-295	69	1	but	but	CCONJ
asfbr-295	69	2	at	at	ADP
asfbr-295	69	3	this	this	DET
asfbr-295	69	4	moment	moment	NOUN
asfbr-295	69	5	,	,	PUNCT
asfbr-295	69	6	we	we	PRON
asfbr-295	69	7	are	be	AUX
asfbr-295	69	8	focused	focus	VERB
asfbr-295	69	9	on	on	ADP
asfbr-295	69	10	the	the	DET
asfbr-295	69	11	supply	supply	NOUN
asfbr-295	69	12	of	of	ADP
asfbr-295	69	13	foreign	foreign	ADJ
asfbr-295	69	14	exchange	exchange	NOUN
asfbr-295	69	15	for	for	ADP
asfbr-295	69	16	controlling	control	VERB
asfbr-295	69	17	the	the	DET
asfbr-295	69	18	exchange	exchange	NOUN
asfbr-295	69	19	rate	rate	NOUN
asfbr-295	69	20	.	.	PUNCT
asfbr-295	70	1	the	the	DET
asfbr-295	70	2	generality	generality	NOUN
asfbr-295	70	3	of	of	ADP
asfbr-295	70	4	this	this	DET
asfbr-295	70	5	discussion	discussion	NOUN
asfbr-295	70	6	is	be	AUX
asfbr-295	70	7	prevailing	prevail	VERB
asfbr-295	70	8	in	in	ADP
asfbr-295	70	9	exchange	exchange	NOUN
asfbr-295	70	10	rate	rate	NOUN
asfbr-295	70	11	management	management	NOUN
asfbr-295	70	12	policies	policy	NOUN
asfbr-295	70	13	,	,	PUNCT
asfbr-295	70	14	but	but	CCONJ
asfbr-295	70	15	here	here	ADV
asfbr-295	70	16	we	we	PRON
asfbr-295	70	17	only	only	ADV
asfbr-295	70	18	study	study	VERB
asfbr-295	70	19	the	the	DET
asfbr-295	70	20	open	open	ADJ
asfbr-295	70	21	market	market	NOUN
asfbr-295	70	22	policy	policy	NOUN
asfbr-295	70	23	conducted	conduct	VERB
asfbr-295	70	24	on	on	ADP
asfbr-295	70	25	foreign	foreign	ADJ
asfbr-295	70	26	exchange	exchange	NOUN
asfbr-295	70	27	by	by	ADP
asfbr-295	70	28	monetary	monetary	ADJ
asfbr-295	70	29	authorities	authority	NOUN
asfbr-295	70	30	in	in	ADP
asfbr-295	70	31	the	the	DET
asfbr-295	70	32	parallel	parallel	ADJ
asfbr-295	70	33	market	market	NOUN
asfbr-295	70	34	.	.	PUNCT
asfbr-295	71	1	this	this	DET
asfbr-295	71	2	policy	policy	NOUN
asfbr-295	71	3	is	be	AUX
asfbr-295	71	4	called	call	VERB
asfbr-295	71	5	“	"	PUNCT
asfbr-295	71	6	sale	sale	NOUN
asfbr-295	71	7	of	of	ADP
asfbr-295	71	8	foreign	foreign	ADJ
asfbr-295	71	9	exchange	exchange	NOUN
asfbr-295	71	10	in	in	ADP
asfbr-295	71	11	the	the	DET
asfbr-295	71	12	parallel	parallel	ADJ
asfbr-295	71	13	(	(	PUNCT
asfbr-295	71	14	free	free	ADJ
asfbr-295	71	15	)	)	PUNCT
asfbr-295	71	16	market	market	NOUN
asfbr-295	71	17	”	"	PUNCT
asfbr-295	71	18	and	and	CCONJ
asfbr-295	71	19	was	be	AUX
asfbr-295	71	20	adopted	adopt	VERB
asfbr-295	71	21	for	for	ADP
asfbr-295	71	22	the	the	DET
asfbr-295	71	23	period	period	NOUN
asfbr-295	71	24	of	of	ADP
asfbr-295	71	25	1989	1989	NUM
asfbr-295	71	26	to	to	ADP
asfbr-295	71	27	2001	2001	NUM
asfbr-295	71	28	.	.	PUNCT
asfbr-295	72	1	in	in	ADP
asfbr-295	72	2	general	general	ADJ
asfbr-295	72	3	,	,	PUNCT
asfbr-295	72	4	it	it	PRON
asfbr-295	72	5	is	be	AUX
asfbr-295	72	6	clear	clear	ADJ
asfbr-295	72	7	that	that	SCONJ
asfbr-295	72	8	whenever	whenever	SCONJ
asfbr-295	72	9	governments	government	NOUN
asfbr-295	72	10	try	try	VERB
asfbr-295	72	11	to	to	PART
asfbr-295	72	12	control	control	VERB
asfbr-295	72	13	prices	price	NOUN
asfbr-295	72	14	through	through	ADP
asfbr-295	72	15	non	non	ADJ
asfbr-295	72	16	-	-	ADJ
asfbr-295	72	17	economic	economic	ADJ
asfbr-295	72	18	measures	measure	NOUN
asfbr-295	72	19	which	which	PRON
asfbr-295	72	20	are	be	AUX
asfbr-295	72	21	in	in	ADP
asfbr-295	72	22	confliction	confliction	NOUN
asfbr-295	72	23	with	with	ADP
asfbr-295	72	24	supply	supply	NOUN
asfbr-295	72	25	and	and	CCONJ
asfbr-295	72	26	demand	demand	NOUN
asfbr-295	72	27	mechanism	mechanism	NOUN
asfbr-295	72	28	,	,	PUNCT
asfbr-295	72	29	automatically	automatically	ADV
asfbr-295	72	30	a	a	DET
asfbr-295	72	31	parallel	parallel	ADJ
asfbr-295	72	32	market	market	NOUN
asfbr-295	72	33	is	be	AUX
asfbr-295	72	34	developed	develop	VERB
asfbr-295	72	35	.	.	PUNCT
asfbr-295	73	1	the	the	DET
asfbr-295	73	2	emergence	emergence	NOUN
asfbr-295	73	3	of	of	ADP
asfbr-295	73	4	the	the	DET
asfbr-295	73	5	parallel	parallel	ADJ
asfbr-295	73	6	exchange	exchange	NOUN
asfbr-295	73	7	market	market	NOUN
asfbr-295	73	8	in	in	ADP
asfbr-295	73	9	the	the	DET
asfbr-295	73	10	previous	previous	ADJ
asfbr-295	73	11	two	two	NUM
asfbr-295	73	12	decades	decade	NOUN
asfbr-295	73	13	is	be	AUX
asfbr-295	73	14	not	not	PART
asfbr-295	73	15	exempted	exempt	VERB
asfbr-295	73	16	from	from	ADP
asfbr-295	73	17	this	this	DET
asfbr-295	73	18	general	general	ADJ
asfbr-295	73	19	rule	rule	NOUN
asfbr-295	73	20	.	.	PUNCT
asfbr-295	74	1	governments	government	NOUN
asfbr-295	74	2	consider	consider	VERB
asfbr-295	74	3	parallel	parallel	ADJ
asfbr-295	74	4	markets	market	NOUN
asfbr-295	74	5	as	as	ADP
asfbr-295	74	6	an	an	DET
asfbr-295	74	7	obstacle	obstacle	NOUN
asfbr-295	74	8	for	for	ADP
asfbr-295	74	9	implementing	implement	VERB
asfbr-295	74	10	their	their	PRON
asfbr-295	74	11	policies	policy	NOUN
asfbr-295	74	12	,	,	PUNCT
asfbr-295	74	13	but	but	CCONJ
asfbr-295	74	14	we	we	PRON
asfbr-295	74	15	should	should	AUX
asfbr-295	74	16	accept	accept	VERB
asfbr-295	74	17	that	that	SCONJ
asfbr-295	74	18	parallel	parallel	ADJ
asfbr-295	74	19	markets	market	NOUN
asfbr-295	74	20	are	be	AUX
asfbr-295	74	21	the	the	DET
asfbr-295	74	22	results	result	NOUN
asfbr-295	74	23	of	of	ADP
asfbr-295	74	24	the	the	DET
asfbr-295	74	25	government	government	NOUN
asfbr-295	74	26	policies	policy	NOUN
asfbr-295	74	27	.	.	PUNCT
asfbr-295	75	1	in	in	ADP
asfbr-295	75	2	other	other	ADJ
asfbr-295	75	3	words	word	NOUN
asfbr-295	75	4	,	,	PUNCT
asfbr-295	75	5	whenever	whenever	SCONJ
asfbr-295	75	6	we	we	PRON
asfbr-295	75	7	do	do	AUX
asfbr-295	75	8	not	not	PART
asfbr-295	75	9	follow	follow	VERB
asfbr-295	75	10	the	the	DET
asfbr-295	75	11	inherent	inherent	ADJ
asfbr-295	75	12	rules	rule	NOUN
asfbr-295	75	13	of	of	ADP
asfbr-295	75	14	economics	economic	NOUN
asfbr-295	75	15	,	,	PUNCT
asfbr-295	75	16	we	we	PRON
asfbr-295	75	17	should	should	AUX
asfbr-295	75	18	be	be	AUX
asfbr-295	75	19	waiting	wait	VERB
asfbr-295	75	20	for	for	ADP
asfbr-295	75	21	the	the	DET
asfbr-295	75	22	emergence	emergence	NOUN
asfbr-295	75	23	parallel	parallel	ADJ
asfbr-295	75	24	market	market	NOUN
asfbr-295	75	25	in	in	ADP
asfbr-295	75	26	the	the	DET
asfbr-295	75	27	same	same	ADJ
asfbr-295	75	28	field	field	NOUN
asfbr-295	75	29	of	of	ADP
asfbr-295	75	30	policymaking	policymaking	NOUN
asfbr-295	75	31	.	.	PUNCT
asfbr-295	76	1	before	before	ADP
asfbr-295	76	2	the	the	DET
asfbr-295	76	3	revolution	revolution	NOUN
asfbr-295	76	4	,	,	PUNCT
asfbr-295	76	5	the	the	DET
asfbr-295	76	6	foreign	foreign	ADJ
asfbr-295	76	7	exchange	exchange	NOUN
asfbr-295	76	8	parallel	parallel	NOUN
asfbr-295	76	9	market	market	NOUN
asfbr-295	76	10	was	be	AUX
asfbr-295	76	11	negligible	negligible	ADJ
asfbr-295	76	12	.	.	PUNCT
asfbr-295	77	1	very	very	ADV
asfbr-295	77	2	few	few	ADJ
asfbr-295	77	3	amounts	amount	NOUN
asfbr-295	77	4	of	of	ADP
asfbr-295	77	5	foreign	foreign	ADJ
asfbr-295	77	6	exchange	exchange	NOUN
asfbr-295	77	7	were	be	AUX
asfbr-295	77	8	transacted	transact	VERB
asfbr-295	77	9	in	in	ADP
asfbr-295	77	10	exchange	exchange	NOUN
asfbr-295	77	11	offices	office	NOUN
asfbr-295	77	12	at	at	ADP
asfbr-295	77	13	a	a	DET
asfbr-295	77	14	price	price	NOUN
asfbr-295	77	15	which	which	PRON
asfbr-295	77	16	followed	follow	VERB
asfbr-295	77	17	the	the	DET
asfbr-295	77	18	exchange	exchange	NOUN
asfbr-295	77	19	rate	rate	NOUN
asfbr-295	77	20	of	of	ADP
asfbr-295	77	21	the	the	DET
asfbr-295	77	22	banking	banking	NOUN
asfbr-295	77	23	system	system	NOUN
asfbr-295	77	24	,	,	PUNCT
asfbr-295	77	25	so	so	SCONJ
asfbr-295	77	26	these	these	DET
asfbr-295	77	27	exchange	exchange	NOUN
asfbr-295	77	28	offices	office	NOUN
asfbr-295	77	29	pegged	peg	VERB
asfbr-295	77	30	their	their	PRON
asfbr-295	77	31	rates	rate	NOUN
asfbr-295	77	32	between	between	ADP
asfbr-295	77	33	of	of	ADP
asfbr-295	77	34	bid	bid	NOUN
asfbr-295	77	35	and	and	CCONJ
asfbr-295	77	36	offer	offer	VERB
asfbr-295	77	37	rates	rate	NOUN
asfbr-295	77	38	of	of	ADP
asfbr-295	77	39	the	the	DET
asfbr-295	77	40	banking	banking	NOUN
asfbr-295	77	41	rates	rate	NOUN
asfbr-295	77	42	.	.	PUNCT
asfbr-295	78	1	in	in	ADP
asfbr-295	78	2	other	other	ADJ
asfbr-295	78	3	words	word	NOUN
asfbr-295	78	4	,	,	PUNCT
asfbr-295	78	5	their	their	PRON
asfbr-295	78	6	bid	bid	NOUN
asfbr-295	78	7	rate	rate	NOUN
asfbr-295	78	8	was	be	AUX
asfbr-295	78	9	a	a	DET
asfbr-295	78	10	little	little	ADJ
asfbr-295	78	11	more	more	ADJ
asfbr-295	78	12	than	than	ADP
asfbr-295	78	13	the	the	DET
asfbr-295	78	14	bid	bid	NOUN
asfbr-295	78	15	rate	rate	NOUN
asfbr-295	78	16	of	of	ADP
asfbr-295	78	17	the	the	DET
asfbr-295	78	18	banking	banking	NOUN
asfbr-295	78	19	system	system	NOUN
asfbr-295	78	20	,	,	PUNCT
asfbr-295	78	21	and	and	CCONJ
asfbr-295	78	22	their	their	PRON
asfbr-295	78	23	offer	offer	NOUN
asfbr-295	78	24	rate	rate	NOUN
asfbr-295	78	25	was	be	AUX
asfbr-295	78	26	a	a	DET
asfbr-295	78	27	little	little	ADV
asfbr-295	78	28	lower	low	ADJ
asfbr-295	78	29	than	than	ADP
asfbr-295	78	30	the	the	DET
asfbr-295	78	31	banking	banking	NOUN
asfbr-295	78	32	offer	offer	NOUN
asfbr-295	78	33	rates	rate	NOUN
asfbr-295	78	34	.	.	PUNCT
asfbr-295	79	1	this	this	DET
asfbr-295	79	2	method	method	NOUN
asfbr-295	79	3	of	of	ADP
asfbr-295	79	4	pricing	pricing	NOUN
asfbr-295	79	5	helped	help	VERB
asfbr-295	79	6	them	they	PRON
asfbr-295	79	7	to	to	PART
asfbr-295	79	8	survive	survive	VERB
asfbr-295	79	9	;	;	PUNCT
asfbr-295	79	10	in	in	ADP
asfbr-295	79	11	other	other	ADJ
asfbr-295	79	12	words	word	NOUN
asfbr-295	79	13	,	,	PUNCT
asfbr-295	79	14	their	their	PRON
asfbr-295	79	15	profit	profit	NOUN
asfbr-295	79	16	margin	margin	NOUN
asfbr-295	79	17	was	be	AUX
asfbr-295	79	18	between	between	ADP
asfbr-295	79	19	the	the	DET
asfbr-295	79	20	profit	profit	NOUN
asfbr-295	79	21	margins	margin	NOUN
asfbr-295	79	22	of	of	ADP
asfbr-295	79	23	the	the	DET
asfbr-295	79	24	banks	bank	NOUN
asfbr-295	79	25	.	.	PUNCT
asfbr-295	80	1	after	after	ADP
asfbr-295	80	2	the	the	DET
asfbr-295	80	3	revolution	revolution	NOUN
asfbr-295	80	4	,	,	PUNCT
asfbr-295	80	5	banks	bank	NOUN
asfbr-295	80	6	developed	develop	VERB
asfbr-295	80	7	regulations	regulation	NOUN
asfbr-295	80	8	on	on	ADP
asfbr-295	80	9	exchange	exchange	NOUN
asfbr-295	80	10	sale	sale	NOUN
asfbr-295	80	11	,	,	PUNCT
asfbr-295	80	12	which	which	PRON
asfbr-295	80	13	was	be	AUX
asfbr-295	80	14	considered	consider	VERB
asfbr-295	80	15	as	as	ADP
asfbr-295	80	16	a	a	DET
asfbr-295	80	17	restriction	restriction	NOUN
asfbr-295	80	18	for	for	ADP
asfbr-295	80	19	the	the	DET
asfbr-295	80	20	supply	supply	NOUN
asfbr-295	80	21	of	of	ADP
asfbr-295	80	22	foreign	foreign	ADJ
asfbr-295	80	23	exchange	exchange	NOUN
asfbr-295	80	24	.	.	PUNCT
asfbr-295	81	1	the	the	DET
asfbr-295	81	2	restricted	restricted	ADJ
asfbr-295	81	3	supply	supply	NOUN
asfbr-295	81	4	practically	practically	ADV
asfbr-295	81	5	pushed	push	VERB
asfbr-295	81	6	up	up	ADP
asfbr-295	81	7	the	the	DET
asfbr-295	81	8	rates	rate	NOUN
asfbr-295	81	9	,	,	PUNCT
asfbr-295	81	10	but	but	CCONJ
asfbr-295	81	11	the	the	DET
asfbr-295	81	12	government	government	NOUN
asfbr-295	81	13	kept	keep	VERB
asfbr-295	81	14	banking	banking	NOUN
asfbr-295	81	15	rates	rate	NOUN
asfbr-295	81	16	unchanged	unchanged	ADJ
asfbr-295	81	17	,	,	PUNCT
asfbr-295	81	18	which	which	PRON
asfbr-295	81	19	caused	cause	VERB
asfbr-295	81	20	to	to	PART
asfbr-295	81	21	develop	develop	VERB
asfbr-295	81	22	a	a	DET
asfbr-295	81	23	parallel	parallel	ADJ
asfbr-295	81	24	market	market	NOUN
asfbr-295	81	25	with	with	ADP
asfbr-295	81	26	higher	high	ADJ
asfbr-295	81	27	rates	rate	NOUN
asfbr-295	81	28	.	.	PUNCT
asfbr-295	82	1	because	because	SCONJ
asfbr-295	82	2	of	of	ADP
asfbr-295	82	3	the	the	DET
asfbr-295	82	4	unordinary	unordinary	ADJ
asfbr-295	82	5	conditions	condition	NOUN
asfbr-295	82	6	of	of	ADP
asfbr-295	82	7	post	post	NOUN
asfbr-295	82	8	-	-	NOUN
asfbr-295	82	9	revolution	revolution	NOUN
asfbr-295	82	10	,	,	PUNCT
asfbr-295	82	11	the	the	DET
asfbr-295	82	12	gap	gap	NOUN
asfbr-295	82	13	between	between	ADP
asfbr-295	82	14	the	the	DET
asfbr-295	82	15	parallel	parallel	ADJ
asfbr-295	82	16	market	market	NOUN
asfbr-295	82	17	and	and	CCONJ
asfbr-295	82	18	banking	banking	NOUN
asfbr-295	82	19	rates	rate	NOUN
asfbr-295	82	20	widened	widen	VERB
asfbr-295	82	21	.	.	PUNCT
asfbr-295	83	1	the	the	DET
asfbr-295	83	2	government	government	NOUN
asfbr-295	83	3	tried	try	VERB
asfbr-295	83	4	several	several	ADJ
asfbr-295	83	5	times	time	NOUN
asfbr-295	83	6	to	to	PART
asfbr-295	83	7	control	control	VERB
asfbr-295	83	8	this	this	DET
asfbr-295	83	9	market	market	NOUN
asfbr-295	83	10	with	with	ADP
asfbr-295	83	11	new	new	ADJ
asfbr-295	83	12	regulations	regulation	NOUN
asfbr-295	83	13	.	.	PUNCT
asfbr-295	84	1	the	the	DET
asfbr-295	84	2	extent	extent	NOUN
asfbr-295	84	3	of	of	ADP
asfbr-295	84	4	these	these	DET
asfbr-295	84	5	regulations	regulation	NOUN
asfbr-295	84	6	went	go	VERB
asfbr-295	84	7	so	so	ADV
asfbr-295	84	8	far	far	ADV
asfbr-295	84	9	to	to	PART
asfbr-295	84	10	consider	consider	VERB
asfbr-295	84	11	the	the	DET
asfbr-295	84	12	dealers	dealer	NOUN
asfbr-295	84	13	of	of	ADP
asfbr-295	84	14	the	the	DET
asfbr-295	84	15	parallel	parallel	ADJ
asfbr-295	84	16	market	market	NOUN
asfbr-295	84	17	as	as	SCONJ
asfbr-295	84	18	trouble	trouble	NOUN
asfbr-295	84	19	-	-	PUNCT
asfbr-295	84	20	makers	maker	NOUN
asfbr-295	84	21	,	,	PUNCT
asfbr-295	84	22	or	or	CCONJ
asfbr-295	84	23	economic	economic	ADJ
asfbr-295	84	24	terrorists	terrorist	NOUN
asfbr-295	84	25	and	and	CCONJ
asfbr-295	84	26	heavy	heavy	ADJ
asfbr-295	84	27	penalties	penalty	NOUN
asfbr-295	84	28	were	be	AUX
asfbr-295	84	29	developed	develop	VERB
asfbr-295	84	30	for	for	ADP
asfbr-295	84	31	them	they	PRON
asfbr-295	84	32	,	,	PUNCT
asfbr-295	84	33	and	and	CCONJ
asfbr-295	84	34	police	police	NOUN
asfbr-295	84	35	and	and	CCONJ
asfbr-295	84	36	security	security	NOUN
asfbr-295	84	37	forces	force	NOUN
asfbr-295	84	38	were	be	AUX
asfbr-295	84	39	used	use	VERB
asfbr-295	84	40	against	against	ADP
asfbr-295	84	41	this	this	DET
asfbr-295	84	42	market	market	NOUN
asfbr-295	84	43	,	,	PUNCT
asfbr-295	84	44	but	but	CCONJ
asfbr-295	84	45	the	the	DET
asfbr-295	84	46	government	government	NOUN
asfbr-295	84	47	had	have	VERB
asfbr-295	84	48	little	little	ADJ
asfbr-295	84	49	success	success	NOUN
asfbr-295	84	50	in	in	ADP
asfbr-295	84	51	eliminating	eliminate	VERB
asfbr-295	84	52	this	this	DET
asfbr-295	84	53	market	market	NOUN
asfbr-295	84	54	.	.	PUNCT
asfbr-295	85	1	copyright	copyright	NOUN
asfbr-295	85	2	©	©	PROPN
asfbr-295	85	3	cc	cc	PROPN
asfbr-295	85	4	-	-	PUNCT
asfbr-295	85	5	by	by	ADP
asfbr-295	85	6	-	-	PUNCT
asfbr-295	85	7	nc	nc	PROPN
asfbr-295	85	8	2019	2019	NUM
asfbr-295	85	9	,	,	PUNCT
asfbr-295	85	10	cribfb	cribfb	PROPN
asfbr-295	85	11	|	|	ADV
asfbr-295	85	12	afbr	afbr	ADV
asfbr-295	85	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	85	14	asian	asian	ADJ
asfbr-295	85	15	finance	finance	PROPN
asfbr-295	85	16	&	&	CCONJ
asfbr-295	85	17	banking	banking	PROPN
asfbr-295	85	18	review	review	PROPN
asfbr-295	85	19	vol	vol	NOUN
asfbr-295	85	20	.	.	PROPN
asfbr-295	86	1	3	3	NUM
asfbr-295	86	2	,	,	PUNCT
asfbr-295	86	3	no	no	INTJ
asfbr-295	86	4	.	.	NOUN
asfbr-295	86	5	1	1	NUM
asfbr-295	86	6	;	;	PUNCT
asfbr-295	86	7	2019	2019	NUM
asfbr-295	86	8	47	47	NUM
asfbr-295	86	9	one	one	NUM
asfbr-295	86	10	of	of	ADP
asfbr-295	86	11	the	the	DET
asfbr-295	86	12	policies	policy	NOUN
asfbr-295	86	13	applied	apply	VERB
asfbr-295	86	14	against	against	ADP
asfbr-295	86	15	this	this	DET
asfbr-295	86	16	market	market	NOUN
asfbr-295	86	17	was	be	AUX
asfbr-295	86	18	government	government	NOUN
asfbr-295	86	19	interference	interference	NOUN
asfbr-295	86	20	in	in	ADP
asfbr-295	86	21	the	the	DET
asfbr-295	86	22	market	market	NOUN
asfbr-295	86	23	by	by	ADP
asfbr-295	86	24	direct	direct	ADJ
asfbr-295	86	25	sale	sale	NOUN
asfbr-295	86	26	of	of	ADP
asfbr-295	86	27	foreign	foreign	ADJ
asfbr-295	86	28	exchange	exchange	NOUN
asfbr-295	86	29	in	in	ADP
asfbr-295	86	30	order	order	NOUN
asfbr-295	86	31	to	to	PART
asfbr-295	86	32	increase	increase	VERB
asfbr-295	86	33	the	the	DET
asfbr-295	86	34	supply	supply	NOUN
asfbr-295	86	35	and	and	CCONJ
asfbr-295	86	36	decrease	decrease	VERB
asfbr-295	86	37	the	the	DET
asfbr-295	86	38	parallel	parallel	ADJ
asfbr-295	86	39	rates	rate	NOUN
asfbr-295	86	40	.	.	PUNCT
asfbr-295	87	1	this	this	DET
asfbr-295	87	2	policy	policy	NOUN
asfbr-295	87	3	was	be	AUX
asfbr-295	87	4	conducted	conduct	VERB
asfbr-295	87	5	in	in	ADP
asfbr-295	87	6	several	several	ADJ
asfbr-295	87	7	ways	way	NOUN
asfbr-295	87	8	so	so	SCONJ
asfbr-295	87	9	that	that	SCONJ
asfbr-295	87	10	the	the	DET
asfbr-295	87	11	banking	banking	NOUN
asfbr-295	87	12	system	system	NOUN
asfbr-295	87	13	also	also	ADV
asfbr-295	87	14	sold	sell	VERB
asfbr-295	87	15	foreign	foreign	ADJ
asfbr-295	87	16	exchange	exchange	NOUN
asfbr-295	87	17	with	with	ADP
asfbr-295	87	18	special	special	ADJ
asfbr-295	87	19	rates	rate	NOUN
asfbr-295	87	20	and	and	CCONJ
asfbr-295	87	21	conditions	condition	NOUN
asfbr-295	87	22	.	.	PUNCT
asfbr-295	88	1	sometimes	sometimes	ADV
asfbr-295	88	2	the	the	DET
asfbr-295	88	3	central	central	ADJ
asfbr-295	88	4	bank	bank	NOUN
asfbr-295	88	5	gave	give	VERB
asfbr-295	88	6	official	official	ADJ
asfbr-295	88	7	permissions	permission	NOUN
asfbr-295	88	8	to	to	ADP
asfbr-295	88	9	private	private	ADJ
asfbr-295	88	10	foreign	foreign	ADJ
asfbr-295	88	11	exchange	exchange	NOUN
asfbr-295	88	12	offices	office	NOUN
asfbr-295	88	13	and	and	CCONJ
asfbr-295	88	14	sold	sell	VERB
asfbr-295	88	15	foreign	foreign	ADJ
asfbr-295	88	16	exchange	exchange	NOUN
asfbr-295	88	17	through	through	ADP
asfbr-295	88	18	these	these	DET
asfbr-295	88	19	offices	office	NOUN
asfbr-295	88	20	.	.	PUNCT
asfbr-295	89	1	in	in	ADP
asfbr-295	89	2	some	some	DET
asfbr-295	89	3	exceptional	exceptional	ADJ
asfbr-295	89	4	cases	case	NOUN
asfbr-295	89	5	,	,	PUNCT
asfbr-295	89	6	the	the	DET
asfbr-295	89	7	brokers	broker	NOUN
asfbr-295	89	8	of	of	ADP
asfbr-295	89	9	the	the	DET
asfbr-295	89	10	central	central	ADJ
asfbr-295	89	11	bank	bank	NOUN
asfbr-295	89	12	sold	sell	VERB
asfbr-295	89	13	foreign	foreign	ADJ
asfbr-295	89	14	exchange	exchange	NOUN
asfbr-295	89	15	on	on	ADP
asfbr-295	89	16	the	the	DET
asfbr-295	89	17	nearby	nearby	ADJ
asfbr-295	89	18	main	main	ADJ
asfbr-295	89	19	streets	street	NOUN
asfbr-295	89	20	.	.	PUNCT
asfbr-295	90	1	these	these	DET
asfbr-295	90	2	decisions	decision	NOUN
asfbr-295	90	3	were	be	AUX
asfbr-295	90	4	made	make	VERB
asfbr-295	90	5	on	on	ADP
asfbr-295	90	6	the	the	DET
asfbr-295	90	7	bases	basis	NOUN
asfbr-295	90	8	of	of	ADP
asfbr-295	90	9	the	the	DET
asfbr-295	90	10	analysis	analysis	NOUN
asfbr-295	90	11	of	of	ADP
asfbr-295	90	12	the	the	DET
asfbr-295	90	13	decision	decision	NOUN
asfbr-295	90	14	makers	maker	NOUN
asfbr-295	90	15	of	of	ADP
asfbr-295	90	16	those	those	DET
asfbr-295	90	17	days	day	NOUN
asfbr-295	90	18	,	,	PUNCT
asfbr-295	90	19	but	but	CCONJ
asfbr-295	90	20	the	the	DET
asfbr-295	90	21	main	main	ADJ
asfbr-295	90	22	principle	principle	NOUN
asfbr-295	90	23	behind	behind	ADP
asfbr-295	90	24	these	these	DET
asfbr-295	90	25	decisions	decision	NOUN
asfbr-295	90	26	was	be	AUX
asfbr-295	90	27	injecting	inject	VERB
asfbr-295	90	28	foreign	foreign	ADJ
asfbr-295	90	29	exchange	exchange	NOUN
asfbr-295	90	30	into	into	ADP
asfbr-295	90	31	the	the	DET
asfbr-295	90	32	market	market	NOUN
asfbr-295	90	33	in	in	ADP
asfbr-295	90	34	order	order	NOUN
asfbr-295	90	35	to	to	PART
asfbr-295	90	36	decrease	decrease	VERB
asfbr-295	90	37	the	the	DET
asfbr-295	90	38	parallel	parallel	ADJ
asfbr-295	90	39	rates	rate	NOUN
asfbr-295	90	40	and	and	CCONJ
asfbr-295	90	41	achieve	achieve	VERB
asfbr-295	90	42	income	income	NOUN
asfbr-295	90	43	in	in	ADP
asfbr-295	90	44	rial	rial	ADJ
asfbr-295	90	45	terms	term	NOUN
asfbr-295	90	46	.	.	PUNCT
asfbr-295	91	1	the	the	DET
asfbr-295	91	2	main	main	ADJ
asfbr-295	91	3	precondition	precondition	NOUN
asfbr-295	91	4	for	for	ADP
asfbr-295	91	5	applying	apply	VERB
asfbr-295	91	6	this	this	DET
asfbr-295	91	7	policy	policy	NOUN
asfbr-295	91	8	is	be	AUX
asfbr-295	91	9	the	the	DET
asfbr-295	91	10	acceptance	acceptance	NOUN
asfbr-295	91	11	of	of	ADP
asfbr-295	91	12	an	an	DET
asfbr-295	91	13	unofficial	unofficial	ADJ
asfbr-295	91	14	foreign	foreign	ADJ
asfbr-295	91	15	exchange	exchange	NOUN
asfbr-295	91	16	market	market	NOUN
asfbr-295	91	17	.	.	PUNCT
asfbr-295	92	1	in	in	ADP
asfbr-295	92	2	some	some	DET
asfbr-295	92	3	years	year	NOUN
asfbr-295	92	4	,	,	PUNCT
asfbr-295	92	5	the	the	DET
asfbr-295	92	6	policymakers	policymaker	NOUN
asfbr-295	92	7	were	be	AUX
asfbr-295	92	8	so	so	ADV
asfbr-295	92	9	radical	radical	ADJ
asfbr-295	92	10	that	that	SCONJ
asfbr-295	92	11	they	they	PRON
asfbr-295	92	12	considered	consider	VERB
asfbr-295	92	13	the	the	DET
asfbr-295	92	14	dealers	dealer	NOUN
asfbr-295	92	15	of	of	ADP
asfbr-295	92	16	the	the	DET
asfbr-295	92	17	parallel	parallel	ADJ
asfbr-295	92	18	market	market	NOUN
asfbr-295	92	19	as	as	ADP
asfbr-295	92	20	smugglers	smuggler	NOUN
asfbr-295	92	21	and	and	CCONJ
asfbr-295	92	22	punished	punish	VERB
asfbr-295	92	23	them	they	PRON
asfbr-295	92	24	very	very	ADV
asfbr-295	92	25	severely	severely	ADV
asfbr-295	92	26	,	,	PUNCT
asfbr-295	92	27	which	which	PRON
asfbr-295	92	28	suggests	suggest	VERB
asfbr-295	92	29	that	that	SCONJ
asfbr-295	92	30	this	this	DET
asfbr-295	92	31	policy	policy	NOUN
asfbr-295	92	32	was	be	AUX
asfbr-295	92	33	not	not	PART
asfbr-295	92	34	developed	develop	VERB
asfbr-295	92	35	very	very	ADV
asfbr-295	92	36	well	well	ADV
asfbr-295	92	37	.	.	PUNCT
asfbr-295	93	1	we	we	PRON
asfbr-295	93	2	should	should	AUX
asfbr-295	93	3	accept	accept	VERB
asfbr-295	93	4	that	that	SCONJ
asfbr-295	93	5	during	during	ADP
asfbr-295	93	6	the	the	DET
asfbr-295	93	7	scarcity	scarcity	NOUN
asfbr-295	93	8	of	of	ADP
asfbr-295	93	9	foreign	foreign	ADJ
asfbr-295	93	10	exchange	exchange	NOUN
asfbr-295	93	11	supply	supply	NOUN
asfbr-295	93	12	with	with	ADP
asfbr-295	93	13	fixed	fix	VERB
asfbr-295	93	14	rate	rate	NOUN
asfbr-295	93	15	regime	regime	NOUN
asfbr-295	93	16	,	,	PUNCT
asfbr-295	93	17	this	this	PRON
asfbr-295	93	18	is	be	AUX
asfbr-295	93	19	a	a	DET
asfbr-295	93	20	natural	natural	ADJ
asfbr-295	93	21	phenomenon	phenomenon	NOUN
asfbr-295	93	22	,	,	PUNCT
asfbr-295	93	23	and	and	CCONJ
asfbr-295	93	24	the	the	DET
asfbr-295	93	25	market	market	NOUN
asfbr-295	93	26	mechanism	mechanism	NOUN
asfbr-295	93	27	creates	create	VERB
asfbr-295	93	28	it	it	PRON
asfbr-295	93	29	automatically	automatically	ADV
asfbr-295	93	30	.	.	PUNCT
asfbr-295	94	1	the	the	DET
asfbr-295	94	2	best	good	ADJ
asfbr-295	94	3	method	method	NOUN
asfbr-295	94	4	of	of	ADP
asfbr-295	94	5	dealing	deal	VERB
asfbr-295	94	6	with	with	ADP
asfbr-295	94	7	this	this	DET
asfbr-295	94	8	market	market	NOUN
asfbr-295	94	9	is	be	AUX
asfbr-295	94	10	accepting	accept	VERB
asfbr-295	94	11	it	it	PRON
asfbr-295	94	12	for	for	ADP
asfbr-295	94	13	the	the	DET
asfbr-295	94	14	first	first	ADJ
asfbr-295	94	15	time	time	NOUN
asfbr-295	94	16	.	.	PUNCT
asfbr-295	95	1	this	this	PRON
asfbr-295	95	2	means	mean	VERB
asfbr-295	95	3	that	that	SCONJ
asfbr-295	95	4	we	we	PRON
asfbr-295	95	5	should	should	AUX
asfbr-295	95	6	legally	legally	ADV
asfbr-295	95	7	accept	accept	VERB
asfbr-295	95	8	the	the	DET
asfbr-295	95	9	transactions	transaction	NOUN
asfbr-295	95	10	through	through	ADP
asfbr-295	95	11	this	this	DET
asfbr-295	95	12	market	market	NOUN
asfbr-295	95	13	and	and	CCONJ
asfbr-295	95	14	even	even	ADV
asfbr-295	95	15	consider	consider	VERB
asfbr-295	95	16	it	it	PRON
asfbr-295	95	17	as	as	ADP
asfbr-295	95	18	an	an	DET
asfbr-295	95	19	economic	economic	ADJ
asfbr-295	95	20	activity	activity	NOUN
asfbr-295	95	21	and	and	CCONJ
asfbr-295	95	22	prevent	prevent	VERB
asfbr-295	95	23	any	any	DET
asfbr-295	95	24	noise	noise	NOUN
asfbr-295	95	25	from	from	ADP
asfbr-295	95	26	it	it	PRON
asfbr-295	95	27	and	and	CCONJ
asfbr-295	95	28	in	in	ADP
asfbr-295	95	29	the	the	DET
asfbr-295	95	30	next	next	ADJ
asfbr-295	95	31	phase	phase	NOUN
asfbr-295	95	32	automatically	automatically	ADV
asfbr-295	95	33	try	try	VERB
asfbr-295	95	34	to	to	PART
asfbr-295	95	35	marginalize	marginalize	VERB
asfbr-295	95	36	it	it	PRON
asfbr-295	95	37	by	by	ADP
asfbr-295	95	38	applying	apply	VERB
asfbr-295	95	39	policies	policy	NOUN
asfbr-295	95	40	and	and	CCONJ
asfbr-295	95	41	adopting	adopt	VERB
asfbr-295	95	42	reforms	reform	NOUN
asfbr-295	95	43	in	in	ADP
asfbr-295	95	44	foreign	foreign	ADJ
asfbr-295	95	45	exchange	exchange	NOUN
asfbr-295	95	46	management	management	NOUN
asfbr-295	95	47	.	.	PUNCT
asfbr-295	96	1	if	if	SCONJ
asfbr-295	96	2	the	the	DET
asfbr-295	96	3	foreign	foreign	ADJ
asfbr-295	96	4	exchange	exchange	NOUN
asfbr-295	96	5	system	system	NOUN
asfbr-295	96	6	tends	tend	VERB
asfbr-295	96	7	to	to	PART
asfbr-295	96	8	unify	unify	VERB
asfbr-295	96	9	,	,	PUNCT
asfbr-295	96	10	the	the	DET
asfbr-295	96	11	management	management	NOUN
asfbr-295	96	12	of	of	ADP
asfbr-295	96	13	the	the	DET
asfbr-295	96	14	system	system	NOUN
asfbr-295	96	15	becomes	become	VERB
asfbr-295	96	16	transparent	transparent	ADJ
asfbr-295	96	17	.	.	PUNCT
asfbr-295	97	1	in	in	ADP
asfbr-295	97	2	other	other	ADJ
asfbr-295	97	3	words	word	NOUN
asfbr-295	97	4	,	,	PUNCT
asfbr-295	97	5	all	all	DET
asfbr-295	97	6	transactions	transaction	NOUN
asfbr-295	97	7	of	of	ADP
asfbr-295	97	8	goods	good	NOUN
asfbr-295	97	9	and	and	CCONJ
asfbr-295	97	10	services	service	NOUN
asfbr-295	97	11	should	should	AUX
asfbr-295	97	12	be	be	AUX
asfbr-295	97	13	done	do	VERB
asfbr-295	97	14	in	in	ADP
asfbr-295	97	15	single	single	ADJ
asfbr-295	97	16	rates	rate	NOUN
asfbr-295	97	17	,	,	PUNCT
asfbr-295	97	18	and	and	CCONJ
asfbr-295	97	19	the	the	DET
asfbr-295	97	20	rate	rate	NOUN
asfbr-295	97	21	of	of	ADP
asfbr-295	97	22	the	the	DET
asfbr-295	97	23	parallel	parallel	ADJ
asfbr-295	97	24	market	market	NOUN
asfbr-295	97	25	will	will	AUX
asfbr-295	97	26	,	,	PUNCT
asfbr-295	97	27	at	at	ADP
asfbr-295	97	28	last	last	ADV
asfbr-295	97	29	,	,	PUNCT
asfbr-295	97	30	be	be	AUX
asfbr-295	97	31	within	within	ADP
asfbr-295	97	32	the	the	DET
asfbr-295	97	33	margins	margin	NOUN
asfbr-295	97	34	of	of	ADP
asfbr-295	97	35	official	official	ADJ
asfbr-295	97	36	rate	rate	NOUN
asfbr-295	97	37	fluctuations	fluctuation	NOUN
asfbr-295	97	38	.	.	PUNCT
asfbr-295	98	1	since	since	SCONJ
asfbr-295	98	2	the	the	DET
asfbr-295	98	3	prices	price	NOUN
asfbr-295	98	4	of	of	ADP
asfbr-295	98	5	many	many	ADJ
asfbr-295	98	6	items	item	NOUN
asfbr-295	98	7	of	of	ADP
asfbr-295	98	8	goods	good	NOUN
asfbr-295	98	9	and	and	CCONJ
asfbr-295	98	10	services	service	NOUN
asfbr-295	98	11	are	be	AUX
asfbr-295	98	12	affected	affect	VERB
asfbr-295	98	13	by	by	ADP
asfbr-295	98	14	the	the	DET
asfbr-295	98	15	foreign	foreign	ADJ
asfbr-295	98	16	exchange	exchange	NOUN
asfbr-295	98	17	rate	rate	NOUN
asfbr-295	98	18	in	in	ADP
asfbr-295	98	19	the	the	DET
asfbr-295	98	20	parallel	parallel	ADJ
asfbr-295	98	21	market	market	NOUN
asfbr-295	98	22	and	and	CCONJ
asfbr-295	98	23	its	its	PRON
asfbr-295	98	24	fluctuations	fluctuation	NOUN
asfbr-295	98	25	will	will	AUX
asfbr-295	98	26	cause	cause	VERB
asfbr-295	98	27	the	the	DET
asfbr-295	98	28	fluctuation	fluctuation	NOUN
asfbr-295	98	29	of	of	ADP
asfbr-295	98	30	the	the	DET
asfbr-295	98	31	prices	price	NOUN
asfbr-295	98	32	of	of	ADP
asfbr-295	98	33	goods	good	NOUN
asfbr-295	98	34	and	and	CCONJ
asfbr-295	98	35	services	service	NOUN
asfbr-295	98	36	,	,	PUNCT
asfbr-295	98	37	the	the	DET
asfbr-295	98	38	stabilization	stabilization	NOUN
asfbr-295	98	39	of	of	ADP
asfbr-295	98	40	the	the	DET
asfbr-295	98	41	foreign	foreign	ADJ
asfbr-295	98	42	exchange	exchange	NOUN
asfbr-295	98	43	rate	rate	NOUN
asfbr-295	98	44	in	in	ADP
asfbr-295	98	45	the	the	DET
asfbr-295	98	46	parallel	parallel	ADJ
asfbr-295	98	47	market	market	NOUN
asfbr-295	98	48	will	will	AUX
asfbr-295	98	49	cause	cause	VERB
asfbr-295	98	50	partial	partial	ADJ
asfbr-295	98	51	stabilization	stabilization	NOUN
asfbr-295	98	52	in	in	ADP
asfbr-295	98	53	goods	good	NOUN
asfbr-295	98	54	and	and	CCONJ
asfbr-295	98	55	services	service	NOUN
asfbr-295	98	56	market	market	NOUN
asfbr-295	98	57	.	.	PUNCT
asfbr-295	99	1	the	the	DET
asfbr-295	99	2	injections	injection	NOUN
asfbr-295	99	3	of	of	ADP
asfbr-295	99	4	foreign	foreign	ADJ
asfbr-295	99	5	exchange	exchange	NOUN
asfbr-295	99	6	into	into	ADP
asfbr-295	99	7	the	the	DET
asfbr-295	99	8	parallel	parallel	ADJ
asfbr-295	99	9	market	market	NOUN
asfbr-295	99	10	for	for	ADP
asfbr-295	99	11	stabilization	stabilization	NOUN
asfbr-295	99	12	will	will	AUX
asfbr-295	99	13	spill	spill	VERB
asfbr-295	99	14	over	over	ADP
asfbr-295	99	15	into	into	ADP
asfbr-295	99	16	other	other	ADJ
asfbr-295	99	17	markets	market	NOUN
asfbr-295	99	18	.	.	PUNCT
asfbr-295	100	1	after	after	ADP
asfbr-295	100	2	the	the	DET
asfbr-295	100	3	revolution	revolution	NOUN
asfbr-295	100	4	in	in	ADP
asfbr-295	100	5	iran	iran	PROPN
asfbr-295	100	6	,	,	PUNCT
asfbr-295	100	7	the	the	DET
asfbr-295	100	8	volume	volume	NOUN
asfbr-295	100	9	of	of	ADP
asfbr-295	100	10	money	money	NOUN
asfbr-295	100	11	in	in	ADP
asfbr-295	100	12	circulation	circulation	NOUN
asfbr-295	100	13	has	have	AUX
asfbr-295	100	14	had	have	VERB
asfbr-295	100	15	an	an	DET
asfbr-295	100	16	increasing	increase	VERB
asfbr-295	100	17	trend	trend	NOUN
asfbr-295	100	18	.	.	PUNCT
asfbr-295	101	1	economic	economic	ADJ
asfbr-295	101	2	theories	theory	NOUN
asfbr-295	101	3	demonstrate	demonstrate	VERB
asfbr-295	101	4	that	that	SCONJ
asfbr-295	101	5	this	this	DET
asfbr-295	101	6	increase	increase	NOUN
asfbr-295	101	7	will	will	AUX
asfbr-295	101	8	lead	lead	VERB
asfbr-295	101	9	to	to	ADP
asfbr-295	101	10	depreciation	depreciation	NOUN
asfbr-295	101	11	of	of	ADP
asfbr-295	101	12	money	money	NOUN
asfbr-295	101	13	,	,	PUNCT
asfbr-295	101	14	in	in	ADP
asfbr-295	101	15	other	other	ADJ
asfbr-295	101	16	words	word	NOUN
asfbr-295	101	17	,	,	PUNCT
asfbr-295	101	18	when	when	SCONJ
asfbr-295	101	19	the	the	DET
asfbr-295	101	20	volume	volume	NOUN
asfbr-295	101	21	of	of	ADP
asfbr-295	101	22	rial	rial	NOUN
asfbr-295	101	23	is	be	AUX
asfbr-295	101	24	increased	increase	VERB
asfbr-295	101	25	,	,	PUNCT
asfbr-295	101	26	we	we	PRON
asfbr-295	101	27	should	should	AUX
asfbr-295	101	28	expect	expect	VERB
asfbr-295	101	29	that	that	SCONJ
asfbr-295	101	30	the	the	DET
asfbr-295	101	31	value	value	NOUN
asfbr-295	101	32	of	of	ADP
asfbr-295	101	33	rial	rial	NOUN
asfbr-295	101	34	is	be	AUX
asfbr-295	101	35	to	to	PART
asfbr-295	101	36	be	be	AUX
asfbr-295	101	37	reduced	reduce	VERB
asfbr-295	101	38	against	against	ADP
asfbr-295	101	39	foreign	foreign	ADJ
asfbr-295	101	40	currencies	currency	NOUN
asfbr-295	101	41	,	,	PUNCT
asfbr-295	101	42	or	or	CCONJ
asfbr-295	101	43	its	its	PRON
asfbr-295	101	44	parity	parity	NOUN
asfbr-295	101	45	rate	rate	NOUN
asfbr-295	101	46	decreases	decrease	VERB
asfbr-295	101	47	.	.	PUNCT
asfbr-295	102	1	we	we	PRON
asfbr-295	102	2	have	have	AUX
asfbr-295	102	3	practically	practically	ADV
asfbr-295	102	4	seen	see	VERB
asfbr-295	102	5	this	this	DET
asfbr-295	102	6	event	event	NOUN
asfbr-295	102	7	in	in	ADP
asfbr-295	102	8	the	the	DET
asfbr-295	102	9	past	past	ADJ
asfbr-295	102	10	few	few	ADJ
asfbr-295	102	11	decades	decade	NOUN
asfbr-295	102	12	.	.	PUNCT
asfbr-295	103	1	the	the	DET
asfbr-295	103	2	increase	increase	NOUN
asfbr-295	103	3	of	of	ADP
asfbr-295	103	4	the	the	DET
asfbr-295	103	5	volume	volume	NOUN
asfbr-295	103	6	of	of	ADP
asfbr-295	103	7	rial	rial	NOUN
asfbr-295	103	8	from	from	ADP
asfbr-295	103	9	2613	2613	NUM
asfbr-295	103	10	billion	billion	NUM
asfbr-295	103	11	in	in	ADP
asfbr-295	103	12	1996	1996	NUM
asfbr-295	103	13	to	to	ADP
asfbr-295	103	14	320957	320957	NUM
asfbr-295	103	15	billion	billion	NUM
asfbr-295	103	16	rials	rial	NOUN
asfbr-295	103	17	at	at	ADP
asfbr-295	103	18	the	the	DET
asfbr-295	103	19	end	end	NOUN
asfbr-295	103	20	of	of	ADP
asfbr-295	103	21	2001	2001	NUM
asfbr-295	103	22	can	can	AUX
asfbr-295	103	23	be	be	AUX
asfbr-295	103	24	the	the	DET
asfbr-295	103	25	main	main	ADJ
asfbr-295	103	26	cause	cause	NOUN
asfbr-295	103	27	of	of	ADP
asfbr-295	103	28	the	the	DET
asfbr-295	103	29	increase	increase	NOUN
asfbr-295	103	30	of	of	ADP
asfbr-295	103	31	parity	parity	NOUN
asfbr-295	103	32	rate	rate	NOUN
asfbr-295	103	33	of	of	ADP
asfbr-295	103	34	american	american	ADJ
asfbr-295	103	35	dollar	dollar	NOUN
asfbr-295	103	36	from	from	ADP
asfbr-295	103	37	70	70	NUM
asfbr-295	103	38	rials	rial	NOUN
asfbr-295	103	39	to	to	ADP
asfbr-295	103	40	8000	8000	NUM
asfbr-295	103	41	rials	rial	NOUN
asfbr-295	103	42	.	.	PUNCT
asfbr-295	104	1	econometric	econometric	ADJ
asfbr-295	104	2	researches	research	NOUN
asfbr-295	104	3	also	also	ADV
asfbr-295	104	4	confirm	confirm	VERB
asfbr-295	104	5	this	this	DET
asfbr-295	104	6	finding	finding	NOUN
asfbr-295	104	7	.	.	PUNCT
asfbr-295	105	1	the	the	DET
asfbr-295	105	2	policy	policy	NOUN
asfbr-295	105	3	of	of	ADP
asfbr-295	105	4	selling	sell	VERB
asfbr-295	105	5	foreign	foreign	ADJ
asfbr-295	105	6	exchange	exchange	NOUN
asfbr-295	105	7	in	in	ADP
asfbr-295	105	8	the	the	DET
asfbr-295	105	9	parallel	parallel	ADJ
asfbr-295	105	10	market	market	NOUN
asfbr-295	105	11	not	not	PART
asfbr-295	105	12	only	only	ADV
asfbr-295	105	13	increases	increase	VERB
asfbr-295	105	14	the	the	DET
asfbr-295	105	15	supply	supply	NOUN
asfbr-295	105	16	of	of	ADP
asfbr-295	105	17	foreign	foreign	ADJ
asfbr-295	105	18	exchange	exchange	NOUN
asfbr-295	105	19	but	but	CCONJ
asfbr-295	105	20	also	also	ADV
asfbr-295	105	21	decreases	decrease	VERB
asfbr-295	105	22	the	the	DET
asfbr-295	105	23	amount	amount	NOUN
asfbr-295	105	24	rial	rial	NOUN
asfbr-295	105	25	in	in	ADP
asfbr-295	105	26	the	the	DET
asfbr-295	105	27	market	market	NOUN
asfbr-295	105	28	,	,	PUNCT
asfbr-295	105	29	both	both	PRON
asfbr-295	105	30	of	of	ADP
asfbr-295	105	31	which	which	PRON
asfbr-295	105	32	will	will	AUX
asfbr-295	105	33	strengthen	strengthen	VERB
asfbr-295	105	34	the	the	DET
asfbr-295	105	35	national	national	ADJ
asfbr-295	105	36	currency	currency	NOUN
asfbr-295	105	37	.	.	PUNCT
asfbr-295	106	1	most	most	ADJ
asfbr-295	106	2	of	of	ADP
asfbr-295	106	3	the	the	DET
asfbr-295	106	4	increases	increase	NOUN
asfbr-295	106	5	of	of	ADP
asfbr-295	106	6	the	the	DET
asfbr-295	106	7	amount	amount	NOUN
asfbr-295	106	8	of	of	ADP
asfbr-295	106	9	liquidity	liquidity	NOUN
asfbr-295	106	10	after	after	SCONJ
asfbr-295	106	11	the	the	DET
asfbr-295	106	12	revolution	revolution	NOUN
asfbr-295	106	13	have	have	AUX
asfbr-295	106	14	been	be	AUX
asfbr-295	106	15	the	the	DET
asfbr-295	106	16	result	result	NOUN
asfbr-295	106	17	of	of	ADP
asfbr-295	106	18	the	the	DET
asfbr-295	106	19	expansion	expansion	NOUN
asfbr-295	106	20	of	of	ADP
asfbr-295	106	21	monetary	monetary	ADJ
asfbr-295	106	22	base	base	NOUN
asfbr-295	106	23	through	through	ADP
asfbr-295	106	24	the	the	DET
asfbr-295	106	25	increases	increase	NOUN
asfbr-295	106	26	of	of	ADP
asfbr-295	106	27	government	government	NOUN
asfbr-295	106	28	sector	sector	NOUN
asfbr-295	106	29	debts	debt	NOUN
asfbr-295	106	30	to	to	ADP
asfbr-295	106	31	the	the	DET
asfbr-295	106	32	banking	banking	NOUN
asfbr-295	106	33	system	system	NOUN
asfbr-295	106	34	.	.	PUNCT
asfbr-295	107	1	the	the	DET
asfbr-295	107	2	details	detail	NOUN
asfbr-295	107	3	of	of	ADP
asfbr-295	107	4	this	this	DET
asfbr-295	107	5	phenomenon	phenomenon	NOUN
asfbr-295	107	6	have	have	AUX
asfbr-295	107	7	been	be	AUX
asfbr-295	107	8	described	describe	VERB
asfbr-295	107	9	in	in	ADP
asfbr-295	107	10	several	several	ADJ
asfbr-295	107	11	pieces	piece	NOUN
asfbr-295	107	12	of	of	ADP
asfbr-295	107	13	research	research	NOUN
asfbr-295	107	14	,	,	PUNCT
asfbr-295	107	15	but	but	CCONJ
asfbr-295	107	16	here	here	ADV
asfbr-295	107	17	we	we	PRON
asfbr-295	107	18	consider	consider	VERB
asfbr-295	107	19	that	that	SCONJ
asfbr-295	107	20	the	the	DET
asfbr-295	107	21	mentioned	mention	VERB
asfbr-295	107	22	results	result	NOUN
asfbr-295	107	23	are	be	AUX
asfbr-295	107	24	sufficient	sufficient	ADJ
asfbr-295	107	25	to	to	PART
asfbr-295	107	26	be	be	AUX
asfbr-295	107	27	used	use	VERB
asfbr-295	107	28	and	and	CCONJ
asfbr-295	107	29	not	not	PART
asfbr-295	107	30	to	to	PART
asfbr-295	107	31	be	be	AUX
asfbr-295	107	32	retested	reteste	VERB
asfbr-295	107	33	.	.	PUNCT
asfbr-295	108	1	the	the	DET
asfbr-295	108	2	increase	increase	NOUN
asfbr-295	108	3	of	of	ADP
asfbr-295	108	4	the	the	DET
asfbr-295	108	5	government	government	NOUN
asfbr-295	108	6	sector	sector	NOUN
asfbr-295	108	7	’s	’s	PART
asfbr-295	108	8	debt	debt	NOUN
asfbr-295	108	9	to	to	ADP
asfbr-295	108	10	the	the	DET
asfbr-295	108	11	banking	banking	NOUN
asfbr-295	108	12	system	system	NOUN
asfbr-295	108	13	has	have	AUX
asfbr-295	108	14	been	be	AUX
asfbr-295	108	15	created	create	VERB
asfbr-295	108	16	through	through	ADP
asfbr-295	108	17	financing	finance	VERB
asfbr-295	108	18	budget	budget	NOUN
asfbr-295	108	19	deficit	deficit	NOUN
asfbr-295	108	20	by	by	ADP
asfbr-295	108	21	borrowing	borrow	VERB
asfbr-295	108	22	from	from	ADP
asfbr-295	108	23	the	the	DET
asfbr-295	108	24	banking	banking	NOUN
asfbr-295	108	25	system	system	NOUN
asfbr-295	108	26	,	,	PUNCT
asfbr-295	108	27	which	which	PRON
asfbr-295	108	28	is	be	AUX
asfbr-295	108	29	similar	similar	ADJ
asfbr-295	108	30	to	to	ADP
asfbr-295	108	31	seignorage	seignorage	NOUN
asfbr-295	108	32	of	of	ADP
asfbr-295	108	33	extra	extra	ADJ
asfbr-295	108	34	money	money	NOUN
asfbr-295	108	35	by	by	ADP
asfbr-295	108	36	expanding	expand	VERB
asfbr-295	108	37	the	the	DET
asfbr-295	108	38	monetary	monetary	ADJ
asfbr-295	108	39	base	base	NOUN
asfbr-295	108	40	.	.	PUNCT
asfbr-295	109	1	the	the	DET
asfbr-295	109	2	policy	policy	NOUN
asfbr-295	109	3	of	of	ADP
asfbr-295	109	4	selling	sell	VERB
asfbr-295	109	5	foreign	foreign	ADJ
asfbr-295	109	6	exchange	exchange	NOUN
asfbr-295	109	7	in	in	ADP
asfbr-295	109	8	the	the	DET
asfbr-295	109	9	parallel	parallel	ADJ
asfbr-295	109	10	market	market	NOUN
asfbr-295	109	11	can	can	AUX
asfbr-295	109	12	be	be	AUX
asfbr-295	109	13	regarded	regard	VERB
asfbr-295	109	14	as	as	ADP
asfbr-295	109	15	a	a	DET
asfbr-295	109	16	method	method	NOUN
asfbr-295	109	17	for	for	ADP
asfbr-295	109	18	partially	partially	ADV
asfbr-295	109	19	financing	finance	VERB
asfbr-295	109	20	the	the	DET
asfbr-295	109	21	budget	budget	NOUN
asfbr-295	109	22	deficit	deficit	NOUN
asfbr-295	109	23	.	.	PUNCT
asfbr-295	110	1	in	in	ADP
asfbr-295	110	2	this	this	DET
asfbr-295	110	3	way	way	NOUN
asfbr-295	110	4	,	,	PUNCT
asfbr-295	110	5	the	the	DET
asfbr-295	110	6	government	government	NOUN
asfbr-295	110	7	can	can	AUX
asfbr-295	110	8	finance	finance	VERB
asfbr-295	110	9	the	the	DET
asfbr-295	110	10	budget	budget	NOUN
asfbr-295	110	11	deficit	deficit	NOUN
asfbr-295	110	12	by	by	ADP
asfbr-295	110	13	selling	sell	VERB
asfbr-295	110	14	foreign	foreign	ADJ
asfbr-295	110	15	exchange	exchange	NOUN
asfbr-295	110	16	in	in	ADP
asfbr-295	110	17	the	the	DET
asfbr-295	110	18	parallel	parallel	ADJ
asfbr-295	110	19	market	market	NOUN
asfbr-295	110	20	at	at	ADP
asfbr-295	110	21	unofficial	unofficial	ADJ
asfbr-295	110	22	prices	price	NOUN
asfbr-295	110	23	without	without	ADP
asfbr-295	110	24	obligation	obligation	NOUN
asfbr-295	110	25	of	of	ADP
asfbr-295	110	26	borrowing	borrowing	NOUN
asfbr-295	110	27	from	from	ADP
asfbr-295	110	28	the	the	DET
asfbr-295	110	29	banking	banking	NOUN
asfbr-295	110	30	system	system	NOUN
asfbr-295	110	31	.	.	PUNCT
asfbr-295	111	1	in	in	ADP
asfbr-295	111	2	other	other	ADJ
asfbr-295	111	3	words	word	NOUN
asfbr-295	111	4	,	,	PUNCT
asfbr-295	111	5	without	without	ADP
asfbr-295	111	6	increasing	increase	VERB
asfbr-295	111	7	the	the	DET
asfbr-295	111	8	liquidity	liquidity	NOUN
asfbr-295	111	9	(	(	PUNCT
asfbr-295	111	10	in	in	ADP
asfbr-295	111	11	spite	spite	NOUN
asfbr-295	111	12	of	of	ADP
asfbr-295	111	13	borrowing	borrowing	NOUN
asfbr-295	111	14	from	from	ADP
asfbr-295	111	15	the	the	DET
asfbr-295	111	16	banking	banking	NOUN
asfbr-295	111	17	system	system	NOUN
asfbr-295	111	18	)	)	PUNCT
asfbr-295	111	19	,	,	PUNCT
asfbr-295	111	20	this	this	DET
asfbr-295	111	21	policy	policy	NOUN
asfbr-295	111	22	can	can	AUX
asfbr-295	111	23	finance	finance	VERB
asfbr-295	111	24	the	the	DET
asfbr-295	111	25	budget	budget	NOUN
asfbr-295	111	26	deficit	deficit	NOUN
asfbr-295	111	27	.	.	PUNCT
asfbr-295	112	1	price	price	NOUN
asfbr-295	112	2	increase	increase	NOUN
asfbr-295	112	3	and	and	CCONJ
asfbr-295	112	4	inflation	inflation	NOUN
asfbr-295	112	5	in	in	ADP
asfbr-295	112	6	iran	iran	PROPN
asfbr-295	112	7	has	have	VERB
asfbr-295	112	8	a	a	DET
asfbr-295	112	9	monetary	monetary	ADJ
asfbr-295	112	10	source	source	NOUN
asfbr-295	112	11	.	.	PUNCT
asfbr-295	113	1	many	many	ADJ
asfbr-295	113	2	studies	study	NOUN
asfbr-295	113	3	confirm	confirm	VERB
asfbr-295	113	4	this	this	DET
asfbr-295	113	5	hypothesis	hypothesis	NOUN
asfbr-295	113	6	.	.	PUNCT
asfbr-295	114	1	the	the	DET
asfbr-295	114	2	increase	increase	NOUN
asfbr-295	114	3	in	in	ADP
asfbr-295	114	4	money	money	NOUN
asfbr-295	114	5	supply	supply	NOUN
asfbr-295	114	6	causes	cause	VERB
asfbr-295	114	7	an	an	DET
asfbr-295	114	8	increase	increase	NOUN
asfbr-295	114	9	in	in	ADP
asfbr-295	114	10	general	general	ADJ
asfbr-295	114	11	price	price	NOUN
asfbr-295	114	12	level	level	NOUN
asfbr-295	114	13	instead	instead	ADV
asfbr-295	114	14	of	of	ADP
asfbr-295	114	15	increasing	increase	VERB
asfbr-295	114	16	the	the	DET
asfbr-295	114	17	supply	supply	NOUN
asfbr-295	114	18	of	of	ADP
asfbr-295	114	19	goods	good	NOUN
asfbr-295	114	20	and	and	CCONJ
asfbr-295	114	21	services	service	NOUN
asfbr-295	114	22	in	in	ADP
asfbr-295	114	23	the	the	DET
asfbr-295	114	24	economy	economy	NOUN
asfbr-295	114	25	.	.	PUNCT
asfbr-295	115	1	regarding	regard	VERB
asfbr-295	115	2	this	this	DET
asfbr-295	115	3	concept	concept	NOUN
asfbr-295	115	4	,	,	PUNCT
asfbr-295	115	5	it	it	PRON
asfbr-295	115	6	could	could	AUX
asfbr-295	115	7	be	be	AUX
asfbr-295	115	8	said	say	VERB
asfbr-295	115	9	that	that	SCONJ
asfbr-295	115	10	the	the	DET
asfbr-295	115	11	policy	policy	NOUN
asfbr-295	115	12	of	of	ADP
asfbr-295	115	13	selling	sell	VERB
asfbr-295	115	14	foreign	foreign	ADJ
asfbr-295	115	15	exchange	exchange	NOUN
asfbr-295	115	16	in	in	ADP
asfbr-295	115	17	the	the	DET
asfbr-295	115	18	parallel	parallel	ADJ
asfbr-295	115	19	market	market	NOUN
asfbr-295	115	20	will	will	AUX
asfbr-295	115	21	decrease	decrease	VERB
asfbr-295	115	22	the	the	DET
asfbr-295	115	23	price	price	NOUN
asfbr-295	115	24	level	level	NOUN
asfbr-295	115	25	through	through	ADP
asfbr-295	115	26	the	the	DET
asfbr-295	115	27	decreasing	decrease	VERB
asfbr-295	115	28	foreign	foreign	ADJ
asfbr-295	115	29	exchange	exchange	NOUN
asfbr-295	115	30	rate	rate	NOUN
asfbr-295	115	31	which	which	PRON
asfbr-295	115	32	causes	cause	VERB
asfbr-295	115	33	to	to	PART
asfbr-295	115	34	decrease	decrease	VERB
asfbr-295	115	35	the	the	DET
asfbr-295	115	36	price	price	NOUN
asfbr-295	115	37	of	of	ADP
asfbr-295	115	38	imported	import	VERB
asfbr-295	115	39	commodities	commodity	NOUN
asfbr-295	115	40	which	which	PRON
asfbr-295	115	41	use	use	VERB
asfbr-295	115	42	foreign	foreign	ADJ
asfbr-295	115	43	exchange	exchange	NOUN
asfbr-295	115	44	from	from	ADP
asfbr-295	115	45	the	the	DET
asfbr-295	115	46	parallel	parallel	ADJ
asfbr-295	115	47	market	market	NOUN
asfbr-295	115	48	sources	source	NOUN
asfbr-295	115	49	,	,	PUNCT
asfbr-295	115	50	and	and	CCONJ
asfbr-295	115	51	also	also	ADV
asfbr-295	115	52	through	through	ADP
asfbr-295	115	53	decrease	decrease	NOUN
asfbr-295	115	54	of	of	ADP
asfbr-295	115	55	liquidity	liquidity	NOUN
asfbr-295	115	56	which	which	PRON
asfbr-295	115	57	has	have	VERB
asfbr-295	115	58	a	a	DET
asfbr-295	115	59	deflationary	deflationary	ADJ
asfbr-295	115	60	effect	effect	NOUN
asfbr-295	115	61	.	.	PUNCT
asfbr-295	116	1	after	after	ADP
asfbr-295	116	2	the	the	DET
asfbr-295	116	3	approval	approval	NOUN
asfbr-295	116	4	of	of	ADP
asfbr-295	116	5	the	the	DET
asfbr-295	116	6	usury	usury	NOUN
asfbr-295	116	7	-	-	PUNCT
asfbr-295	116	8	free	free	ADJ
asfbr-295	116	9	banking	banking	NOUN
asfbr-295	116	10	law	law	NOUN
asfbr-295	116	11	,	,	PUNCT
asfbr-295	116	12	since	since	SCONJ
asfbr-295	116	13	bond	bond	NOUN
asfbr-295	116	14	has	have	VERB
asfbr-295	116	15	usuric	usuric	ADJ
asfbr-295	116	16	nature	nature	NOUN
asfbr-295	116	17	,	,	PUNCT
asfbr-295	116	18	it	it	PRON
asfbr-295	116	19	can	can	AUX
asfbr-295	116	20	not	not	PART
asfbr-295	116	21	be	be	AUX
asfbr-295	116	22	applied	apply	VERB
asfbr-295	116	23	as	as	ADP
asfbr-295	116	24	a	a	DET
asfbr-295	116	25	policy	policy	NOUN
asfbr-295	116	26	tool	tool	NOUN
asfbr-295	116	27	for	for	ADP
asfbr-295	116	28	changing	change	VERB
asfbr-295	116	29	the	the	DET
asfbr-295	116	30	amount	amount	NOUN
asfbr-295	116	31	of	of	ADP
asfbr-295	116	32	money	money	NOUN
asfbr-295	116	33	in	in	ADP
asfbr-295	116	34	circulation	circulation	NOUN
asfbr-295	116	35	.	.	PUNCT
asfbr-295	117	1	in	in	ADP
asfbr-295	117	2	the	the	DET
asfbr-295	117	3	western	western	ADJ
asfbr-295	117	4	economies	economy	NOUN
asfbr-295	117	5	,	,	PUNCT
asfbr-295	117	6	central	central	ADJ
asfbr-295	117	7	banks	bank	NOUN
asfbr-295	117	8	conduct	conduct	VERB
asfbr-295	117	9	open	open	ADJ
asfbr-295	117	10	market	market	NOUN
asfbr-295	117	11	copyright	copyright	NOUN
asfbr-295	117	12	©	©	PROPN
asfbr-295	117	13	cc	cc	PROPN
asfbr-295	117	14	-	-	PUNCT
asfbr-295	117	15	by	by	ADP
asfbr-295	117	16	-	-	PUNCT
asfbr-295	117	17	nc	nc	PROPN
asfbr-295	117	18	2019	2019	NUM
asfbr-295	117	19	,	,	PUNCT
asfbr-295	117	20	cribfb	cribfb	PROPN
asfbr-295	117	21	|	|	ADV
asfbr-295	117	22	afbr	afbr	ADV
asfbr-295	117	23	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	117	24	asian	asian	ADJ
asfbr-295	117	25	finance	finance	PROPN
asfbr-295	117	26	&	&	CCONJ
asfbr-295	117	27	banking	banking	PROPN
asfbr-295	117	28	review	review	PROPN
asfbr-295	117	29	vol	vol	NOUN
asfbr-295	117	30	.	.	PROPN
asfbr-295	118	1	3	3	NUM
asfbr-295	118	2	,	,	PUNCT
asfbr-295	118	3	no	no	INTJ
asfbr-295	118	4	.	.	NOUN
asfbr-295	118	5	1	1	NUM
asfbr-295	118	6	;	;	PUNCT
asfbr-295	118	7	2019	2019	NUM
asfbr-295	118	8	48	48	NUM
asfbr-295	118	9	operations	operation	NOUN
asfbr-295	118	10	by	by	ADP
asfbr-295	118	11	buying	buy	VERB
asfbr-295	118	12	and	and	CCONJ
asfbr-295	118	13	selling	sell	VERB
asfbr-295	118	14	bonds	bond	NOUN
asfbr-295	118	15	,	,	PUNCT
asfbr-295	118	16	and	and	CCONJ
asfbr-295	118	17	decrease	decrease	VERB
asfbr-295	118	18	or	or	CCONJ
asfbr-295	118	19	increase	increase	VERB
asfbr-295	118	20	the	the	DET
asfbr-295	118	21	amount	amount	NOUN
asfbr-295	118	22	of	of	ADP
asfbr-295	118	23	money	money	NOUN
asfbr-295	118	24	in	in	ADP
asfbr-295	118	25	circulation	circulation	NOUN
asfbr-295	118	26	and	and	CCONJ
asfbr-295	118	27	thereby	thereby	ADV
asfbr-295	118	28	,	,	PUNCT
asfbr-295	118	29	affect	affect	VERB
asfbr-295	118	30	the	the	DET
asfbr-295	118	31	interest	interest	NOUN
asfbr-295	118	32	rates	rate	NOUN
asfbr-295	118	33	and	and	CCONJ
asfbr-295	118	34	investment	investment	NOUN
asfbr-295	118	35	thereafter	thereafter	ADV
asfbr-295	118	36	.	.	PUNCT
asfbr-295	119	1	but	but	CCONJ
asfbr-295	119	2	as	as	SCONJ
asfbr-295	119	3	it	it	PRON
asfbr-295	119	4	was	be	AUX
asfbr-295	119	5	mentioned	mention	VERB
asfbr-295	119	6	earlier	early	ADV
asfbr-295	119	7	,	,	PUNCT
asfbr-295	119	8	since	since	SCONJ
asfbr-295	119	9	it	it	PRON
asfbr-295	119	10	is	be	AUX
asfbr-295	119	11	not	not	PART
asfbr-295	119	12	possible	possible	ADJ
asfbr-295	119	13	to	to	PART
asfbr-295	119	14	use	use	VERB
asfbr-295	119	15	bonds	bond	NOUN
asfbr-295	119	16	,	,	PUNCT
asfbr-295	119	17	it	it	PRON
asfbr-295	119	18	is	be	AUX
asfbr-295	119	19	not	not	PART
asfbr-295	119	20	possible	possible	ADJ
asfbr-295	119	21	to	to	PART
asfbr-295	119	22	conduct	conduct	VERB
asfbr-295	119	23	open	open	ADJ
asfbr-295	119	24	market	market	NOUN
asfbr-295	119	25	operations	operation	NOUN
asfbr-295	119	26	.	.	PUNCT
asfbr-295	120	1	the	the	DET
asfbr-295	120	2	government	government	NOUN
asfbr-295	120	3	interference	interference	NOUN
asfbr-295	120	4	in	in	ADP
asfbr-295	120	5	the	the	DET
asfbr-295	120	6	parallel	parallel	ADJ
asfbr-295	120	7	exchange	exchange	NOUN
asfbr-295	120	8	market	market	NOUN
asfbr-295	120	9	affects	affect	VERB
asfbr-295	120	10	liquidity	liquidity	NOUN
asfbr-295	120	11	,	,	PUNCT
asfbr-295	120	12	and	and	CCONJ
asfbr-295	120	13	if	if	SCONJ
asfbr-295	120	14	the	the	DET
asfbr-295	120	15	government	government	NOUN
asfbr-295	120	16	buys	buy	VERB
asfbr-295	120	17	,	,	PUNCT
asfbr-295	120	18	as	as	ADV
asfbr-295	120	19	well	well	ADV
asfbr-295	120	20	as	as	ADP
asfbr-295	120	21	selling	sell	VERB
asfbr-295	120	22	foreign	foreign	ADJ
asfbr-295	120	23	exchange	exchange	NOUN
asfbr-295	120	24	in	in	ADP
asfbr-295	120	25	this	this	DET
asfbr-295	120	26	market	market	NOUN
asfbr-295	120	27	,	,	PUNCT
asfbr-295	120	28	these	these	DET
asfbr-295	120	29	activities	activity	NOUN
asfbr-295	120	30	will	will	AUX
asfbr-295	120	31	be	be	AUX
asfbr-295	120	32	more	more	ADV
asfbr-295	120	33	similar	similar	ADJ
asfbr-295	120	34	with	with	ADP
asfbr-295	120	35	open	open	ADJ
asfbr-295	120	36	market	market	NOUN
asfbr-295	120	37	operations	operation	NOUN
asfbr-295	120	38	,	,	PUNCT
asfbr-295	120	39	and	and	CCONJ
asfbr-295	120	40	therefore	therefore	ADV
asfbr-295	120	41	,	,	PUNCT
asfbr-295	120	42	it	it	PRON
asfbr-295	120	43	is	be	AUX
asfbr-295	120	44	possible	possible	ADJ
asfbr-295	120	45	to	to	PART
asfbr-295	120	46	affect	affect	VERB
asfbr-295	120	47	interest	interest	NOUN
asfbr-295	120	48	rate	rate	NOUN
asfbr-295	120	49	in	in	ADP
asfbr-295	120	50	the	the	DET
asfbr-295	120	51	parallel	parallel	ADJ
asfbr-295	120	52	market	market	NOUN
asfbr-295	120	53	by	by	ADP
asfbr-295	120	54	applying	apply	VERB
asfbr-295	120	55	this	this	DET
asfbr-295	120	56	policy	policy	NOUN
asfbr-295	120	57	.	.	PUNCT
asfbr-295	121	1	of	of	ADP
asfbr-295	121	2	course	course	NOUN
asfbr-295	121	3	,	,	PUNCT
asfbr-295	121	4	this	this	DET
asfbr-295	121	5	kind	kind	NOUN
asfbr-295	121	6	of	of	ADP
asfbr-295	121	7	operation	operation	NOUN
asfbr-295	121	8	is	be	AUX
asfbr-295	121	9	not	not	PART
asfbr-295	121	10	completely	completely	ADV
asfbr-295	121	11	in	in	ADP
asfbr-295	121	12	accordance	accordance	NOUN
asfbr-295	121	13	with	with	ADP
asfbr-295	121	14	open	open	ADJ
asfbr-295	121	15	market	market	NOUN
asfbr-295	121	16	operation	operation	NOUN
asfbr-295	121	17	,	,	PUNCT
asfbr-295	121	18	but	but	CCONJ
asfbr-295	121	19	when	when	SCONJ
asfbr-295	121	20	other	other	ADJ
asfbr-295	121	21	monetary	monetary	ADJ
asfbr-295	121	22	instruments	instrument	NOUN
asfbr-295	121	23	are	be	AUX
asfbr-295	121	24	not	not	PART
asfbr-295	121	25	efficient	efficient	ADJ
asfbr-295	121	26	enough	enough	ADV
asfbr-295	121	27	,	,	PUNCT
asfbr-295	121	28	or	or	CCONJ
asfbr-295	121	29	applicable	applicable	ADJ
asfbr-295	121	30	,	,	PUNCT
asfbr-295	121	31	this	this	DET
asfbr-295	121	32	policy	policy	NOUN
asfbr-295	121	33	is	be	AUX
asfbr-295	121	34	of	of	ADP
asfbr-295	121	35	great	great	ADJ
asfbr-295	121	36	help	help	NOUN
asfbr-295	121	37	to	to	ADP
asfbr-295	121	38	monetary	monetary	ADJ
asfbr-295	121	39	authorities	authority	NOUN
asfbr-295	121	40	.	.	PUNCT
asfbr-295	122	1	after	after	ADP
asfbr-295	122	2	this	this	DET
asfbr-295	122	3	explanation	explanation	NOUN
asfbr-295	122	4	,	,	PUNCT
asfbr-295	122	5	we	we	PRON
asfbr-295	122	6	return	return	VERB
asfbr-295	122	7	to	to	ADP
asfbr-295	122	8	the	the	DET
asfbr-295	122	9	policy	policy	NOUN
asfbr-295	122	10	of	of	ADP
asfbr-295	122	11	selling	sell	VERB
asfbr-295	122	12	foreign	foreign	ADJ
asfbr-295	122	13	exchange	exchange	NOUN
asfbr-295	122	14	in	in	ADP
asfbr-295	122	15	the	the	DET
asfbr-295	122	16	parallel	parallel	ADJ
asfbr-295	122	17	market	market	NOUN
asfbr-295	122	18	.	.	PUNCT
asfbr-295	123	1	this	this	DET
asfbr-295	123	2	policy	policy	NOUN
asfbr-295	123	3	confirms	confirm	VERB
asfbr-295	123	4	the	the	DET
asfbr-295	123	5	followings	following	NOUN
asfbr-295	123	6	:	:	PUNCT
asfbr-295	123	7			X
asfbr-295	123	8	the	the	DET
asfbr-295	123	9	parallel	parallel	ADJ
asfbr-295	123	10	market	market	NOUN
asfbr-295	123	11	is	be	AUX
asfbr-295	123	12	implicitly	implicitly	ADV
asfbr-295	123	13	accepted	accept	VERB
asfbr-295	123	14			PUNCT
asfbr-295	124	1	it	it	PRON
asfbr-295	124	2	is	be	AUX
asfbr-295	124	3	a	a	DET
asfbr-295	124	4	step	step	NOUN
asfbr-295	124	5	towards	towards	ADP
asfbr-295	124	6	exchange	exchange	NOUN
asfbr-295	124	7	rate	rate	NOUN
asfbr-295	124	8	unification	unification	NOUN
asfbr-295	124	9			PUNCT
asfbr-295	125	1	it	it	PRON
asfbr-295	125	2	helps	help	VERB
asfbr-295	125	3	to	to	PART
asfbr-295	125	4	stabilize	stabilize	VERB
asfbr-295	125	5	the	the	DET
asfbr-295	125	6	rates	rate	NOUN
asfbr-295	125	7	of	of	ADP
asfbr-295	125	8	foreign	foreign	ADJ
asfbr-295	125	9	exchange	exchange	NOUN
asfbr-295	125	10			PUNCT
asfbr-295	126	1	it	it	PRON
asfbr-295	126	2	decreases	decrease	VERB
asfbr-295	126	3	the	the	DET
asfbr-295	126	4	amount	amount	NOUN
asfbr-295	126	5	of	of	ADP
asfbr-295	126	6	available	available	ADJ
asfbr-295	126	7	rial	rial	NOUN
asfbr-295	126	8	,	,	PUNCT
asfbr-295	126	9	and	and	CCONJ
asfbr-295	126	10	thereof	thereof	ADV
asfbr-295	126	11	strengthens	strengthen	VERB
asfbr-295	126	12	the	the	DET
asfbr-295	126	13	national	national	ADJ
asfbr-295	126	14	currency	currency	NOUN
asfbr-295	126	15			PUNCT
asfbr-295	127	1	it	it	PRON
asfbr-295	127	2	can	can	AUX
asfbr-295	127	3	partially	partially	ADV
asfbr-295	127	4	finance	finance	VERB
asfbr-295	127	5	the	the	DET
asfbr-295	127	6	budget	budget	NOUN
asfbr-295	127	7	deficit	deficit	NOUN
asfbr-295	127	8			PUNCT
asfbr-295	128	1	this	this	DET
asfbr-295	128	2	policy	policy	NOUN
asfbr-295	128	3	has	have	VERB
asfbr-295	128	4	deflationary	deflationary	ADJ
asfbr-295	128	5	effects	effect	NOUN
asfbr-295	128	6			PUNCT
asfbr-295	128	7	it	it	PRON
asfbr-295	128	8	can	can	AUX
asfbr-295	128	9	be	be	AUX
asfbr-295	128	10	regarded	regard	VERB
asfbr-295	128	11	as	as	ADP
asfbr-295	128	12	a	a	DET
asfbr-295	128	13	monetary	monetary	ADJ
asfbr-295	128	14	tool	tool	NOUN
asfbr-295	128	15	for	for	ADP
asfbr-295	128	16	open	open	ADJ
asfbr-295	128	17	market	market	NOUN
asfbr-295	128	18	operations	operation	NOUN
asfbr-295	128	19	year	year	NOUN
asfbr-295	128	20	sale	sale	NOUN
asfbr-295	128	21	of	of	ADP
asfbr-295	128	22	foreign	foreign	ADJ
asfbr-295	128	23	exchange	exchange	NOUN
asfbr-295	128	24	in	in	ADP
asfbr-295	128	25	the	the	DET
asfbr-295	128	26	parallel	parallel	ADJ
asfbr-295	128	27	market	market	NOUN
asfbr-295	128	28	(	(	PUNCT
asfbr-295	128	29	billion	billion	NUM
asfbr-295	128	30	rials	rial	NOUN
asfbr-295	128	31	)	)	PUNCT
asfbr-295	128	32	1982	1982	NUM
asfbr-295	128	33	0.00	0.00	NUM
asfbr-295	128	34	1983	1983	NUM
asfbr-295	128	35	5.70	5.70	NUM
asfbr-295	128	36	1984	1984	NUM
asfbr-295	128	37	34.50	34.50	NUM
asfbr-295	128	38	1985	1985	NUM
asfbr-295	128	39	88.70	88.70	NUM
asfbr-295	128	40	1986	1986	NUM
asfbr-295	128	41	17.90	17.90	NUM
asfbr-295	128	42	1987	1987	NUM
asfbr-295	128	43	87.00	87.00	NUM
asfbr-295	128	44	1988	1988	NUM
asfbr-295	128	45	141.50	141.50	NUM
asfbr-295	128	46	1989	1989	NUM
asfbr-295	128	47	744.30	744.30	NUM
asfbr-295	128	48	1990	1990	NUM
asfbr-295	128	49	2256.80	2256.80	NUM
asfbr-295	128	50	1991	1991	NUM
asfbr-295	128	51	2510.70	2510.70	NUM
asfbr-295	128	52	1992	1992	NUM
asfbr-295	128	53	4078.00	4078.00	NUM
asfbr-295	128	54	1993	1993	NUM
asfbr-295	128	55	4775.00	4775.00	NUM
asfbr-295	128	56	1994	1994	NUM
asfbr-295	128	57	0.00	0.00	NUM
asfbr-295	128	58	1995	1995	NUM
asfbr-295	128	59	2765.00	2765.00	NUM
asfbr-295	128	60	1996	1996	NUM
asfbr-295	128	61	5407.00	5407.00	NUM
asfbr-295	128	62	1997	1997	NUM
asfbr-295	128	63	10428.70	10428.70	NUM
asfbr-295	128	64	1998	1998	NUM
asfbr-295	128	65	6021.90	6021.90	NUM
asfbr-295	128	66	1999	1999	NUM
asfbr-295	128	67	18532.20	18532.20	NUM
asfbr-295	128	68	2000	2000	NUM
asfbr-295	128	69	39323.50	39323.50	NUM
asfbr-295	128	70	2001	2001	NUM
asfbr-295	128	71	52445.10	52445.10	NUM
asfbr-295	128	72	the	the	DET
asfbr-295	128	73	table	table	NOUN
asfbr-295	128	74	above	above	ADV
asfbr-295	128	75	shows	show	VERB
asfbr-295	128	76	the	the	DET
asfbr-295	128	77	amount	amount	NOUN
asfbr-295	128	78	of	of	ADP
asfbr-295	128	79	foreign	foreign	ADJ
asfbr-295	128	80	exchange	exchange	NOUN
asfbr-295	128	81	sold	sell	VERB
asfbr-295	128	82	in	in	ADP
asfbr-295	128	83	the	the	DET
asfbr-295	128	84	parallel	parallel	ADJ
asfbr-295	128	85	market	market	NOUN
asfbr-295	128	86	from	from	ADP
asfbr-295	128	87	1982	1982	NUM
asfbr-295	128	88	to	to	ADP
asfbr-295	128	89	2001	2001	NUM
asfbr-295	128	90	.	.	PUNCT
asfbr-295	129	1	since	since	SCONJ
asfbr-295	129	2	the	the	DET
asfbr-295	129	3	central	central	ADJ
asfbr-295	129	4	bank	bank	NOUN
asfbr-295	129	5	has	have	AUX
asfbr-295	129	6	sold	sell	VERB
asfbr-295	129	7	foreign	foreign	ADJ
asfbr-295	129	8	exchange	exchange	NOUN
asfbr-295	129	9	at	at	ADP
asfbr-295	129	10	different	different	ADJ
asfbr-295	129	11	rates	rate	NOUN
asfbr-295	129	12	during	during	ADP
asfbr-295	129	13	this	this	DET
asfbr-295	129	14	period	period	NOUN
asfbr-295	129	15	,	,	PUNCT
asfbr-295	129	16	we	we	PRON
asfbr-295	129	17	have	have	VERB
asfbr-295	129	18	only	only	ADV
asfbr-295	129	19	the	the	DET
asfbr-295	129	20	amounts	amount	NOUN
asfbr-295	129	21	in	in	ADP
asfbr-295	129	22	rial	rial	ADJ
asfbr-295	129	23	term	term	NOUN
asfbr-295	129	24	(	(	PUNCT
asfbr-295	129	25	not	not	PART
asfbr-295	129	26	in	in	ADP
asfbr-295	129	27	dollars	dollar	NOUN
asfbr-295	129	28	)	)	PUNCT
asfbr-295	129	29	.	.	PUNCT
asfbr-295	130	1	copyright	copyright	NOUN
asfbr-295	130	2	©	©	PROPN
asfbr-295	130	3	cc	cc	PROPN
asfbr-295	130	4	-	-	PUNCT
asfbr-295	130	5	by	by	ADP
asfbr-295	130	6	-	-	PUNCT
asfbr-295	130	7	nc	nc	PROPN
asfbr-295	130	8	2019	2019	NUM
asfbr-295	130	9	,	,	PUNCT
asfbr-295	130	10	cribfb	cribfb	PROPN
asfbr-295	130	11	|	|	ADV
asfbr-295	130	12	afbr	afbr	ADV
asfbr-295	130	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	130	14	asian	asian	ADJ
asfbr-295	130	15	finance	finance	PROPN
asfbr-295	130	16	&	&	CCONJ
asfbr-295	130	17	banking	banking	PROPN
asfbr-295	130	18	review	review	PROPN
asfbr-295	130	19	vol	vol	NOUN
asfbr-295	130	20	.	.	PROPN
asfbr-295	131	1	3	3	NUM
asfbr-295	131	2	,	,	PUNCT
asfbr-295	131	3	no	no	INTJ
asfbr-295	131	4	.	.	NOUN
asfbr-295	131	5	1	1	NUM
asfbr-295	131	6	;	;	PUNCT
asfbr-295	131	7	2019	2019	NUM
asfbr-295	131	8	49	49	NUM
asfbr-295	131	9	in	in	ADP
asfbr-295	131	10	the	the	DET
asfbr-295	131	11	macro	macro	ADJ
asfbr-295	131	12	-	-	ADJ
asfbr-295	131	13	econometric	econometric	ADJ
asfbr-295	131	14	model	model	NOUN
asfbr-295	131	15	of	of	ADP
asfbr-295	131	16	iran3	iran3	PROPN
asfbr-295	131	17	,	,	PUNCT
asfbr-295	131	18	the	the	DET
asfbr-295	131	19	effect	effect	NOUN
asfbr-295	131	20	of	of	ADP
asfbr-295	131	21	selling	sell	VERB
asfbr-295	131	22	foreign	foreign	ADJ
asfbr-295	131	23	exchange	exchange	NOUN
asfbr-295	131	24	in	in	ADP
asfbr-295	131	25	the	the	DET
asfbr-295	131	26	parallel	parallel	ADJ
asfbr-295	131	27	market	market	NOUN
asfbr-295	131	28	has	have	AUX
asfbr-295	131	29	been	be	AUX
asfbr-295	131	30	studied	study	VERB
asfbr-295	131	31	.	.	PUNCT
asfbr-295	132	1	the	the	DET
asfbr-295	132	2	calculations	calculation	NOUN
asfbr-295	132	3	show	show	VERB
asfbr-295	132	4	that	that	SCONJ
asfbr-295	132	5	by	by	ADP
asfbr-295	132	6	selling	sell	VERB
asfbr-295	132	7	foreign	foreign	ADJ
asfbr-295	132	8	exchange	exchange	NOUN
asfbr-295	132	9	equal	equal	ADJ
asfbr-295	132	10	to	to	ADP
asfbr-295	132	11	one	one	NUM
asfbr-295	132	12	thousand	thousand	NUM
asfbr-295	132	13	billion	billion	NUM
asfbr-295	132	14	rials	rial	NOUN
asfbr-295	132	15	,	,	PUNCT
asfbr-295	132	16	the	the	DET
asfbr-295	132	17	exchange	exchange	NOUN
asfbr-295	132	18	rate	rate	NOUN
asfbr-295	132	19	of	of	ADP
asfbr-295	132	20	the	the	DET
asfbr-295	132	21	parallel	parallel	ADJ
asfbr-295	132	22	market	market	NOUN
asfbr-295	132	23	decline	decline	NOUN
asfbr-295	132	24	will	will	AUX
asfbr-295	132	25	be	be	AUX
asfbr-295	132	26	65	65	NUM
asfbr-295	132	27	rials	rial	NOUN
asfbr-295	132	28	.	.	PUNCT
asfbr-295	133	1	4	4	X
asfbr-295	133	2	.	.	X
asfbr-295	133	3	the	the	DET
asfbr-295	133	4	relationship	relationship	NOUN
asfbr-295	133	5	between	between	ADP
asfbr-295	133	6	the	the	DET
asfbr-295	133	7	exchange	exchange	NOUN
asfbr-295	133	8	rate	rate	NOUN
asfbr-295	133	9	in	in	ADP
asfbr-295	133	10	the	the	DET
asfbr-295	133	11	parallel	parallel	ADJ
asfbr-295	133	12	market	market	NOUN
asfbr-295	133	13	and	and	CCONJ
asfbr-295	133	14	liquidity	liquidity	NOUN
asfbr-295	133	15	perhaps	perhaps	ADV
asfbr-295	133	16	the	the	DET
asfbr-295	133	17	most	most	ADV
asfbr-295	133	18	important	important	ADJ
asfbr-295	133	19	and	and	CCONJ
asfbr-295	133	20	famous	famous	ADJ
asfbr-295	133	21	view	view	NOUN
asfbr-295	133	22	about	about	ADP
asfbr-295	133	23	the	the	DET
asfbr-295	133	24	method	method	NOUN
asfbr-295	133	25	of	of	ADP
asfbr-295	133	26	defining	define	VERB
asfbr-295	133	27	the	the	DET
asfbr-295	133	28	parity	parity	NOUN
asfbr-295	133	29	of	of	ADP
asfbr-295	133	30	exchange	exchange	NOUN
asfbr-295	133	31	rate	rate	NOUN
asfbr-295	133	32	is	be	AUX
asfbr-295	133	33	to	to	PART
asfbr-295	133	34	consider	consider	VERB
asfbr-295	133	35	it	it	PRON
asfbr-295	133	36	as	as	ADP
asfbr-295	133	37	a	a	DET
asfbr-295	133	38	price	price	NOUN
asfbr-295	133	39	which	which	PRON
asfbr-295	133	40	is	be	AUX
asfbr-295	133	41	defined	define	VERB
asfbr-295	133	42	by	by	ADP
asfbr-295	133	43	the	the	DET
asfbr-295	133	44	intersection	intersection	NOUN
asfbr-295	133	45	of	of	ADP
asfbr-295	133	46	supply	supply	NOUN
asfbr-295	133	47	and	and	CCONJ
asfbr-295	133	48	demand	demand	NOUN
asfbr-295	133	49	of	of	ADP
asfbr-295	133	50	foreign	foreign	ADJ
asfbr-295	133	51	exchange	exchange	NOUN
asfbr-295	133	52	in	in	ADP
asfbr-295	133	53	the	the	DET
asfbr-295	133	54	market	market	NOUN
asfbr-295	133	55	.	.	PUNCT
asfbr-295	134	1	this	this	DET
asfbr-295	134	2	view	view	NOUN
asfbr-295	134	3	is	be	AUX
asfbr-295	134	4	regarded	regard	VERB
asfbr-295	134	5	as	as	ADP
asfbr-295	134	6	the	the	DET
asfbr-295	134	7	view	view	NOUN
asfbr-295	134	8	of	of	ADP
asfbr-295	134	9	the	the	DET
asfbr-295	134	10	balance	balance	NOUN
asfbr-295	134	11	of	of	ADP
asfbr-295	134	12	payments	payment	NOUN
asfbr-295	134	13	for	for	ADP
asfbr-295	134	14	determining	determine	VERB
asfbr-295	134	15	the	the	DET
asfbr-295	134	16	exchange	exchange	NOUN
asfbr-295	134	17	rate	rate	NOUN
asfbr-295	134	18	because	because	SCONJ
asfbr-295	134	19	the	the	DET
asfbr-295	134	20	supply	supply	NOUN
asfbr-295	134	21	and	and	CCONJ
asfbr-295	134	22	demand	demand	NOUN
asfbr-295	134	23	of	of	ADP
asfbr-295	134	24	foreign	foreign	ADJ
asfbr-295	134	25	exchange	exchange	NOUN
asfbr-295	134	26	is	be	AUX
asfbr-295	134	27	created	create	VERB
asfbr-295	134	28	through	through	ADP
asfbr-295	134	29	the	the	DET
asfbr-295	134	30	transactions	transaction	NOUN
asfbr-295	134	31	registered	register	VERB
asfbr-295	134	32	in	in	ADP
asfbr-295	134	33	the	the	DET
asfbr-295	134	34	balance	balance	NOUN
asfbr-295	134	35	of	of	ADP
asfbr-295	134	36	payments	payment	NOUN
asfbr-295	134	37	.	.	PUNCT
asfbr-295	135	1	balance	balance	NOUN
asfbr-295	135	2	of	of	ADP
asfbr-295	135	3	payments	payment	NOUN
asfbr-295	135	4	has	have	VERB
asfbr-295	135	5	two	two	NUM
asfbr-295	135	6	main	main	ADJ
asfbr-295	135	7	different	different	ADJ
asfbr-295	135	8	parts	part	NOUN
asfbr-295	135	9	of	of	ADP
asfbr-295	135	10	current	current	ADJ
asfbr-295	135	11	account	account	NOUN
asfbr-295	135	12	and	and	CCONJ
asfbr-295	135	13	capital	capital	NOUN
asfbr-295	135	14	account	account	NOUN
asfbr-295	135	15	.	.	PUNCT
asfbr-295	136	1	the	the	DET
asfbr-295	136	2	current	current	ADJ
asfbr-295	136	3	account	account	NOUN
asfbr-295	136	4	includes	include	VERB
asfbr-295	136	5	the	the	DET
asfbr-295	136	6	difference	difference	NOUN
asfbr-295	136	7	between	between	ADP
asfbr-295	136	8	imports	import	NOUN
asfbr-295	136	9	and	and	CCONJ
asfbr-295	136	10	exports	export	NOUN
asfbr-295	136	11	of	of	ADP
asfbr-295	136	12	goods	good	NOUN
asfbr-295	136	13	and	and	CCONJ
asfbr-295	136	14	services	service	NOUN
asfbr-295	136	15	and	and	CCONJ
asfbr-295	136	16	the	the	DET
asfbr-295	136	17	net	net	ADJ
asfbr-295	136	18	value	value	NOUN
asfbr-295	136	19	of	of	ADP
asfbr-295	136	20	other	other	ADJ
asfbr-295	136	21	received	receive	VERB
asfbr-295	136	22	and	and	CCONJ
asfbr-295	136	23	payments	payment	NOUN
asfbr-295	136	24	such	such	ADJ
asfbr-295	136	25	as	as	ADP
asfbr-295	136	26	compensations	compensation	NOUN
asfbr-295	136	27	,	,	PUNCT
asfbr-295	136	28	gifts	gift	NOUN
asfbr-295	136	29	and	and	CCONJ
asfbr-295	136	30	etc	etc	X
asfbr-295	136	31	.	.	X
asfbr-295	136	32	in	in	ADP
asfbr-295	136	33	connection	connection	NOUN
asfbr-295	136	34	with	with	ADP
asfbr-295	136	35	foreigners	foreigner	NOUN
asfbr-295	136	36	.	.	PUNCT
asfbr-295	137	1	if	if	SCONJ
asfbr-295	137	2	in	in	ADP
asfbr-295	137	3	this	this	DET
asfbr-295	137	4	account	account	NOUN
asfbr-295	137	5	imports	import	NOUN
asfbr-295	137	6	exceed	exceed	VERB
asfbr-295	137	7	exports	export	NOUN
asfbr-295	137	8	,	,	PUNCT
asfbr-295	137	9	it	it	PRON
asfbr-295	137	10	is	be	AUX
asfbr-295	137	11	said	say	VERB
asfbr-295	137	12	that	that	SCONJ
asfbr-295	137	13	the	the	DET
asfbr-295	137	14	account	account	NOUN
asfbr-295	137	15	is	be	AUX
asfbr-295	137	16	facing	face	VERB
asfbr-295	137	17	a	a	DET
asfbr-295	137	18	deficit	deficit	NOUN
asfbr-295	137	19	and	and	CCONJ
asfbr-295	137	20	vice	vice	NOUN
asfbr-295	137	21	versa	versa	ADV
asfbr-295	137	22	.	.	PUNCT
asfbr-295	138	1	it	it	PRON
asfbr-295	138	2	is	be	AUX
asfbr-295	138	3	clear	clear	ADJ
asfbr-295	138	4	that	that	SCONJ
asfbr-295	138	5	this	this	DET
asfbr-295	138	6	account	account	NOUN
asfbr-295	138	7	is	be	AUX
asfbr-295	138	8	not	not	PART
asfbr-295	138	9	necessarily	necessarily	ADV
asfbr-295	138	10	always	always	ADV
asfbr-295	138	11	in	in	ADP
asfbr-295	138	12	balance	balance	NOUN
asfbr-295	138	13	.	.	PUNCT
asfbr-295	139	1	if	if	SCONJ
asfbr-295	139	2	this	this	DET
asfbr-295	139	3	account	account	NOUN
asfbr-295	139	4	is	be	AUX
asfbr-295	139	5	facing	face	VERB
asfbr-295	139	6	a	a	DET
asfbr-295	139	7	deficit	deficit	NOUN
asfbr-295	139	8	,	,	PUNCT
asfbr-295	139	9	it	it	PRON
asfbr-295	139	10	will	will	AUX
asfbr-295	139	11	be	be	AUX
asfbr-295	139	12	compensated	compensate	VERB
asfbr-295	139	13	by	by	ADP
asfbr-295	139	14	other	other	ADJ
asfbr-295	139	15	accounts	account	NOUN
asfbr-295	139	16	.	.	PUNCT
asfbr-295	140	1	this	this	DET
asfbr-295	140	2	deficit	deficit	NOUN
asfbr-295	140	3	means	mean	VERB
asfbr-295	140	4	that	that	SCONJ
asfbr-295	140	5	the	the	DET
asfbr-295	140	6	expenses	expense	NOUN
asfbr-295	140	7	abroad	abroad	ADV
asfbr-295	140	8	have	have	AUX
asfbr-295	140	9	been	be	AUX
asfbr-295	140	10	more	more	ADJ
asfbr-295	140	11	than	than	ADP
asfbr-295	140	12	earnings	earning	NOUN
asfbr-295	140	13	from	from	ADP
asfbr-295	140	14	abroad	abroad	ADV
asfbr-295	140	15	.	.	PUNCT
asfbr-295	141	1	one	one	NUM
asfbr-295	141	2	way	way	NOUN
asfbr-295	141	3	of	of	ADP
asfbr-295	141	4	compensating	compensate	VERB
asfbr-295	141	5	this	this	DET
asfbr-295	141	6	deficit	deficit	NOUN
asfbr-295	141	7	is	be	AUX
asfbr-295	141	8	by	by	ADP
asfbr-295	141	9	the	the	DET
asfbr-295	141	10	use	use	NOUN
asfbr-295	141	11	of	of	ADP
asfbr-295	141	12	the	the	DET
asfbr-295	141	13	capital	capital	NOUN
asfbr-295	141	14	account	account	NOUN
asfbr-295	141	15	.	.	PUNCT
asfbr-295	142	1	in	in	ADP
asfbr-295	142	2	other	other	ADJ
asfbr-295	142	3	words	word	NOUN
asfbr-295	142	4	,	,	PUNCT
asfbr-295	142	5	this	this	DET
asfbr-295	142	6	deficit	deficit	NOUN
asfbr-295	142	7	will	will	AUX
asfbr-295	142	8	be	be	AUX
asfbr-295	142	9	deducted	deduct	VERB
asfbr-295	142	10	from	from	ADP
asfbr-295	142	11	the	the	DET
asfbr-295	142	12	existing	exist	VERB
asfbr-295	142	13	capital	capital	NOUN
asfbr-295	142	14	,	,	PUNCT
asfbr-295	142	15	or	or	CCONJ
asfbr-295	142	16	some	some	DET
asfbr-295	142	17	amount	amount	NOUN
asfbr-295	142	18	of	of	ADP
asfbr-295	142	19	capital	capital	NOUN
asfbr-295	142	20	equal	equal	ADJ
asfbr-295	142	21	with	with	ADP
asfbr-295	142	22	the	the	DET
asfbr-295	142	23	deficit	deficit	NOUN
asfbr-295	142	24	has	have	AUX
asfbr-295	142	25	been	be	AUX
asfbr-295	142	26	transferred	transfer	VERB
asfbr-295	142	27	out	out	ADP
asfbr-295	142	28	of	of	ADP
asfbr-295	142	29	the	the	DET
asfbr-295	142	30	country	country	NOUN
asfbr-295	142	31	,	,	PUNCT
asfbr-295	142	32	so	so	SCONJ
asfbr-295	142	33	that	that	PRON
asfbr-295	142	34	brings	bring	VERB
asfbr-295	142	35	the	the	DET
asfbr-295	142	36	balance	balance	NOUN
asfbr-295	142	37	of	of	ADP
asfbr-295	142	38	payments	payment	NOUN
asfbr-295	142	39	to	to	ADP
asfbr-295	142	40	the	the	DET
asfbr-295	142	41	equilibrium	equilibrium	NOUN
asfbr-295	142	42	position	position	NOUN
asfbr-295	142	43	.	.	PUNCT
asfbr-295	143	1	if	if	SCONJ
asfbr-295	143	2	there	there	PRON
asfbr-295	143	3	are	be	VERB
asfbr-295	143	4	no	no	DET
asfbr-295	143	5	other	other	ADJ
asfbr-295	143	6	transactions	transaction	NOUN
asfbr-295	143	7	in	in	ADP
asfbr-295	143	8	the	the	DET
asfbr-295	143	9	capital	capital	NOUN
asfbr-295	143	10	account	account	NOUN
asfbr-295	143	11	,	,	PUNCT
asfbr-295	143	12	in	in	ADP
asfbr-295	143	13	order	order	NOUN
asfbr-295	143	14	to	to	PART
asfbr-295	143	15	keep	keep	VERB
asfbr-295	143	16	the	the	DET
asfbr-295	143	17	balance	balance	NOUN
asfbr-295	143	18	of	of	ADP
asfbr-295	143	19	payments	payment	NOUN
asfbr-295	143	20	,	,	PUNCT
asfbr-295	143	21	we	we	PRON
asfbr-295	143	22	have	have	VERB
asfbr-295	143	23	to	to	PART
asfbr-295	143	24	import	import	VERB
asfbr-295	143	25	foreign	foreign	ADJ
asfbr-295	143	26	capital	capital	NOUN
asfbr-295	143	27	as	as	ADV
asfbr-295	143	28	much	much	ADV
asfbr-295	143	29	as	as	ADP
asfbr-295	143	30	a	a	DET
asfbr-295	143	31	deficit	deficit	NOUN
asfbr-295	143	32	in	in	ADP
asfbr-295	143	33	the	the	DET
asfbr-295	143	34	form	form	NOUN
asfbr-295	143	35	of	of	ADP
asfbr-295	143	36	foreign	foreign	ADJ
asfbr-295	143	37	loans	loan	NOUN
asfbr-295	143	38	,	,	PUNCT
asfbr-295	143	39	or	or	CCONJ
asfbr-295	143	40	the	the	DET
asfbr-295	143	41	decrease	decrease	NOUN
asfbr-295	143	42	of	of	ADP
asfbr-295	143	43	foreign	foreign	ADJ
asfbr-295	143	44	exchange	exchange	NOUN
asfbr-295	143	45	reserves	reserve	NOUN
asfbr-295	143	46	or	or	CCONJ
asfbr-295	143	47	investment	investment	NOUN
asfbr-295	143	48	permissions	permission	NOUN
asfbr-295	143	49	to	to	ADP
asfbr-295	143	50	foreigners	foreigner	NOUN
asfbr-295	143	51	,	,	PUNCT
asfbr-295	143	52	etc	etc	X
asfbr-295	143	53	.	.	X
asfbr-295	144	1	in	in	ADP
asfbr-295	144	2	other	other	ADJ
asfbr-295	144	3	words	word	NOUN
asfbr-295	144	4	,	,	PUNCT
asfbr-295	144	5	if	if	SCONJ
asfbr-295	144	6	a	a	DET
asfbr-295	144	7	country	country	NOUN
asfbr-295	144	8	faces	face	VERB
asfbr-295	144	9	a	a	DET
asfbr-295	144	10	deficit	deficit	NOUN
asfbr-295	144	11	in	in	ADP
asfbr-295	144	12	the	the	DET
asfbr-295	144	13	balance	balance	NOUN
asfbr-295	144	14	of	of	ADP
asfbr-295	144	15	payments	payment	NOUN
asfbr-295	144	16	,	,	PUNCT
asfbr-295	144	17	it	it	PRON
asfbr-295	144	18	means	mean	VERB
asfbr-295	144	19	that	that	SCONJ
asfbr-295	144	20	the	the	DET
asfbr-295	144	21	reserves	reserve	NOUN
asfbr-295	144	22	and	and	CCONJ
asfbr-295	144	23	assets	asset	NOUN
asfbr-295	144	24	of	of	ADP
asfbr-295	144	25	the	the	DET
asfbr-295	144	26	country	country	NOUN
asfbr-295	144	27	have	have	AUX
asfbr-295	144	28	been	be	AUX
asfbr-295	144	29	decreased	decrease	VERB
asfbr-295	144	30	.	.	PUNCT
asfbr-295	145	1	the	the	DET
asfbr-295	145	2	monetary	monetary	ADJ
asfbr-295	145	3	view	view	NOUN
asfbr-295	145	4	of	of	ADP
asfbr-295	145	5	the	the	DET
asfbr-295	145	6	balance	balance	NOUN
asfbr-295	145	7	of	of	ADP
asfbr-295	145	8	payments	payment	NOUN
asfbr-295	145	9	with	with	ADP
asfbr-295	145	10	emphasize	emphasize	NOUN
asfbr-295	145	11	on	on	ADP
asfbr-295	145	12	capital	capital	NOUN
asfbr-295	145	13	account	account	NOUN
asfbr-295	145	14	practically	practically	ADV
asfbr-295	145	15	defines	define	VERB
asfbr-295	145	16	the	the	DET
asfbr-295	145	17	role	role	NOUN
asfbr-295	145	18	of	of	ADP
asfbr-295	145	19	the	the	DET
asfbr-295	145	20	balance	balance	NOUN
asfbr-295	145	21	of	of	ADP
asfbr-295	145	22	payments	payment	NOUN
asfbr-295	145	23	in	in	ADP
asfbr-295	145	24	determining	determine	VERB
asfbr-295	145	25	the	the	DET
asfbr-295	145	26	exchange	exchange	NOUN
asfbr-295	145	27	rate	rate	NOUN
asfbr-295	145	28	.	.	PUNCT
asfbr-295	146	1	in	in	ADP
asfbr-295	146	2	simpler	simple	ADJ
asfbr-295	146	3	words	word	NOUN
asfbr-295	146	4	,	,	PUNCT
asfbr-295	146	5	this	this	DET
asfbr-295	146	6	view	view	NOUN
asfbr-295	146	7	says	say	VERB
asfbr-295	146	8	that	that	SCONJ
asfbr-295	146	9	when	when	SCONJ
asfbr-295	146	10	the	the	DET
asfbr-295	146	11	balance	balance	NOUN
asfbr-295	146	12	of	of	ADP
asfbr-295	146	13	payments	payment	NOUN
asfbr-295	146	14	is	be	AUX
asfbr-295	146	15	facing	face	VERB
asfbr-295	146	16	a	a	DET
asfbr-295	146	17	deficit	deficit	NOUN
asfbr-295	146	18	,	,	PUNCT
asfbr-295	146	19	the	the	DET
asfbr-295	146	20	foreign	foreign	ADJ
asfbr-295	146	21	assets	asset	NOUN
asfbr-295	146	22	will	will	AUX
asfbr-295	146	23	decrease	decrease	VERB
asfbr-295	146	24	equally	equally	ADV
asfbr-295	146	25	.	.	PUNCT
asfbr-295	147	1	the	the	DET
asfbr-295	147	2	importers	importer	NOUN
asfbr-295	147	3	go	go	VERB
asfbr-295	147	4	to	to	ADP
asfbr-295	147	5	the	the	DET
asfbr-295	147	6	foreign	foreign	ADJ
asfbr-295	147	7	exchange	exchange	NOUN
asfbr-295	147	8	market	market	NOUN
asfbr-295	147	9	according	accord	VERB
asfbr-295	147	10	to	to	ADP
asfbr-295	147	11	their	their	PRON
asfbr-295	147	12	previous	previous	ADJ
asfbr-295	147	13	demand	demand	NOUN
asfbr-295	147	14	function	function	NOUN
asfbr-295	147	15	,	,	PUNCT
asfbr-295	147	16	but	but	CCONJ
asfbr-295	147	17	since	since	SCONJ
asfbr-295	147	18	the	the	DET
asfbr-295	147	19	supply	supply	NOUN
asfbr-295	147	20	of	of	ADP
asfbr-295	147	21	foreign	foreign	ADJ
asfbr-295	147	22	exchange	exchange	NOUN
asfbr-295	147	23	has	have	AUX
asfbr-295	147	24	been	be	AUX
asfbr-295	147	25	decreased	decrease	VERB
asfbr-295	147	26	as	as	ADV
asfbr-295	147	27	much	much	ADV
asfbr-295	147	28	as	as	ADP
asfbr-295	147	29	the	the	DET
asfbr-295	147	30	deficit	deficit	NOUN
asfbr-295	147	31	of	of	ADP
asfbr-295	147	32	balance	balance	NOUN
asfbr-295	147	33	of	of	ADP
asfbr-295	147	34	payments	payment	NOUN
asfbr-295	147	35	,	,	PUNCT
asfbr-295	147	36	the	the	DET
asfbr-295	147	37	exchange	exchange	NOUN
asfbr-295	147	38	rate	rate	NOUN
asfbr-295	147	39	increases	increase	NOUN
asfbr-295	147	40	.	.	PUNCT
asfbr-295	148	1	this	this	PRON
asfbr-295	148	2	increases	increase	VERB
asfbr-295	148	3	the	the	DET
asfbr-295	148	4	price	price	NOUN
asfbr-295	148	5	of	of	ADP
asfbr-295	148	6	imported	import	VERB
asfbr-295	148	7	goods	good	NOUN
asfbr-295	148	8	and	and	CCONJ
asfbr-295	148	9	therefore	therefore	ADV
asfbr-295	148	10	,	,	PUNCT
asfbr-295	148	11	decreases	decrease	VERB
asfbr-295	148	12	the	the	DET
asfbr-295	148	13	demand	demand	NOUN
asfbr-295	148	14	for	for	ADP
asfbr-295	148	15	import	import	NOUN
asfbr-295	148	16	;	;	PUNCT
asfbr-295	148	17	moreover	moreover	ADV
asfbr-295	148	18	,	,	PUNCT
asfbr-295	148	19	since	since	SCONJ
asfbr-295	148	20	export	export	NOUN
asfbr-295	148	21	has	have	AUX
asfbr-295	148	22	become	become	VERB
asfbr-295	148	23	more	more	ADV
asfbr-295	148	24	profitable	profitable	ADJ
asfbr-295	148	25	,	,	PUNCT
asfbr-295	148	26	exports	export	NOUN
asfbr-295	148	27	will	will	AUX
asfbr-295	148	28	increase	increase	VERB
asfbr-295	148	29	and	and	CCONJ
asfbr-295	148	30	leads	lead	VERB
asfbr-295	148	31	to	to	ADP
asfbr-295	148	32	a	a	DET
asfbr-295	148	33	new	new	ADJ
asfbr-295	148	34	balance	balance	NOUN
asfbr-295	148	35	of	of	ADP
asfbr-295	148	36	payments	payment	NOUN
asfbr-295	148	37	and	and	CCONJ
asfbr-295	148	38	new	new	ADJ
asfbr-295	148	39	exchange	exchange	NOUN
asfbr-295	148	40	rate	rate	NOUN
asfbr-295	148	41	.	.	PUNCT
asfbr-295	149	1	here	here	ADV
asfbr-295	149	2	,	,	PUNCT
asfbr-295	149	3	the	the	DET
asfbr-295	149	4	important	important	ADJ
asfbr-295	149	5	thing	thing	NOUN
asfbr-295	149	6	is	be	AUX
asfbr-295	149	7	the	the	DET
asfbr-295	149	8	amount	amount	NOUN
asfbr-295	149	9	of	of	ADP
asfbr-295	149	10	demand	demand	NOUN
asfbr-295	149	11	for	for	ADP
asfbr-295	149	12	import	import	NOUN
asfbr-295	149	13	and	and	CCONJ
asfbr-295	149	14	the	the	DET
asfbr-295	149	15	supply	supply	NOUN
asfbr-295	149	16	of	of	ADP
asfbr-295	149	17	export	export	NOUN
asfbr-295	149	18	which	which	PRON
asfbr-295	149	19	specify	specify	VERB
asfbr-295	149	20	this	this	DET
asfbr-295	149	21	mechanism	mechanism	NOUN
asfbr-295	149	22	.	.	PUNCT
asfbr-295	150	1	both	both	PRON
asfbr-295	150	2	of	of	ADP
asfbr-295	150	3	these	these	DET
asfbr-295	150	4	functions	function	NOUN
asfbr-295	150	5	are	be	AUX
asfbr-295	150	6	the	the	DET
asfbr-295	150	7	result	result	NOUN
asfbr-295	150	8	of	of	ADP
asfbr-295	150	9	domestic	domestic	ADJ
asfbr-295	150	10	and	and	CCONJ
asfbr-295	150	11	external	external	ADJ
asfbr-295	150	12	prices	price	NOUN
asfbr-295	150	13	.	.	PUNCT
asfbr-295	151	1	in	in	ADP
asfbr-295	151	2	other	other	ADJ
asfbr-295	151	3	words	word	NOUN
asfbr-295	151	4	,	,	PUNCT
asfbr-295	151	5	whenever	whenever	SCONJ
asfbr-295	151	6	external	external	ADJ
asfbr-295	151	7	prices	price	NOUN
asfbr-295	151	8	do	do	AUX
asfbr-295	151	9	not	not	PART
asfbr-295	151	10	change	change	VERB
asfbr-295	151	11	,	,	PUNCT
asfbr-295	151	12	and	and	CCONJ
asfbr-295	151	13	internal	internal	ADJ
asfbr-295	151	14	prices	price	NOUN
asfbr-295	151	15	increase	increase	VERB
asfbr-295	151	16	,	,	PUNCT
asfbr-295	151	17	the	the	DET
asfbr-295	151	18	demand	demand	NOUN
asfbr-295	151	19	for	for	ADP
asfbr-295	151	20	import	import	NOUN
asfbr-295	151	21	increases	increase	NOUN
asfbr-295	151	22	,	,	PUNCT
asfbr-295	151	23	and	and	CCONJ
asfbr-295	151	24	the	the	DET
asfbr-295	151	25	supply	supply	NOUN
asfbr-295	151	26	for	for	ADP
asfbr-295	151	27	export	export	NOUN
asfbr-295	151	28	decreases	decrease	NOUN
asfbr-295	151	29	.	.	PUNCT
asfbr-295	152	1	these	these	DET
asfbr-295	152	2	changes	change	NOUN
asfbr-295	152	3	in	in	ADP
asfbr-295	152	4	import	import	NOUN
asfbr-295	152	5	and	and	CCONJ
asfbr-295	152	6	export	export	NOUN
asfbr-295	152	7	,	,	PUNCT
asfbr-295	152	8	through	through	ADP
asfbr-295	152	9	changes	change	NOUN
asfbr-295	152	10	in	in	ADP
asfbr-295	152	11	the	the	DET
asfbr-295	152	12	balance	balance	NOUN
asfbr-295	152	13	of	of	ADP
asfbr-295	152	14	payments	payment	NOUN
asfbr-295	152	15	and	and	CCONJ
asfbr-295	152	16	changes	change	NOUN
asfbr-295	152	17	in	in	ADP
asfbr-295	152	18	the	the	DET
asfbr-295	152	19	amount	amount	NOUN
asfbr-295	152	20	of	of	ADP
asfbr-295	152	21	foreign	foreign	ADJ
asfbr-295	152	22	reserves	reserve	NOUN
asfbr-295	152	23	,	,	PUNCT
asfbr-295	152	24	will	will	AUX
asfbr-295	152	25	cause	cause	VERB
asfbr-295	152	26	changes	change	NOUN
asfbr-295	152	27	in	in	ADP
asfbr-295	152	28	the	the	DET
asfbr-295	152	29	foreign	foreign	ADJ
asfbr-295	152	30	exchange	exchange	NOUN
asfbr-295	152	31	rate	rate	NOUN
asfbr-295	152	32	.	.	PUNCT
asfbr-295	153	1	in	in	ADP
asfbr-295	153	2	other	other	ADJ
asfbr-295	153	3	words	word	NOUN
asfbr-295	153	4	,	,	PUNCT
asfbr-295	153	5	when	when	SCONJ
asfbr-295	153	6	domestic	domestic	ADJ
asfbr-295	153	7	prices	price	NOUN
asfbr-295	153	8	increase	increase	VERB
asfbr-295	153	9	,	,	PUNCT
asfbr-295	153	10	the	the	DET
asfbr-295	153	11	purchasing	purchase	VERB
asfbr-295	153	12	power	power	NOUN
asfbr-295	153	13	decreases	decrease	VERB
asfbr-295	153	14	,	,	PUNCT
asfbr-295	153	15	but	but	CCONJ
asfbr-295	153	16	the	the	DET
asfbr-295	153	17	demand	demand	NOUN
asfbr-295	153	18	for	for	ADP
asfbr-295	153	19	imported	import	VERB
asfbr-295	153	20	goods	good	NOUN
asfbr-295	153	21	increases	increase	NOUN
asfbr-295	153	22	in	in	ADP
asfbr-295	153	23	comparison	comparison	NOUN
asfbr-295	153	24	with	with	ADP
asfbr-295	153	25	domestic	domestic	ADJ
asfbr-295	153	26	goods	good	NOUN
asfbr-295	153	27	,	,	PUNCT
asfbr-295	153	28	which	which	PRON
asfbr-295	153	29	has	have	VERB
asfbr-295	153	30	now	now	ADV
asfbr-295	153	31	a	a	DET
asfbr-295	153	32	higher	high	ADJ
asfbr-295	153	33	price	price	NOUN
asfbr-295	153	34	.	.	PUNCT
asfbr-295	154	1	practically	practically	ADV
asfbr-295	154	2	this	this	DET
asfbr-295	154	3	situation	situation	NOUN
asfbr-295	154	4	causes	cause	VERB
asfbr-295	154	5	an	an	DET
asfbr-295	154	6	increase	increase	NOUN
asfbr-295	154	7	in	in	ADP
asfbr-295	154	8	the	the	DET
asfbr-295	154	9	foreign	foreign	ADJ
asfbr-295	154	10	exchange	exchange	NOUN
asfbr-295	154	11	rate	rate	NOUN
asfbr-295	154	12	.	.	PUNCT
asfbr-295	155	1	an	an	DET
asfbr-295	155	2	increase	increase	NOUN
asfbr-295	155	3	in	in	ADP
asfbr-295	155	4	the	the	DET
asfbr-295	155	5	supply	supply	NOUN
asfbr-295	155	6	of	of	ADP
asfbr-295	155	7	national	national	ADJ
asfbr-295	155	8	money	money	NOUN
asfbr-295	155	9	has	have	VERB
asfbr-295	155	10	also	also	ADV
asfbr-295	155	11	a	a	DET
asfbr-295	155	12	similar	similar	ADJ
asfbr-295	155	13	effect	effect	NOUN
asfbr-295	155	14	on	on	ADP
asfbr-295	155	15	the	the	DET
asfbr-295	155	16	demand	demand	NOUN
asfbr-295	155	17	for	for	ADP
asfbr-295	155	18	the	the	DET
asfbr-295	155	19	foreign	foreign	ADJ
asfbr-295	155	20	exchange	exchange	NOUN
asfbr-295	155	21	rate	rate	NOUN
asfbr-295	155	22	in	in	ADP
asfbr-295	155	23	the	the	DET
asfbr-295	155	24	same	same	ADJ
asfbr-295	155	25	way	way	NOUN
asfbr-295	155	26	.	.	PUNCT
asfbr-295	156	1	the	the	DET
asfbr-295	156	2	increase	increase	NOUN
asfbr-295	156	3	in	in	ADP
asfbr-295	156	4	national	national	ADJ
asfbr-295	156	5	money	money	NOUN
asfbr-295	156	6	supply	supply	NOUN
asfbr-295	156	7	will	will	AUX
asfbr-295	156	8	increase	increase	VERB
asfbr-295	156	9	gross	gross	ADJ
asfbr-295	156	10	domestic	domestic	ADJ
asfbr-295	156	11	expenditures	expenditure	NOUN
asfbr-295	156	12	,	,	PUNCT
asfbr-295	156	13	and	and	CCONJ
asfbr-295	156	14	domestic	domestic	ADJ
asfbr-295	156	15	prices	price	NOUN
asfbr-295	156	16	and	and	CCONJ
asfbr-295	156	17	the	the	DET
asfbr-295	156	18	demand	demand	NOUN
asfbr-295	156	19	for	for	ADP
asfbr-295	156	20	imported	import	VERB
asfbr-295	156	21	goods	good	NOUN
asfbr-295	156	22	will	will	AUX
asfbr-295	156	23	increase	increase	VERB
asfbr-295	156	24	,	,	PUNCT
asfbr-295	156	25	and	and	CCONJ
asfbr-295	156	26	exports	export	NOUN
asfbr-295	156	27	will	will	AUX
asfbr-295	156	28	decrease	decrease	VERB
asfbr-295	156	29	.	.	PUNCT
asfbr-295	157	1	because	because	SCONJ
asfbr-295	157	2	as	as	SCONJ
asfbr-295	157	3	it	it	PRON
asfbr-295	157	4	was	be	AUX
asfbr-295	157	5	mentioned	mention	VERB
asfbr-295	157	6	before	before	ADV
asfbr-295	157	7	,	,	PUNCT
asfbr-295	157	8	the	the	DET
asfbr-295	157	9	demand	demand	NOUN
asfbr-295	157	10	for	for	ADP
asfbr-295	157	11	imports	import	NOUN
asfbr-295	157	12	and	and	CCONJ
asfbr-295	157	13	the	the	DET
asfbr-295	157	14	supply	supply	NOUN
asfbr-295	157	15	of	of	ADP
asfbr-295	157	16	exports	export	NOUN
asfbr-295	157	17	are	be	AUX
asfbr-295	157	18	functions	function	NOUN
asfbr-295	157	19	of	of	ADP
asfbr-295	157	20	domestic	domestic	ADJ
asfbr-295	157	21	and	and	CCONJ
asfbr-295	157	22	external	external	ADJ
asfbr-295	157	23	prices	price	NOUN
asfbr-295	157	24	.	.	PUNCT
asfbr-295	158	1	the	the	DET
asfbr-295	158	2	increase	increase	NOUN
asfbr-295	158	3	in	in	ADP
asfbr-295	158	4	demand	demand	NOUN
asfbr-295	158	5	for	for	ADP
asfbr-295	158	6	imports	import	NOUN
asfbr-295	158	7	and	and	CCONJ
asfbr-295	158	8	the	the	DET
asfbr-295	158	9	decline	decline	NOUN
asfbr-295	158	10	in	in	ADP
asfbr-295	158	11	the	the	DET
asfbr-295	158	12	supply	supply	NOUN
asfbr-295	158	13	of	of	ADP
asfbr-295	158	14	exports	export	NOUN
asfbr-295	158	15	will	will	AUX
asfbr-295	158	16	lead	lead	VERB
asfbr-295	158	17	to	to	ADP
asfbr-295	158	18	a	a	DET
asfbr-295	158	19	balance	balance	NOUN
asfbr-295	158	20	of	of	ADP
asfbr-295	158	21	payments	payment	NOUN
asfbr-295	158	22	deficit	deficit	NOUN
asfbr-295	158	23	,	,	PUNCT
asfbr-295	158	24	which	which	PRON
asfbr-295	158	25	means	mean	VERB
asfbr-295	158	26	an	an	DET
asfbr-295	158	27	increase	increase	NOUN
asfbr-295	158	28	in	in	ADP
asfbr-295	158	29	demand	demand	NOUN
asfbr-295	158	30	for	for	ADP
asfbr-295	158	31	foreign	foreign	ADJ
asfbr-295	158	32	currency	currency	NOUN
asfbr-295	158	33	because	because	SCONJ
asfbr-295	158	34	of	of	ADP
asfbr-295	158	35	the	the	DET
asfbr-295	158	36	import	import	NOUN
asfbr-295	158	37	increase	increase	NOUN
asfbr-295	158	38	.	.	PUNCT
asfbr-295	159	1	the	the	DET
asfbr-295	159	2	interaction	interaction	NOUN
asfbr-295	159	3	between	between	ADP
asfbr-295	159	4	the	the	DET
asfbr-295	159	5	national	national	ADJ
asfbr-295	159	6	currency	currency	NOUN
asfbr-295	159	7	and	and	CCONJ
asfbr-295	159	8	foreign	foreign	ADJ
asfbr-295	159	9	exchange	exchange	NOUN
asfbr-295	159	10	in	in	ADP
asfbr-295	159	11	the	the	DET
asfbr-295	159	12	market	market	NOUN
asfbr-295	159	13	for	for	ADP
asfbr-295	159	14	exchanging	exchange	VERB
asfbr-295	159	15	national	national	ADJ
asfbr-295	159	16	money	money	NOUN
asfbr-295	159	17	into	into	ADP
asfbr-295	159	18	the	the	DET
asfbr-295	159	19	foreign	foreign	ADJ
asfbr-295	159	20	exchange	exchange	NOUN
asfbr-295	159	21	will	will	AUX
asfbr-295	159	22	ultimately	ultimately	ADV
asfbr-295	159	23	lead	lead	VERB
asfbr-295	159	24	to	to	ADP
asfbr-295	159	25	the	the	DET
asfbr-295	159	26	increase	increase	NOUN
asfbr-295	159	27	of	of	ADP
asfbr-295	159	28	foreign	foreign	ADJ
asfbr-295	159	29	exchange	exchange	NOUN
asfbr-295	159	30	rate	rate	NOUN
asfbr-295	159	31	.	.	PUNCT
asfbr-295	160	1	in	in	ADP
asfbr-295	160	2	the	the	DET
asfbr-295	160	3	second	second	ADJ
asfbr-295	160	4	round	round	NOUN
asfbr-295	160	5	,	,	PUNCT
asfbr-295	160	6	this	this	DET
asfbr-295	160	7	increase	increase	NOUN
asfbr-295	160	8	will	will	AUX
asfbr-295	160	9	lead	lead	VERB
asfbr-295	160	10	to	to	ADP
asfbr-295	160	11	the	the	DET
asfbr-295	160	12	adjustment	adjustment	NOUN
asfbr-295	160	13	of	of	ADP
asfbr-295	160	14	the	the	DET
asfbr-295	160	15	balance	balance	NOUN
asfbr-295	160	16	of	of	ADP
asfbr-295	160	17	payments	payment	NOUN
asfbr-295	160	18	and	and	CCONJ
asfbr-295	160	19	with	with	ADP
asfbr-295	160	20	higher	high	ADJ
asfbr-295	160	21	prices	price	NOUN
asfbr-295	160	22	and	and	CCONJ
asfbr-295	160	23	a	a	DET
asfbr-295	160	24	higher	high	ADJ
asfbr-295	160	25	rate	rate	NOUN
asfbr-295	160	26	of	of	ADP
asfbr-295	160	27	foreign	foreign	ADJ
asfbr-295	160	28	exchange	exchange	NOUN
asfbr-295	160	29	;	;	PUNCT
asfbr-295	160	30	a	a	DET
asfbr-295	160	31	new	new	ADJ
asfbr-295	160	32	equilibrium	equilibrium	NOUN
asfbr-295	160	33	will	will	AUX
asfbr-295	160	34	be	be	AUX
asfbr-295	160	35	achieved	achieve	VERB
asfbr-295	160	36	in	in	ADP
asfbr-295	160	37	the	the	DET
asfbr-295	160	38	economy	economy	NOUN
asfbr-295	160	39	.	.	PUNCT
asfbr-295	161	1	this	this	DET
asfbr-295	161	2	phenomenon	phenomenon	NOUN
asfbr-295	161	3	has	have	AUX
asfbr-295	161	4	been	be	AUX
asfbr-295	161	5	prevailing	prevail	VERB
asfbr-295	161	6	in	in	ADP
asfbr-295	161	7	the	the	DET
asfbr-295	161	8	economy	economy	NOUN
asfbr-295	161	9	of	of	ADP
asfbr-295	161	10	iran	iran	PROPN
asfbr-295	161	11	after	after	ADP
asfbr-295	161	12	the	the	DET
asfbr-295	161	13	revolution	revolution	NOUN
asfbr-295	161	14	.	.	PUNCT
asfbr-295	162	1	the	the	DET
asfbr-295	162	2	permanent	permanent	ADJ
asfbr-295	162	3	increase	increase	NOUN
asfbr-295	162	4	in	in	ADP
asfbr-295	162	5	the	the	DET
asfbr-295	162	6	money	money	NOUN
asfbr-295	162	7	supply	supply	NOUN
asfbr-295	162	8	has	have	VERB
asfbr-295	162	9	practically	practically	ADV
asfbr-295	162	10	increased	increase	VERB
asfbr-295	162	11	domestic	domestic	ADJ
asfbr-295	162	12	prices	price	NOUN
asfbr-295	162	13	and	and	CCONJ
asfbr-295	162	14	has	have	AUX
asfbr-295	162	15	decreased	decrease	VERB
asfbr-295	162	16	the	the	DET
asfbr-295	162	17	purchasing	purchasing	NOUN
asfbr-295	162	18	power	power	NOUN
asfbr-295	162	19	and	and	CCONJ
asfbr-295	162	20	caused	cause	VERB
asfbr-295	162	21	the	the	DET
asfbr-295	162	22	devaluation	devaluation	NOUN
asfbr-295	162	23	of	of	ADP
asfbr-295	162	24	the	the	DET
asfbr-295	162	25	national	national	ADJ
asfbr-295	162	26	currency	currency	NOUN
asfbr-295	162	27	.	.	PUNCT
asfbr-295	163	1	several	several	ADJ
asfbr-295	163	2	pieces	piece	NOUN
asfbr-295	163	3	of	of	ADP
asfbr-295	163	4	research	research	NOUN
asfbr-295	163	5	confirm	confirm	VERB
asfbr-295	163	6	this	this	DET
asfbr-295	163	7	phenomenon4	phenomenon4	NOUN
asfbr-295	163	8	.	.	PUNCT
asfbr-295	163	9	3	3	NUM
asfbr-295	163	10	bidabad	bidabad	NOUN
asfbr-295	163	11	,	,	PUNCT
asfbr-295	163	12	1996	1996	NUM
asfbr-295	163	13	.	.	PUNCT
asfbr-295	164	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	164	2	4	4	NUM
asfbr-295	164	3	komijani	komijani	ADJ
asfbr-295	164	4	and	and	CCONJ
asfbr-295	164	5	bidabad	bidabad	ADJ
asfbr-295	164	6	,	,	PUNCT
asfbr-295	164	7	1990	1990	NUM
asfbr-295	164	8	,	,	PUNCT
asfbr-295	164	9	1991	1991	NUM
asfbr-295	164	10	,	,	PUNCT
asfbr-295	164	11	and	and	CCONJ
asfbr-295	164	12	1992	1992	NUM
asfbr-295	164	13	.	.	PUNCT
asfbr-295	165	1	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	165	2	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	165	3	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	165	4	copyright	copyright	PROPN
asfbr-295	166	1	©	©	PROPN
asfbr-295	166	2	cc	cc	PROPN
asfbr-295	166	3	-	-	PUNCT
asfbr-295	166	4	by	by	ADP
asfbr-295	166	5	-	-	PUNCT
asfbr-295	166	6	nc	nc	PROPN
asfbr-295	166	7	2019	2019	NUM
asfbr-295	166	8	,	,	PUNCT
asfbr-295	166	9	cribfb	cribfb	PROPN
asfbr-295	166	10	|	|	ADV
asfbr-295	166	11	afbr	afbr	ADV
asfbr-295	166	12	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	166	13	asian	asian	ADJ
asfbr-295	166	14	finance	finance	PROPN
asfbr-295	166	15	&	&	CCONJ
asfbr-295	166	16	banking	banking	PROPN
asfbr-295	166	17	review	review	PROPN
asfbr-295	166	18	vol	vol	NOUN
asfbr-295	166	19	.	.	PROPN
asfbr-295	167	1	3	3	NUM
asfbr-295	167	2	,	,	PUNCT
asfbr-295	167	3	no	no	INTJ
asfbr-295	167	4	.	.	NOUN
asfbr-295	167	5	1	1	NUM
asfbr-295	167	6	;	;	PUNCT
asfbr-295	167	7	2019	2019	NUM
asfbr-295	167	8	50	50	NUM
asfbr-295	167	9	there	there	PRON
asfbr-295	167	10	are	be	VERB
asfbr-295	167	11	also	also	ADV
asfbr-295	167	12	several	several	ADJ
asfbr-295	167	13	papers	paper	NOUN
asfbr-295	167	14	showing	show	VERB
asfbr-295	167	15	that	that	SCONJ
asfbr-295	167	16	the	the	DET
asfbr-295	167	17	permanent	permanent	ADJ
asfbr-295	167	18	increase	increase	NOUN
asfbr-295	167	19	in	in	ADP
asfbr-295	167	20	the	the	DET
asfbr-295	167	21	supply	supply	NOUN
asfbr-295	167	22	of	of	ADP
asfbr-295	167	23	money	money	NOUN
asfbr-295	167	24	has	have	AUX
asfbr-295	167	25	caused	cause	VERB
asfbr-295	167	26	the	the	DET
asfbr-295	167	27	slow	slow	NOUN
asfbr-295	167	28	to	to	PART
asfbr-295	167	29	lose	lose	VERB
asfbr-295	167	30	the	the	DET
asfbr-295	167	31	value	value	NOUN
asfbr-295	167	32	of	of	ADP
asfbr-295	167	33	the	the	DET
asfbr-295	167	34	national	national	PROPN
asfbr-295	167	35	currency5	currency5	PROPN
asfbr-295	167	36	.	.	PUNCT
asfbr-295	168	1	in	in	ADP
asfbr-295	168	2	these	these	DET
asfbr-295	168	3	papers	paper	NOUN
asfbr-295	168	4	,	,	PUNCT
asfbr-295	168	5	an	an	DET
asfbr-295	168	6	econometric	econometric	ADJ
asfbr-295	168	7	model	model	NOUN
asfbr-295	168	8	for	for	ADP
asfbr-295	168	9	iran	iran	PROPN
asfbr-295	168	10	has	have	AUX
asfbr-295	168	11	been	be	AUX
asfbr-295	168	12	evaluated	evaluate	VERB
asfbr-295	168	13	,	,	PUNCT
asfbr-295	168	14	and	and	CCONJ
asfbr-295	168	15	this	this	DET
asfbr-295	168	16	hypothesis	hypothesis	NOUN
asfbr-295	168	17	has	have	AUX
asfbr-295	168	18	been	be	AUX
asfbr-295	168	19	tested	test	VERB
asfbr-295	168	20	.	.	PUNCT
asfbr-295	169	1	unfortunately	unfortunately	ADV
asfbr-295	169	2	,	,	PUNCT
asfbr-295	169	3	because	because	SCONJ
asfbr-295	169	4	of	of	ADP
asfbr-295	169	5	poor	poor	ADJ
asfbr-295	169	6	data	datum	NOUN
asfbr-295	169	7	available	available	ADJ
asfbr-295	169	8	about	about	ADP
asfbr-295	169	9	the	the	DET
asfbr-295	169	10	balance	balance	NOUN
asfbr-295	169	11	of	of	ADP
asfbr-295	169	12	payments	payment	NOUN
asfbr-295	169	13	,	,	PUNCT
asfbr-295	169	14	testing	test	VERB
asfbr-295	169	15	this	this	DET
asfbr-295	169	16	hypothesis	hypothesis	NOUN
asfbr-295	169	17	faces	face	VERB
asfbr-295	169	18	difficulties	difficulty	NOUN
asfbr-295	169	19	.	.	PUNCT
asfbr-295	170	1	some	some	PRON
asfbr-295	170	2	of	of	ADP
asfbr-295	170	3	the	the	DET
asfbr-295	170	4	problems	problem	NOUN
asfbr-295	170	5	of	of	ADP
asfbr-295	170	6	the	the	DET
asfbr-295	170	7	balance	balance	NOUN
asfbr-295	170	8	of	of	ADP
asfbr-295	170	9	payments	payment	NOUN
asfbr-295	170	10	data	datum	NOUN
asfbr-295	170	11	have	have	AUX
asfbr-295	170	12	been	be	AUX
asfbr-295	170	13	described	describe	VERB
asfbr-295	170	14	in	in	ADP
asfbr-295	170	15	annual	annual	ADJ
asfbr-295	170	16	economic	economic	ADJ
asfbr-295	170	17	reports	report	NOUN
asfbr-295	170	18	of	of	ADP
asfbr-295	170	19	the	the	DET
asfbr-295	170	20	central	central	ADJ
asfbr-295	170	21	bank	bank	NOUN
asfbr-295	170	22	and	and	CCONJ
asfbr-295	170	23	papers	paper	NOUN
asfbr-295	170	24	written	write	VERB
asfbr-295	170	25	by	by	ADP
asfbr-295	170	26	the	the	DET
asfbr-295	170	27	author	author	NOUN
asfbr-295	170	28	in	in	ADP
asfbr-295	170	29	1994	1994	NUM
asfbr-295	170	30	and	and	CCONJ
asfbr-295	170	31	1995	1995	NUM
asfbr-295	170	32	.	.	PUNCT
asfbr-295	171	1	in	in	ADP
asfbr-295	171	2	the	the	DET
asfbr-295	171	3	research	research	NOUN
asfbr-295	171	4	carried	carry	VERB
asfbr-295	171	5	out	out	ADP
asfbr-295	171	6	by	by	ADP
asfbr-295	171	7	the	the	DET
asfbr-295	171	8	author	author	NOUN
asfbr-295	171	9	and	and	CCONJ
asfbr-295	171	10	komijani	komijani	X
asfbr-295	171	11	(	(	PUNCT
asfbr-295	171	12	1992	1992	NUM
asfbr-295	171	13	)	)	PUNCT
asfbr-295	171	14	,	,	PUNCT
asfbr-295	171	15	the	the	DET
asfbr-295	171	16	relationship	relationship	NOUN
asfbr-295	171	17	of	of	ADP
asfbr-295	171	18	dollar	dollar	NOUN
asfbr-295	171	19	rate	rate	NOUN
asfbr-295	171	20	in	in	ADP
asfbr-295	171	21	the	the	DET
asfbr-295	171	22	parallel	parallel	ADJ
asfbr-295	171	23	market	market	NOUN
asfbr-295	171	24	and	and	CCONJ
asfbr-295	171	25	balance	balance	NOUN
asfbr-295	171	26	of	of	ADP
asfbr-295	171	27	payments	payment	NOUN
asfbr-295	171	28	has	have	AUX
asfbr-295	171	29	been	be	AUX
asfbr-295	171	30	shown	show	VERB
asfbr-295	171	31	through	through	ADP
asfbr-295	171	32	econometric	econometric	ADJ
asfbr-295	171	33	models	model	NOUN
asfbr-295	171	34	.	.	PUNCT
asfbr-295	172	1	these	these	DET
asfbr-295	172	2	researches	research	NOUN
asfbr-295	172	3	show	show	VERB
asfbr-295	172	4	the	the	DET
asfbr-295	172	5	strong	strong	ADJ
asfbr-295	172	6	descriptive	descriptive	ADJ
asfbr-295	172	7	effect	effect	NOUN
asfbr-295	172	8	of	of	ADP
asfbr-295	172	9	the	the	DET
asfbr-295	172	10	balance	balance	NOUN
asfbr-295	172	11	of	of	ADP
asfbr-295	172	12	payments	payment	NOUN
asfbr-295	172	13	variable	variable	ADJ
asfbr-295	172	14	on	on	ADP
asfbr-295	172	15	the	the	DET
asfbr-295	172	16	variations	variation	NOUN
asfbr-295	172	17	of	of	ADP
asfbr-295	172	18	the	the	DET
asfbr-295	172	19	foreign	foreign	ADJ
asfbr-295	172	20	exchange	exchange	NOUN
asfbr-295	172	21	rate	rate	NOUN
asfbr-295	172	22	in	in	ADP
asfbr-295	172	23	the	the	DET
asfbr-295	172	24	parallel	parallel	ADJ
asfbr-295	172	25	market	market	NOUN
asfbr-295	172	26	.	.	PUNCT
asfbr-295	173	1	but	but	CCONJ
asfbr-295	173	2	in	in	ADP
asfbr-295	173	3	spite	spite	NOUN
asfbr-295	173	4	of	of	ADP
asfbr-295	173	5	these	these	DET
asfbr-295	173	6	confirmations	confirmation	NOUN
asfbr-295	173	7	,	,	PUNCT
asfbr-295	173	8	because	because	SCONJ
asfbr-295	173	9	of	of	ADP
asfbr-295	173	10	data	datum	NOUN
asfbr-295	173	11	problems	problem	NOUN
asfbr-295	173	12	of	of	ADP
asfbr-295	173	13	the	the	DET
asfbr-295	173	14	balance	balance	NOUN
asfbr-295	173	15	of	of	ADP
asfbr-295	173	16	payments	payment	NOUN
asfbr-295	173	17	,	,	PUNCT
asfbr-295	173	18	the	the	DET
asfbr-295	173	19	calculation	calculation	NOUN
asfbr-295	173	20	results	result	NOUN
asfbr-295	173	21	are	be	AUX
asfbr-295	173	22	very	very	ADV
asfbr-295	173	23	sensitive	sensitive	ADJ
asfbr-295	173	24	to	to	ADP
asfbr-295	173	25	every	every	DET
asfbr-295	173	26	single	single	ADJ
asfbr-295	173	27	year	year	NOUN
asfbr-295	173	28	data	datum	NOUN
asfbr-295	173	29	,	,	PUNCT
asfbr-295	173	30	and	and	CCONJ
asfbr-295	173	31	by	by	ADP
asfbr-295	173	32	increasing	increase	VERB
asfbr-295	173	33	or	or	CCONJ
asfbr-295	173	34	decreasing	decrease	VERB
asfbr-295	173	35	a	a	DET
asfbr-295	173	36	single	single	ADJ
asfbr-295	173	37	observation	observation	NOUN
asfbr-295	173	38	,	,	PUNCT
asfbr-295	173	39	the	the	DET
asfbr-295	173	40	results	result	NOUN
asfbr-295	173	41	of	of	ADP
asfbr-295	173	42	calculations	calculation	NOUN
asfbr-295	173	43	will	will	AUX
asfbr-295	173	44	change	change	VERB
asfbr-295	173	45	very	very	ADV
asfbr-295	173	46	much	much	ADV
asfbr-295	173	47	.	.	PUNCT
asfbr-295	174	1	in	in	ADP
asfbr-295	174	2	the	the	DET
asfbr-295	174	3	continuation	continuation	NOUN
asfbr-295	174	4	of	of	ADP
asfbr-295	174	5	the	the	DET
asfbr-295	174	6	above	above	ADV
asfbr-295	174	7	-	-	PUNCT
asfbr-295	174	8	mentioned	mention	VERB
asfbr-295	174	9	researches	research	NOUN
asfbr-295	174	10	about	about	ADP
asfbr-295	174	11	the	the	DET
asfbr-295	174	12	testing	testing	NOUN
asfbr-295	174	13	this	this	DET
asfbr-295	174	14	hypothesis	hypothesis	NOUN
asfbr-295	174	15	whether	whether	SCONJ
asfbr-295	174	16	the	the	DET
asfbr-295	174	17	continuous	continuous	ADJ
asfbr-295	174	18	increase	increase	NOUN
asfbr-295	174	19	in	in	ADP
asfbr-295	174	20	the	the	DET
asfbr-295	174	21	parity	parity	NOUN
asfbr-295	174	22	rate	rate	NOUN
asfbr-295	174	23	of	of	ADP
asfbr-295	174	24	dollar	dollar	NOUN
asfbr-295	174	25	with	with	ADP
asfbr-295	174	26	rial	rial	NOUN
asfbr-295	174	27	in	in	ADP
asfbr-295	174	28	the	the	DET
asfbr-295	174	29	parallel	parallel	ADJ
asfbr-295	174	30	market	market	NOUN
asfbr-295	174	31	is	be	AUX
asfbr-295	174	32	because	because	SCONJ
asfbr-295	174	33	of	of	ADP
asfbr-295	174	34	the	the	DET
asfbr-295	174	35	increase	increase	NOUN
asfbr-295	174	36	of	of	ADP
asfbr-295	174	37	liquidity	liquidity	NOUN
asfbr-295	174	38	,	,	PUNCT
asfbr-295	174	39	various	various	ADJ
asfbr-295	174	40	calculations	calculation	NOUN
asfbr-295	174	41	have	have	AUX
asfbr-295	174	42	been	be	AUX
asfbr-295	174	43	carried	carry	VERB
asfbr-295	174	44	out6	out6	PROPN
asfbr-295	174	45	.	.	PUNCT
asfbr-295	175	1	this	this	DET
asfbr-295	175	2	calculation	calculation	NOUN
asfbr-295	175	3	shows	show	VERB
asfbr-295	175	4	that	that	SCONJ
asfbr-295	175	5	by	by	ADP
asfbr-295	175	6	an	an	DET
asfbr-295	175	7	increase	increase	NOUN
asfbr-295	175	8	of	of	ADP
asfbr-295	175	9	one	one	NUM
asfbr-295	175	10	trillion	trillion	NUM
asfbr-295	175	11	rial	rial	NOUN
asfbr-295	175	12	of	of	ADP
asfbr-295	175	13	liquidity	liquidity	NOUN
asfbr-295	175	14	,	,	PUNCT
asfbr-295	175	15	the	the	DET
asfbr-295	175	16	exchange	exchange	NOUN
asfbr-295	175	17	rate	rate	NOUN
asfbr-295	175	18	in	in	ADP
asfbr-295	175	19	the	the	DET
asfbr-295	175	20	parallel	parallel	ADJ
asfbr-295	175	21	market	market	NOUN
asfbr-295	175	22	increases	increase	VERB
asfbr-295	175	23	37.5	37.5	NUM
asfbr-295	175	24	rials	rial	NOUN
asfbr-295	175	25	.	.	PUNCT
asfbr-295	176	1	the	the	DET
asfbr-295	176	2	results	result	NOUN
asfbr-295	176	3	of	of	ADP
asfbr-295	176	4	the	the	DET
asfbr-295	176	5	regression	regression	NOUN
asfbr-295	176	6	of	of	ADP
asfbr-295	176	7	this	this	DET
asfbr-295	176	8	calculation	calculation	NOUN
asfbr-295	176	9	describe	describe	VERB
asfbr-295	176	10	96	96	NUM
asfbr-295	176	11	percent	percent	NOUN
asfbr-295	176	12	of	of	ADP
asfbr-295	176	13	the	the	DET
asfbr-295	176	14	variations	variation	NOUN
asfbr-295	176	15	.	.	PUNCT
asfbr-295	177	1	that	that	PRON
asfbr-295	177	2	is	be	AUX
asfbr-295	177	3	to	to	PART
asfbr-295	177	4	say	say	VERB
asfbr-295	177	5	,	,	PUNCT
asfbr-295	177	6	that	that	SCONJ
asfbr-295	177	7	96	96	NUM
asfbr-295	177	8	percent	percent	NOUN
asfbr-295	177	9	of	of	ADP
asfbr-295	177	10	the	the	DET
asfbr-295	177	11	changes	change	NOUN
asfbr-295	177	12	in	in	ADP
asfbr-295	177	13	the	the	DET
asfbr-295	177	14	foreign	foreign	ADJ
asfbr-295	177	15	exchange	exchange	NOUN
asfbr-295	177	16	rate	rate	NOUN
asfbr-295	177	17	in	in	ADP
asfbr-295	177	18	the	the	DET
asfbr-295	177	19	parallel	parallel	ADJ
asfbr-295	177	20	market	market	NOUN
asfbr-295	177	21	is	be	AUX
asfbr-295	177	22	due	due	ADJ
asfbr-295	177	23	to	to	ADP
asfbr-295	177	24	the	the	DET
asfbr-295	177	25	increase	increase	NOUN
asfbr-295	177	26	in	in	ADP
asfbr-295	177	27	liquidity	liquidity	NOUN
asfbr-295	177	28	.	.	PUNCT
asfbr-295	178	1	sometimes	sometimes	ADV
asfbr-295	178	2	,	,	PUNCT
asfbr-295	178	3	economic	economic	ADJ
asfbr-295	178	4	analysts	analyst	NOUN
asfbr-295	178	5	doubt	doubt	VERB
asfbr-295	178	6	that	that	SCONJ
asfbr-295	178	7	the	the	DET
asfbr-295	178	8	increase	increase	NOUN
asfbr-295	178	9	of	of	ADP
asfbr-295	178	10	foreign	foreign	ADJ
asfbr-295	178	11	exchange	exchange	NOUN
asfbr-295	178	12	rate	rate	NOUN
asfbr-295	178	13	is	be	AUX
asfbr-295	178	14	the	the	DET
asfbr-295	178	15	cause	cause	NOUN
asfbr-295	178	16	of	of	ADP
asfbr-295	178	17	the	the	DET
asfbr-295	178	18	increase	increase	NOUN
asfbr-295	178	19	in	in	ADP
asfbr-295	178	20	liquidity	liquidity	NOUN
asfbr-295	178	21	and	and	CCONJ
asfbr-295	178	22	prices	price	NOUN
asfbr-295	178	23	.	.	PUNCT
asfbr-295	179	1	in	in	ADP
asfbr-295	179	2	this	this	DET
asfbr-295	179	3	regard	regard	NOUN
asfbr-295	179	4	,	,	PUNCT
asfbr-295	179	5	they	they	PRON
asfbr-295	179	6	believe	believe	VERB
asfbr-295	179	7	that	that	SCONJ
asfbr-295	179	8	external	external	ADJ
asfbr-295	179	9	shocks	shock	NOUN
asfbr-295	179	10	in	in	ADP
asfbr-295	179	11	the	the	DET
asfbr-295	179	12	foreign	foreign	ADJ
asfbr-295	179	13	exchange	exchange	NOUN
asfbr-295	179	14	revenues	revenue	NOUN
asfbr-295	179	15	are	be	AUX
asfbr-295	179	16	practically	practically	ADV
asfbr-295	179	17	the	the	DET
asfbr-295	179	18	reason	reason	NOUN
asfbr-295	179	19	for	for	ADP
asfbr-295	179	20	this	this	DET
asfbr-295	179	21	increase	increase	NOUN
asfbr-295	179	22	,	,	PUNCT
asfbr-295	179	23	or	or	CCONJ
asfbr-295	179	24	the	the	DET
asfbr-295	179	25	devaluation	devaluation	NOUN
asfbr-295	179	26	policy	policy	NOUN
asfbr-295	179	27	of	of	ADP
asfbr-295	179	28	the	the	DET
asfbr-295	179	29	government	government	NOUN
asfbr-295	179	30	has	have	AUX
asfbr-295	179	31	increased	increase	VERB
asfbr-295	179	32	liquidity	liquidity	NOUN
asfbr-295	179	33	and	and	CCONJ
asfbr-295	179	34	prices	price	NOUN
asfbr-295	179	35	.	.	PUNCT
asfbr-295	180	1	in	in	ADP
asfbr-295	180	2	order	order	NOUN
asfbr-295	180	3	to	to	PART
asfbr-295	180	4	check	check	VERB
asfbr-295	180	5	the	the	DET
asfbr-295	180	6	direction	direction	NOUN
asfbr-295	180	7	of	of	ADP
asfbr-295	180	8	causality	causality	NOUN
asfbr-295	180	9	,	,	PUNCT
asfbr-295	180	10	we	we	PRON
asfbr-295	180	11	conduct	conduct	VERB
asfbr-295	180	12	the	the	DET
asfbr-295	180	13	following	follow	VERB
asfbr-295	180	14	test	test	NOUN
asfbr-295	180	15	.	.	PUNCT
asfbr-295	181	1	the	the	DET
asfbr-295	181	2	aim	aim	NOUN
asfbr-295	181	3	of	of	ADP
asfbr-295	181	4	this	this	DET
asfbr-295	181	5	test	test	NOUN
asfbr-295	181	6	is	be	AUX
asfbr-295	181	7	first	first	ADJ
asfbr-295	181	8	to	to	PART
asfbr-295	181	9	find	find	VERB
asfbr-295	181	10	out	out	ADP
asfbr-295	181	11	whether	whether	SCONJ
asfbr-295	181	12	the	the	DET
asfbr-295	181	13	increase	increase	NOUN
asfbr-295	181	14	in	in	ADP
asfbr-295	181	15	the	the	DET
asfbr-295	181	16	foreign	foreign	ADJ
asfbr-295	181	17	exchange	exchange	NOUN
asfbr-295	181	18	rate	rate	NOUN
asfbr-295	181	19	has	have	AUX
asfbr-295	181	20	caused	cause	VERB
asfbr-295	181	21	an	an	DET
asfbr-295	181	22	increase	increase	NOUN
asfbr-295	181	23	in	in	ADP
asfbr-295	181	24	liquidity	liquidity	NOUN
asfbr-295	181	25	?	?	PUNCT
asfbr-295	182	1	secondly	secondly	ADV
asfbr-295	182	2	,	,	PUNCT
asfbr-295	182	3	is	be	AUX
asfbr-295	182	4	it	it	PRON
asfbr-295	182	5	true	true	ADJ
asfbr-295	182	6	that	that	SCONJ
asfbr-295	182	7	the	the	DET
asfbr-295	182	8	increase	increase	NOUN
asfbr-295	182	9	in	in	ADP
asfbr-295	182	10	the	the	DET
asfbr-295	182	11	foreign	foreign	ADJ
asfbr-295	182	12	exchange	exchange	NOUN
asfbr-295	182	13	rate	rate	NOUN
asfbr-295	182	14	has	have	AUX
asfbr-295	182	15	caused	cause	VERB
asfbr-295	182	16	prices	price	NOUN
asfbr-295	182	17	to	to	PART
asfbr-295	182	18	increase	increase	VERB
asfbr-295	182	19	?	?	PUNCT
asfbr-295	183	1	in	in	ADP
asfbr-295	183	2	other	other	ADJ
asfbr-295	183	3	words	word	NOUN
asfbr-295	183	4	,	,	PUNCT
asfbr-295	183	5	which	which	DET
asfbr-295	183	6	one	one	NUM
asfbr-295	183	7	is	be	AUX
asfbr-295	183	8	the	the	DET
asfbr-295	183	9	cause	cause	NOUN
asfbr-295	183	10	and	and	CCONJ
asfbr-295	183	11	which	which	DET
asfbr-295	183	12	one	one	NOUN
asfbr-295	183	13	is	be	AUX
asfbr-295	183	14	the	the	DET
asfbr-295	183	15	effect	effect	NOUN
asfbr-295	183	16	?	?	PUNCT
asfbr-295	184	1	to	to	PART
asfbr-295	184	2	do	do	VERB
asfbr-295	184	3	this	this	PRON
asfbr-295	184	4	,	,	PUNCT
asfbr-295	184	5	granger	granger	NOUN
asfbr-295	184	6	-	-	PUNCT
asfbr-295	184	7	sims	sim	NOUN
asfbr-295	184	8	causality	causality	NOUN
asfbr-295	184	9	test	test	NOUN
asfbr-295	184	10	has	have	AUX
asfbr-295	184	11	been	be	AUX
asfbr-295	184	12	carried	carry	VERB
asfbr-295	184	13	out	out	ADP
asfbr-295	184	14	on	on	ADP
asfbr-295	184	15	monthly	monthly	ADJ
asfbr-295	184	16	data	datum	NOUN
asfbr-295	184	17	.	.	PUNCT
asfbr-295	185	1	first	first	ADV
asfbr-295	185	2	,	,	PUNCT
asfbr-295	185	3	we	we	PRON
asfbr-295	185	4	test	test	VERB
asfbr-295	185	5	the	the	DET
asfbr-295	185	6	causality	causality	NOUN
asfbr-295	185	7	of	of	ADP
asfbr-295	185	8	liquidity	liquidity	NOUN
asfbr-295	185	9	and	and	CCONJ
asfbr-295	185	10	the	the	DET
asfbr-295	185	11	rate	rate	NOUN
asfbr-295	185	12	of	of	ADP
asfbr-295	185	13	foreign	foreign	ADJ
asfbr-295	185	14	exchange	exchange	NOUN
asfbr-295	185	15	in	in	ADP
asfbr-295	185	16	the	the	DET
asfbr-295	185	17	parallel	parallel	ADJ
asfbr-295	185	18	market	market	NOUN
asfbr-295	185	19	.	.	PUNCT
asfbr-295	186	1	then	then	ADV
asfbr-295	186	2	we	we	PRON
asfbr-295	186	3	test	test	VERB
asfbr-295	186	4	the	the	DET
asfbr-295	186	5	causality	causality	NOUN
asfbr-295	186	6	of	of	ADP
asfbr-295	186	7	liquidity	liquidity	NOUN
asfbr-295	186	8	and	and	CCONJ
asfbr-295	186	9	price	price	NOUN
asfbr-295	186	10	level	level	NOUN
asfbr-295	186	11	.	.	PUNCT
asfbr-295	187	1	this	this	PRON
asfbr-295	187	2	shows	show	VERB
asfbr-295	187	3	that	that	SCONJ
asfbr-295	187	4	price	price	NOUN
asfbr-295	187	5	level	level	NOUN
asfbr-295	187	6	is	be	AUX
asfbr-295	187	7	not	not	PART
asfbr-295	187	8	the	the	DET
asfbr-295	187	9	main	main	ADJ
asfbr-295	187	10	reason	reason	NOUN
asfbr-295	187	11	for	for	ADP
asfbr-295	187	12	the	the	DET
asfbr-295	187	13	increase	increase	NOUN
asfbr-295	187	14	of	of	ADP
asfbr-295	187	15	liquidity	liquidity	NOUN
asfbr-295	187	16	,	,	PUNCT
asfbr-295	187	17	while	while	SCONJ
asfbr-295	187	18	,	,	PUNCT
asfbr-295	187	19	the	the	DET
asfbr-295	187	20	increase	increase	NOUN
asfbr-295	187	21	of	of	ADP
asfbr-295	187	22	liquidity	liquidity	NOUN
asfbr-295	187	23	is	be	AUX
asfbr-295	187	24	the	the	DET
asfbr-295	187	25	main	main	ADJ
asfbr-295	187	26	source	source	NOUN
asfbr-295	187	27	of	of	ADP
asfbr-295	187	28	the	the	DET
asfbr-295	187	29	general	general	ADJ
asfbr-295	187	30	price	price	NOUN
asfbr-295	187	31	increase	increase	NOUN
asfbr-295	187	32	.	.	PUNCT
asfbr-295	188	1	in	in	ADP
asfbr-295	188	2	short	short	ADJ
asfbr-295	188	3	,	,	PUNCT
asfbr-295	188	4	from	from	ADP
asfbr-295	188	5	the	the	DET
asfbr-295	188	6	above	above	ADJ
asfbr-295	188	7	discussions	discussion	NOUN
asfbr-295	188	8	,	,	PUNCT
asfbr-295	188	9	we	we	PRON
asfbr-295	188	10	conclude	conclude	VERB
asfbr-295	188	11	that	that	SCONJ
asfbr-295	188	12	the	the	DET
asfbr-295	188	13	increase	increase	NOUN
asfbr-295	188	14	of	of	ADP
asfbr-295	188	15	liquidity	liquidity	NOUN
asfbr-295	188	16	not	not	PART
asfbr-295	188	17	only	only	ADV
asfbr-295	188	18	increases	increase	VERB
asfbr-295	188	19	the	the	DET
asfbr-295	188	20	price	price	NOUN
asfbr-295	188	21	level	level	NOUN
asfbr-295	188	22	in	in	ADP
asfbr-295	188	23	iran	iran	PROPN
asfbr-295	188	24	but	but	CCONJ
asfbr-295	188	25	also	also	ADV
asfbr-295	188	26	has	have	AUX
asfbr-295	188	27	caused	cause	VERB
asfbr-295	188	28	an	an	DET
asfbr-295	188	29	increase	increase	NOUN
asfbr-295	188	30	in	in	ADP
asfbr-295	188	31	the	the	DET
asfbr-295	188	32	foreign	foreign	ADJ
asfbr-295	188	33	exchange	exchange	NOUN
asfbr-295	188	34	rate	rate	NOUN
asfbr-295	188	35	.	.	PUNCT
asfbr-295	189	1	in	in	ADP
asfbr-295	189	2	other	other	ADJ
asfbr-295	189	3	words	word	NOUN
asfbr-295	189	4	,	,	PUNCT
asfbr-295	189	5	the	the	DET
asfbr-295	189	6	increase	increase	NOUN
asfbr-295	189	7	of	of	ADP
asfbr-295	189	8	liquidity	liquidity	NOUN
asfbr-295	189	9	in	in	ADP
asfbr-295	189	10	the	the	DET
asfbr-295	189	11	country	country	NOUN
asfbr-295	189	12	is	be	AUX
asfbr-295	189	13	the	the	DET
asfbr-295	189	14	cause	cause	NOUN
asfbr-295	189	15	of	of	ADP
asfbr-295	189	16	decreasing	decrease	VERB
asfbr-295	189	17	the	the	DET
asfbr-295	189	18	purchasing	purchase	VERB
asfbr-295	189	19	power	power	NOUN
asfbr-295	189	20	of	of	ADP
asfbr-295	189	21	the	the	DET
asfbr-295	189	22	national	national	ADJ
asfbr-295	189	23	currency	currency	NOUN
asfbr-295	189	24	,	,	PUNCT
asfbr-295	189	25	and	and	CCONJ
asfbr-295	189	26	the	the	DET
asfbr-295	189	27	decrease	decrease	NOUN
asfbr-295	189	28	of	of	ADP
asfbr-295	189	29	parity	parity	NOUN
asfbr-295	189	30	rate	rate	NOUN
asfbr-295	189	31	of	of	ADP
asfbr-295	189	32	rial	rial	NOUN
asfbr-295	189	33	against	against	ADP
asfbr-295	189	34	foreign	foreign	ADJ
asfbr-295	189	35	exchanges	exchange	NOUN
asfbr-295	189	36	.	.	PUNCT
asfbr-295	190	1	therefore	therefore	ADV
asfbr-295	190	2	,	,	PUNCT
asfbr-295	190	3	the	the	DET
asfbr-295	190	4	only	only	ADJ
asfbr-295	190	5	way	way	NOUN
asfbr-295	190	6	for	for	ADP
asfbr-295	190	7	stabilizing	stabilize	VERB
asfbr-295	190	8	exchange	exchange	NOUN
asfbr-295	190	9	rate	rate	NOUN
asfbr-295	190	10	is	be	AUX
asfbr-295	190	11	the	the	DET
asfbr-295	190	12	controlling	controlling	NOUN
asfbr-295	190	13	of	of	ADP
asfbr-295	190	14	liquidity	liquidity	NOUN
asfbr-295	190	15	.	.	PUNCT
asfbr-295	191	1	otherwise	otherwise	ADV
asfbr-295	191	2	,	,	PUNCT
asfbr-295	191	3	other	other	ADJ
asfbr-295	191	4	temporary	temporary	ADJ
asfbr-295	191	5	policies	policy	NOUN
asfbr-295	191	6	such	such	ADJ
asfbr-295	191	7	as	as	ADP
asfbr-295	191	8	those	those	PRON
asfbr-295	191	9	conducted	conduct	VERB
asfbr-295	191	10	in	in	ADP
asfbr-295	191	11	the	the	DET
asfbr-295	191	12	previous	previous	ADJ
asfbr-295	191	13	two	two	NUM
asfbr-295	191	14	decades	decade	NOUN
asfbr-295	191	15	,	,	PUNCT
asfbr-295	191	16	are	be	AUX
asfbr-295	191	17	not	not	PART
asfbr-295	191	18	considered	consider	VERB
asfbr-295	191	19	proper	proper	ADJ
asfbr-295	191	20	policies	policy	NOUN
asfbr-295	191	21	,	,	PUNCT
asfbr-295	191	22	because	because	SCONJ
asfbr-295	191	23	although	although	SCONJ
asfbr-295	191	24	those	those	DET
asfbr-295	191	25	policies	policy	NOUN
asfbr-295	191	26	could	could	AUX
asfbr-295	191	27	have	have	VERB
asfbr-295	191	28	positive	positive	ADJ
asfbr-295	191	29	effects	effect	NOUN
asfbr-295	191	30	on	on	ADP
asfbr-295	191	31	the	the	DET
asfbr-295	191	32	market	market	NOUN
asfbr-295	191	33	,	,	PUNCT
asfbr-295	191	34	in	in	ADP
asfbr-295	191	35	the	the	DET
asfbr-295	191	36	long	long	ADJ
asfbr-295	191	37	run	run	NOUN
asfbr-295	191	38	,	,	PUNCT
asfbr-295	191	39	will	will	AUX
asfbr-295	191	40	ruin	ruin	VERB
asfbr-295	191	41	the	the	DET
asfbr-295	191	42	infrastructure	infrastructure	NOUN
asfbr-295	191	43	for	for	ADP
asfbr-295	191	44	investment7	investment7	NOUN
asfbr-295	191	45	.	.	PUNCT
asfbr-295	192	1	therefore	therefore	ADV
asfbr-295	192	2	,	,	PUNCT
asfbr-295	192	3	considering	consider	VERB
asfbr-295	192	4	the	the	DET
asfbr-295	192	5	above	above	ADJ
asfbr-295	192	6	discussions	discussion	NOUN
asfbr-295	192	7	,	,	PUNCT
asfbr-295	192	8	the	the	DET
asfbr-295	192	9	foreign	foreign	ADJ
asfbr-295	192	10	exchange	exchange	NOUN
asfbr-295	192	11	market	market	NOUN
asfbr-295	192	12	should	should	AUX
asfbr-295	192	13	be	be	AUX
asfbr-295	192	14	controlled	control	VERB
asfbr-295	192	15	through	through	ADP
asfbr-295	192	16	mixed	mixed	ADJ
asfbr-295	192	17	exchange	exchange	NOUN
asfbr-295	192	18	and	and	CCONJ
asfbr-295	192	19	monetary	monetary	ADJ
asfbr-295	192	20	policies	policy	NOUN
asfbr-295	192	21	.	.	PUNCT
asfbr-295	193	1	5	5	X
asfbr-295	193	2	.	.	NOUN
asfbr-295	193	3	time	time	NOUN
asfbr-295	193	4	series	series	PROPN
asfbr-295	193	5	analysis	analysis	NOUN
asfbr-295	193	6	in	in	ADP
asfbr-295	193	7	this	this	DET
asfbr-295	193	8	section	section	NOUN
asfbr-295	193	9	,	,	PUNCT
asfbr-295	193	10	we	we	PRON
asfbr-295	193	11	test	test	VERB
asfbr-295	193	12	the	the	DET
asfbr-295	193	13	time	time	NOUN
asfbr-295	193	14	series	series	NOUN
asfbr-295	193	15	for	for	ADP
asfbr-295	193	16	stationarity	stationarity	NOUN
asfbr-295	193	17	,	,	PUNCT
asfbr-295	193	18	to	to	PART
asfbr-295	193	19	be	be	AUX
asfbr-295	193	20	used	use	VERB
asfbr-295	193	21	in	in	ADP
asfbr-295	193	22	the	the	DET
asfbr-295	193	23	next	next	ADJ
asfbr-295	193	24	sections	section	NOUN
asfbr-295	193	25	.	.	PUNCT
asfbr-295	194	1	the	the	DET
asfbr-295	194	2	following	follow	VERB
asfbr-295	194	3	variables	variable	NOUN
asfbr-295	194	4	have	have	AUX
asfbr-295	194	5	been	be	AUX
asfbr-295	194	6	tested	test	VERB
asfbr-295	194	7	for	for	ADP
asfbr-295	194	8	unit	unit	NOUN
asfbr-295	194	9	root	root	NOUN
asfbr-295	194	10	.	.	PUNCT
asfbr-295	195	1	all	all	DET
asfbr-295	195	2	data	datum	NOUN
asfbr-295	195	3	are	be	AUX
asfbr-295	195	4	monthly	monthly	ADJ
asfbr-295	195	5	series	series	NOUN
asfbr-295	195	6	.	.	PUNCT
asfbr-295	196	1	several	several	ADJ
asfbr-295	196	2	tests	test	NOUN
asfbr-295	196	3	such	such	ADJ
asfbr-295	196	4	as	as	ADP
asfbr-295	196	5	df8	df8	PROPN
asfbr-295	196	6	and	and	CCONJ
asfbr-295	196	7	adf9	adf9	PROPN
asfbr-295	196	8	have	have	AUX
asfbr-295	196	9	been	be	AUX
asfbr-295	196	10	used	use	VERB
asfbr-295	196	11	,	,	PUNCT
asfbr-295	196	12	and	and	CCONJ
asfbr-295	196	13	by	by	ADP
asfbr-295	196	14	using	use	VERB
asfbr-295	196	15	correlogram	correlogram	NOUN
asfbr-295	196	16	,	,	PUNCT
asfbr-295	196	17	auto	auto	NOUN
asfbr-295	196	18	-	-	PUNCT
asfbr-295	196	19	correlation	correlation	NOUN
asfbr-295	196	20	,	,	PUNCT
asfbr-295	196	21	and	and	CCONJ
asfbr-295	196	22	partial	partial	ADJ
asfbr-295	196	23	correlation	correlation	NOUN
asfbr-295	196	24	,	,	PUNCT
asfbr-295	196	25	the	the	DET
asfbr-295	196	26	necessary	necessary	ADJ
asfbr-295	196	27	differences	difference	NOUN
asfbr-295	196	28	were	be	AUX
asfbr-295	196	29	extracted	extract	VERB
asfbr-295	196	30	to	to	PART
asfbr-295	196	31	make	make	VERB
asfbr-295	196	32	the	the	DET
asfbr-295	196	33	series	series	NOUN
asfbr-295	196	34	stationary	stationary	NOUN
asfbr-295	196	35	.	.	PUNCT
asfbr-295	197	1	tests	test	NOUN
asfbr-295	197	2	have	have	AUX
asfbr-295	197	3	been	be	AUX
asfbr-295	197	4	carried	carry	VERB
asfbr-295	197	5	out	out	ADP
asfbr-295	197	6	on	on	ADP
asfbr-295	197	7	the	the	DET
asfbr-295	197	8	followings	following	NOUN
asfbr-295	197	9	variables	variable	NOUN
asfbr-295	197	10	:	:	PUNCT
asfbr-295	197	11			PUNCT
asfbr-295	197	12	foreign	foreign	ADJ
asfbr-295	197	13	exchange	exchange	NOUN
asfbr-295	197	14	rate	rate	NOUN
asfbr-295	197	15			NOUN
asfbr-295	197	16	consumer	consumer	NOUN
asfbr-295	197	17	price	price	NOUN
asfbr-295	197	18	index	index	NOUN
asfbr-295	197	19	5	5	NUM
asfbr-295	197	20	komijani	komijani	X
asfbr-295	197	21	and	and	CCONJ
asfbr-295	197	22	bidabad	bidabad	ADJ
asfbr-295	197	23	,	,	PUNCT
asfbr-295	197	24	1992	1992	NUM
asfbr-295	197	25	,	,	PUNCT
asfbr-295	197	26	and	and	CCONJ
asfbr-295	197	27	bidabad	bidabad	ADJ
asfbr-295	197	28	,	,	PUNCT
asfbr-295	197	29	1994	1994	NUM
asfbr-295	197	30	.	.	PUNCT
asfbr-295	198	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	198	2	6	6	NUM
asfbr-295	198	3	bidabad	bidabad	NOUN
asfbr-295	198	4	,	,	PUNCT
asfbr-295	198	5	1994	1994	NUM
asfbr-295	198	6	.	.	PUNCT
asfbr-295	199	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	199	2	7	7	NUM
asfbr-295	199	3	economic	economic	ADJ
asfbr-295	199	4	security	security	NOUN
asfbr-295	199	5	and	and	CCONJ
asfbr-295	199	6	obstacles	obstacle	NOUN
asfbr-295	199	7	facing	face	VERB
asfbr-295	199	8	investment	investment	NOUN
asfbr-295	199	9	(	(	PUNCT
asfbr-295	199	10	bidabad	bidabad	ADJ
asfbr-295	199	11	,	,	PUNCT
asfbr-295	199	12	1995	1995	NUM
asfbr-295	199	13	)	)	PUNCT
asfbr-295	199	14	.	.	PUNCT
asfbr-295	200	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	200	2	8	8	NUM
asfbr-295	200	3	dickey	dickey	NOUN
asfbr-295	200	4	-	-	PUNCT
asfbr-295	200	5	fuller	fuller	NOUN
asfbr-295	200	6	.	.	PUNCT
asfbr-295	201	1	9	9	NUM
asfbr-295	201	2	augmented	augment	VERB
asfbr-295	201	3	dickey	dickey	NOUN
asfbr-295	201	4	-	-	PUNCT
asfbr-295	201	5	fuller	fuller	NOUN
asfbr-295	201	6	.	.	PUNCT
asfbr-295	202	1	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	202	2	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	202	3	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	203	1	copyright	copyright	PROPN
asfbr-295	203	2	©	©	PROPN
asfbr-295	203	3	cc	cc	PROPN
asfbr-295	203	4	-	-	PUNCT
asfbr-295	203	5	by	by	ADP
asfbr-295	203	6	-	-	PUNCT
asfbr-295	203	7	nc	nc	PROPN
asfbr-295	203	8	2019	2019	NUM
asfbr-295	203	9	,	,	PUNCT
asfbr-295	203	10	cribfb	cribfb	PROPN
asfbr-295	203	11	|	|	ADV
asfbr-295	203	12	afbr	afbr	ADV
asfbr-295	203	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	203	14	asian	asian	ADJ
asfbr-295	203	15	finance	finance	PROPN
asfbr-295	203	16	&	&	CCONJ
asfbr-295	203	17	banking	banking	PROPN
asfbr-295	203	18	review	review	PROPN
asfbr-295	203	19	vol	vol	NOUN
asfbr-295	203	20	.	.	PROPN
asfbr-295	204	1	3	3	NUM
asfbr-295	204	2	,	,	PUNCT
asfbr-295	204	3	no	no	INTJ
asfbr-295	204	4	.	.	NOUN
asfbr-295	204	5	1	1	NUM
asfbr-295	204	6	;	;	PUNCT
asfbr-295	204	7	2019	2019	NUM
asfbr-295	204	8	51	51	NUM
asfbr-295	204	9			NOUN
asfbr-295	204	10	liquidity	liquidity	NOUN
asfbr-295	204	11	(	(	PUNCT
asfbr-295	204	12	the	the	DET
asfbr-295	204	13	broad	broad	ADJ
asfbr-295	204	14	definition	definition	NOUN
asfbr-295	204	15	of	of	ADP
asfbr-295	204	16	money	money	NOUN
asfbr-295	204	17	m2	m2	PROPN
asfbr-295	204	18	)	)	PUNCT
asfbr-295	204	19	according	accord	VERB
asfbr-295	204	20	to	to	ADP
asfbr-295	204	21	the	the	DET
asfbr-295	204	22	studies	study	NOUN
asfbr-295	204	23	,	,	PUNCT
asfbr-295	204	24	the	the	DET
asfbr-295	204	25	following	follow	VERB
asfbr-295	204	26	table	table	NOUN
asfbr-295	204	27	has	have	AUX
asfbr-295	204	28	been	be	AUX
asfbr-295	204	29	prepared	prepare	VERB
asfbr-295	204	30	which	which	PRON
asfbr-295	204	31	shows	show	VERB
asfbr-295	204	32	the	the	DET
asfbr-295	204	33	changes	change	NOUN
asfbr-295	204	34	for	for	ADP
asfbr-295	204	35	making	make	VERB
asfbr-295	204	36	the	the	DET
asfbr-295	204	37	stationery	stationery	NOUN
asfbr-295	204	38	of	of	ADP
asfbr-295	204	39	the	the	DET
asfbr-295	204	40	variables	variable	NOUN
asfbr-295	204	41	variable	variable	ADJ
asfbr-295	204	42	changes	change	NOUN
asfbr-295	204	43	made	make	VERB
asfbr-295	204	44	to	to	PART
asfbr-295	204	45	make	make	VERB
asfbr-295	204	46	the	the	DET
asfbr-295	204	47	series	series	PROPN
asfbr-295	204	48	stationary	stationary	PROPN
asfbr-295	204	49	exchange	exchange	NOUN
asfbr-295	204	50	rate	rate	NOUN
asfbr-295	204	51	[	[	X
asfbr-295	204	52	d(dollar	d(dollar	ADJ
asfbr-295	204	53	)	)	PUNCT
asfbr-295	204	54	]	]	PUNCT
asfbr-295	205	1	first	first	ADJ
asfbr-295	205	2	order	order	NOUN
asfbr-295	205	3	difference	difference	NOUN
asfbr-295	205	4	consumer	consumer	NOUN
asfbr-295	205	5	price	price	NOUN
asfbr-295	205	6	index	index	NOUN
asfbr-295	205	7	[	[	X
asfbr-295	205	8	d(cpi	d(cpi	NOUN
asfbr-295	205	9	)	)	PUNCT
asfbr-295	205	10	]	]	PUNCT
asfbr-295	205	11	first	first	ADJ
asfbr-295	205	12	order	order	NOUN
asfbr-295	205	13	difference	difference	NOUN
asfbr-295	205	14	liquidity	liquidity	NOUN
asfbr-295	205	15	dlogm2112	dlogm2112	PROPN
asfbr-295	205	16	=	=	SYM
asfbr-295	205	17	d(log(m2),1,12	d(log(m2),1,12	PROPN
asfbr-295	205	18	)	)	PUNCT
asfbr-295	205	19	first	first	ADJ
asfbr-295	205	20	order	order	NOUN
asfbr-295	205	21	difference	difference	NOUN
asfbr-295	205	22	and	and	CCONJ
asfbr-295	205	23	12	12	NUM
asfbr-295	205	24	months	month	NOUN
asfbr-295	205	25	difference	difference	NOUN
asfbr-295	205	26	on	on	ADP
asfbr-295	205	27	logarithm	logarithm	NOUN
asfbr-295	205	28	after	after	ADP
asfbr-295	205	29	doing	do	VERB
asfbr-295	205	30	changes	change	NOUN
asfbr-295	205	31	to	to	PART
asfbr-295	205	32	make	make	VERB
asfbr-295	205	33	the	the	DET
asfbr-295	205	34	series	series	NOUN
asfbr-295	205	35	stationary	stationary	NOUN
asfbr-295	205	36	,	,	PUNCT
asfbr-295	205	37	we	we	PRON
asfbr-295	205	38	concluded	conclude	VERB
asfbr-295	205	39	that	that	SCONJ
asfbr-295	205	40	:	:	PUNCT
asfbr-295	205	41			X
asfbr-295	205	42	the	the	DET
asfbr-295	205	43	logarithm	logarithm	NOUN
asfbr-295	205	44	of	of	ADP
asfbr-295	205	45	most	most	ADJ
asfbr-295	205	46	of	of	ADP
asfbr-295	205	47	the	the	DET
asfbr-295	205	48	series	series	NOUN
asfbr-295	205	49	increases	increase	VERB
asfbr-295	205	50	stationarity	stationarity	NOUN
asfbr-295	205	51			VERB
asfbr-295	205	52	some	some	DET
asfbr-295	205	53	monetary	monetary	ADJ
asfbr-295	205	54	series	series	NOUN
asfbr-295	205	55	and	and	CCONJ
asfbr-295	205	56	prices	price	NOUN
asfbr-295	205	57	needed	need	VERB
asfbr-295	205	58	12	12	NUM
asfbr-295	205	59	months	month	NOUN
asfbr-295	205	60	difference	difference	NOUN
asfbr-295	205	61			X
asfbr-295	205	62	therefore	therefore	ADV
asfbr-295	205	63	,	,	PUNCT
asfbr-295	205	64	the	the	DET
asfbr-295	205	65	following	follow	VERB
asfbr-295	205	66	variables	variable	NOUN
asfbr-295	205	67	can	can	AUX
asfbr-295	205	68	be	be	AUX
asfbr-295	205	69	regarded	regard	VERB
asfbr-295	205	70	as	as	ADP
asfbr-295	205	71	i(1	i(1	PROPN
asfbr-295	205	72	)	)	PUNCT
asfbr-295	205	73	variables	variable	NOUN
asfbr-295	205	74			X
asfbr-295	205	75	d(log(dollar	d(log(dollar	ADJ
asfbr-295	205	76	)	)	PUNCT
asfbr-295	205	77	,	,	PUNCT
asfbr-295	205	78	,	,	PUNCT
asfbr-295	205	79	12	12	NUM
asfbr-295	205	80	)	)	PUNCT
asfbr-295	205	81			PRON
asfbr-295	206	1	d(log(cpi	d(log(cpi	NOUN
asfbr-295	206	2	)	)	PUNCT
asfbr-295	206	3	,	,	PUNCT
asfbr-295	206	4	,	,	PUNCT
asfbr-295	206	5	12	12	NUM
asfbr-295	206	6	)	)	PUNCT
asfbr-295	206	7			NOUN
asfbr-295	206	8	d(log(m2	d(log(m2	NOUN
asfbr-295	206	9	)	)	PUNCT
asfbr-295	206	10	,	,	PUNCT
asfbr-295	206	11	,	,	PUNCT
asfbr-295	206	12	12	12	NUM
asfbr-295	206	13	)	)	PUNCT
asfbr-295	206	14	6	6	NUM
asfbr-295	206	15	.	.	PUNCT
asfbr-295	207	1	causality	causality	NOUN
asfbr-295	207	2	between	between	ADP
asfbr-295	207	3	the	the	DET
asfbr-295	207	4	main	main	ADJ
asfbr-295	207	5	variables	variable	NOUN
asfbr-295	207	6	the	the	DET
asfbr-295	207	7	previous	previous	ADJ
asfbr-295	207	8	studies	study	NOUN
asfbr-295	207	9	and	and	CCONJ
asfbr-295	207	10	the	the	DET
asfbr-295	207	11	assumptions	assumption	NOUN
asfbr-295	207	12	of	of	ADP
asfbr-295	207	13	the	the	DET
asfbr-295	207	14	present	present	ADJ
asfbr-295	207	15	study	study	NOUN
asfbr-295	207	16	are	be	AUX
asfbr-295	207	17	based	base	VERB
asfbr-295	207	18	on	on	ADP
asfbr-295	207	19	the	the	DET
asfbr-295	207	20	tight	tight	ADJ
asfbr-295	207	21	relationship	relationship	NOUN
asfbr-295	207	22	between	between	ADP
asfbr-295	207	23	monetary	monetary	ADJ
asfbr-295	207	24	variables	variable	NOUN
asfbr-295	207	25	,	,	PUNCT
asfbr-295	207	26	foreign	foreign	ADJ
asfbr-295	207	27	exchange	exchange	NOUN
asfbr-295	207	28	rate	rate	NOUN
asfbr-295	207	29	,	,	PUNCT
asfbr-295	207	30	and	and	CCONJ
asfbr-295	207	31	prices	price	NOUN
asfbr-295	207	32	.	.	PUNCT
asfbr-295	208	1	in	in	ADP
asfbr-295	208	2	this	this	DET
asfbr-295	208	3	section	section	NOUN
asfbr-295	208	4	,	,	PUNCT
asfbr-295	208	5	we	we	PRON
asfbr-295	208	6	use	use	VERB
asfbr-295	208	7	causality	causality	NOUN
asfbr-295	208	8	tests	test	NOUN
asfbr-295	208	9	on	on	ADP
asfbr-295	208	10	these	these	DET
asfbr-295	208	11	variables	variable	NOUN
asfbr-295	208	12	.	.	PUNCT
asfbr-295	209	1	in	in	ADP
asfbr-295	209	2	other	other	ADJ
asfbr-295	209	3	words	word	NOUN
asfbr-295	209	4	,	,	PUNCT
asfbr-295	209	5	we	we	PRON
asfbr-295	209	6	want	want	VERB
asfbr-295	209	7	to	to	PART
asfbr-295	209	8	test	test	VERB
asfbr-295	209	9	the	the	DET
asfbr-295	209	10	direction	direction	NOUN
asfbr-295	209	11	of	of	ADP
asfbr-295	209	12	the	the	DET
asfbr-295	209	13	effect	effect	NOUN
asfbr-295	209	14	on	on	ADP
asfbr-295	209	15	the	the	DET
asfbr-295	209	16	foreign	foreign	ADJ
asfbr-295	209	17	exchange	exchange	NOUN
asfbr-295	209	18	rate	rate	NOUN
asfbr-295	209	19	by	by	ADP
asfbr-295	209	20	the	the	DET
asfbr-295	209	21	monetary	monetary	ADJ
asfbr-295	209	22	variable	variable	NOUN
asfbr-295	209	23	and	and	CCONJ
asfbr-295	209	24	general	general	ADJ
asfbr-295	209	25	price	price	NOUN
asfbr-295	209	26	level	level	NOUN
asfbr-295	209	27	.	.	PUNCT
asfbr-295	210	1	by	by	ADP
asfbr-295	210	2	the	the	DET
asfbr-295	210	3	previous	previous	ADJ
asfbr-295	210	4	section	section	NOUN
asfbr-295	210	5	,	,	PUNCT
asfbr-295	210	6	we	we	PRON
asfbr-295	210	7	found	find	VERB
asfbr-295	210	8	out	out	ADP
asfbr-295	210	9	the	the	DET
asfbr-295	210	10	different	different	ADJ
asfbr-295	210	11	orders	order	NOUN
asfbr-295	210	12	to	to	PART
asfbr-295	210	13	make	make	VERB
asfbr-295	210	14	the	the	DET
asfbr-295	210	15	necessary	necessary	ADJ
asfbr-295	210	16	time	time	NOUN
asfbr-295	210	17	series	series	PROPN
asfbr-295	210	18	stationary	stationary	PROPN
asfbr-295	210	19	.	.	PUNCT
asfbr-295	211	1	now	now	ADV
asfbr-295	211	2	we	we	PRON
asfbr-295	211	3	use	use	VERB
asfbr-295	211	4	these	these	DET
asfbr-295	211	5	results	result	NOUN
asfbr-295	211	6	.	.	PUNCT
asfbr-295	212	1	before	before	ADP
asfbr-295	212	2	evaluating	evaluate	VERB
asfbr-295	212	3	the	the	DET
asfbr-295	212	4	causality	causality	NOUN
asfbr-295	212	5	between	between	ADP
asfbr-295	212	6	the	the	DET
asfbr-295	212	7	variables	variable	NOUN
asfbr-295	212	8	,	,	PUNCT
asfbr-295	212	9	in	in	ADP
asfbr-295	212	10	order	order	NOUN
asfbr-295	212	11	to	to	PART
asfbr-295	212	12	find	find	VERB
asfbr-295	212	13	the	the	DET
asfbr-295	212	14	correct	correct	ADJ
asfbr-295	212	15	form	form	NOUN
asfbr-295	212	16	of	of	ADP
asfbr-295	212	17	granger	granger	PROPN
asfbr-295	212	18	relationship	relationship	PROPN
asfbr-295	212	19	,	,	PUNCT
asfbr-295	212	20	we	we	PRON
asfbr-295	212	21	have	have	VERB
asfbr-295	212	22	to	to	PART
asfbr-295	212	23	check	check	VERB
asfbr-295	212	24	for	for	ADP
asfbr-295	212	25	their	their	PRON
asfbr-295	212	26	co	co	NOUN
asfbr-295	212	27	-	-	NOUN
asfbr-295	212	28	integration	integration	NOUN
asfbr-295	212	29	.	.	PUNCT
asfbr-295	213	1	if	if	SCONJ
asfbr-295	213	2	the	the	DET
asfbr-295	213	3	residual	residual	ADJ
asfbr-295	213	4	of	of	ADP
asfbr-295	213	5	long	long	ADJ
asfbr-295	213	6	term	term	NOUN
asfbr-295	213	7	regression	regression	NOUN
asfbr-295	213	8	of	of	ADP
asfbr-295	213	9	the	the	DET
asfbr-295	213	10	two	two	NUM
asfbr-295	213	11	variables	variable	NOUN
asfbr-295	213	12	are	be	AUX
asfbr-295	213	13	stationary	stationary	ADJ
asfbr-295	213	14	,	,	PUNCT
asfbr-295	213	15	or	or	CCONJ
asfbr-295	213	16	in	in	ADP
asfbr-295	213	17	other	other	ADJ
asfbr-295	213	18	words	word	NOUN
asfbr-295	213	19	,	,	PUNCT
asfbr-295	213	20	they	they	PRON
asfbr-295	213	21	have	have	VERB
asfbr-295	213	22	not	not	PART
asfbr-295	213	23	a	a	DET
asfbr-295	213	24	unit	unit	NOUN
asfbr-295	213	25	root	root	NOUN
asfbr-295	213	26	,	,	PUNCT
asfbr-295	213	27	the	the	DET
asfbr-295	213	28	two	two	NUM
asfbr-295	213	29	variables	variable	NOUN
asfbr-295	213	30	are	be	AUX
asfbr-295	213	31	co	co	ADJ
asfbr-295	213	32	-	-	VERB
asfbr-295	213	33	integrated	integrated	ADJ
asfbr-295	213	34	.	.	PUNCT
asfbr-295	214	1	if	if	SCONJ
asfbr-295	214	2	so	so	ADV
asfbr-295	214	3	,	,	PUNCT
asfbr-295	214	4	their	their	PRON
asfbr-295	214	5	simple	simple	ADJ
asfbr-295	214	6	difference	difference	NOUN
asfbr-295	214	7	will	will	AUX
asfbr-295	214	8	not	not	PART
asfbr-295	214	9	be	be	AUX
asfbr-295	214	10	enough	enough	ADJ
asfbr-295	214	11	for	for	ADP
asfbr-295	214	12	regression	regression	NOUN
asfbr-295	214	13	,	,	PUNCT
asfbr-295	214	14	and	and	CCONJ
asfbr-295	214	15	therefore	therefore	ADV
asfbr-295	214	16	,	,	PUNCT
asfbr-295	214	17	the	the	DET
asfbr-295	214	18	model	model	NOUN
asfbr-295	214	19	should	should	AUX
asfbr-295	214	20	be	be	AUX
asfbr-295	214	21	used	use	VERB
asfbr-295	214	22	as	as	ADP
asfbr-295	214	23	ecm10	ecm10	NOUN
asfbr-295	214	24	.	.	PUNCT
asfbr-295	215	1	although	although	SCONJ
asfbr-295	215	2	this	this	DET
asfbr-295	215	3	correction	correction	NOUN
asfbr-295	215	4	can	can	AUX
asfbr-295	215	5	explain	explain	VERB
asfbr-295	215	6	the	the	DET
asfbr-295	215	7	short	short	ADJ
asfbr-295	215	8	variations	variation	NOUN
asfbr-295	215	9	of	of	ADP
asfbr-295	215	10	the	the	DET
asfbr-295	215	11	model	model	NOUN
asfbr-295	215	12	around	around	ADP
asfbr-295	215	13	the	the	DET
asfbr-295	215	14	long	long	ADJ
asfbr-295	215	15	term	term	NOUN
asfbr-295	215	16	trend	trend	NOUN
asfbr-295	215	17	by	by	ADP
asfbr-295	215	18	inserting	insert	VERB
asfbr-295	215	19	an	an	DET
asfbr-295	215	20	error	error	NOUN
asfbr-295	215	21	item	item	NOUN
asfbr-295	215	22	which	which	PRON
asfbr-295	215	23	has	have	AUX
asfbr-295	215	24	been	be	AUX
asfbr-295	215	25	obtained	obtain	VERB
asfbr-295	215	26	from	from	ADP
asfbr-295	215	27	the	the	DET
asfbr-295	215	28	long	long	ADJ
asfbr-295	215	29	run	run	NOUN
asfbr-295	215	30	equation	equation	NOUN
asfbr-295	215	31	,	,	PUNCT
asfbr-295	215	32	it	it	PRON
asfbr-295	215	33	adds	add	VERB
asfbr-295	215	34	its	its	PRON
asfbr-295	215	35	own	own	ADJ
asfbr-295	215	36	problems	problem	NOUN
asfbr-295	215	37	to	to	ADP
asfbr-295	215	38	the	the	DET
asfbr-295	215	39	model	model	NOUN
asfbr-295	215	40	.	.	PUNCT
asfbr-295	216	1	for	for	ADP
asfbr-295	216	2	example	example	NOUN
asfbr-295	216	3	,	,	PUNCT
asfbr-295	216	4	if	if	SCONJ
asfbr-295	216	5	the	the	DET
asfbr-295	216	6	specification	specification	NOUN
asfbr-295	216	7	of	of	ADP
asfbr-295	216	8	the	the	DET
asfbr-295	216	9	model	model	NOUN
asfbr-295	216	10	is	be	AUX
asfbr-295	216	11	not	not	PART
asfbr-295	216	12	strictly	strictly	ADV
asfbr-295	216	13	supported	support	VERB
asfbr-295	216	14	by	by	ADP
asfbr-295	216	15	economic	economic	ADJ
asfbr-295	216	16	theory	theory	NOUN
asfbr-295	216	17	,	,	PUNCT
asfbr-295	216	18	the	the	DET
asfbr-295	216	19	results	result	NOUN
asfbr-295	216	20	of	of	ADP
asfbr-295	216	21	the	the	DET
asfbr-295	216	22	error	error	NOUN
asfbr-295	216	23	correction	correction	NOUN
asfbr-295	216	24	model	model	NOUN
asfbr-295	216	25	will	will	AUX
asfbr-295	216	26	have	have	VERB
asfbr-295	216	27	conceptual	conceptual	ADJ
asfbr-295	216	28	problems	problem	NOUN
asfbr-295	216	29	.	.	PUNCT
asfbr-295	217	1	7	7	X
asfbr-295	217	2	.	.	X
asfbr-295	217	3	theoretical	theoretical	ADJ
asfbr-295	217	4	dynamic	dynamic	ADJ
asfbr-295	217	5	causality	causality	NOUN
asfbr-295	217	6	among	among	ADP
asfbr-295	217	7	variables	variable	NOUN
asfbr-295	217	8	when	when	SCONJ
asfbr-295	217	9	we	we	PRON
asfbr-295	217	10	define	define	VERB
asfbr-295	217	11	a	a	DET
asfbr-295	217	12	regression	regression	NOUN
asfbr-295	217	13	,	,	PUNCT
asfbr-295	217	14	we	we	PRON
asfbr-295	217	15	implicitly	implicitly	ADV
asfbr-295	217	16	presuppose	presuppose	VERB
asfbr-295	217	17	that	that	SCONJ
asfbr-295	217	18	what	what	PRON
asfbr-295	217	19	variable	variable	ADJ
asfbr-295	217	20	or	or	CCONJ
asfbr-295	217	21	variables	variable	NOUN
asfbr-295	217	22	explain	explain	VERB
asfbr-295	217	23	another	another	DET
asfbr-295	217	24	variable	variable	NOUN
asfbr-295	217	25	which	which	PRON
asfbr-295	217	26	is	be	AUX
asfbr-295	217	27	defined	define	VERB
asfbr-295	217	28	as	as	ADP
asfbr-295	217	29	the	the	DET
asfbr-295	217	30	dependent	dependent	ADJ
asfbr-295	217	31	variable	variable	NOUN
asfbr-295	217	32	.	.	PUNCT
asfbr-295	218	1	it	it	PRON
asfbr-295	218	2	means	mean	VERB
asfbr-295	218	3	that	that	SCONJ
asfbr-295	218	4	we	we	PRON
asfbr-295	218	5	define	define	VERB
asfbr-295	218	6	the	the	DET
asfbr-295	218	7	causality	causality	NOUN
asfbr-295	218	8	relationship	relationship	NOUN
asfbr-295	218	9	in	in	ADP
asfbr-295	218	10	which	which	PRON
asfbr-295	218	11	,	,	PUNCT
asfbr-295	218	12	by	by	ADP
asfbr-295	218	13	changing	change	VERB
asfbr-295	218	14	a	a	DET
asfbr-295	218	15	variable	variable	NOUN
asfbr-295	218	16	,	,	PUNCT
asfbr-295	218	17	the	the	DET
asfbr-295	218	18	dependent	dependent	ADJ
asfbr-295	218	19	variable	variable	NOUN
asfbr-295	218	20	will	will	AUX
asfbr-295	218	21	change	change	VERB
asfbr-295	218	22	.	.	PUNCT
asfbr-295	219	1	this	this	DET
asfbr-295	219	2	causality	causality	NOUN
asfbr-295	219	3	relationship	relationship	NOUN
asfbr-295	219	4	can	can	AUX
asfbr-295	219	5	be	be	AUX
asfbr-295	219	6	a	a	DET
asfbr-295	219	7	one	one	NUM
asfbr-295	219	8	-	-	PUNCT
asfbr-295	219	9	way	way	NOUN
asfbr-295	219	10	relationship	relationship	NOUN
asfbr-295	219	11	or	or	CCONJ
asfbr-295	219	12	two	two	NUM
asfbr-295	219	13	ways	way	NOUN
asfbr-295	219	14	.	.	PUNCT
asfbr-295	220	1	if	if	SCONJ
asfbr-295	220	2	x	x	PRON
asfbr-295	220	3	causes	cause	VERB
asfbr-295	220	4	y	y	PROPN
asfbr-295	220	5	,	,	PUNCT
asfbr-295	220	6	but	but	CCONJ
asfbr-295	220	7	y	y	PROPN
asfbr-295	220	8	has	have	VERB
asfbr-295	220	9	no	no	DET
asfbr-295	220	10	effect	effect	NOUN
asfbr-295	220	11	on	on	ADP
asfbr-295	220	12	x	x	X
asfbr-295	220	13	,	,	PUNCT
asfbr-295	220	14	it	it	PRON
asfbr-295	220	15	is	be	AUX
asfbr-295	220	16	a	a	DET
asfbr-295	220	17	one	one	NUM
asfbr-295	220	18	-	-	PUNCT
asfbr-295	220	19	way	way	NOUN
asfbr-295	220	20	relationship	relationship	NOUN
asfbr-295	220	21	.	.	PUNCT
asfbr-295	221	1	but	but	CCONJ
asfbr-295	221	2	if	if	SCONJ
asfbr-295	221	3	x	x	PRON
asfbr-295	221	4	affects	affect	VERB
asfbr-295	221	5	y	y	PROPN
asfbr-295	221	6	,	,	PUNCT
asfbr-295	221	7	and	and	CCONJ
asfbr-295	221	8	y	y	PROPN
asfbr-295	221	9	affects	affect	VERB
asfbr-295	221	10	x	x	PRON
asfbr-295	221	11	,	,	PUNCT
asfbr-295	221	12	then	then	ADV
asfbr-295	221	13	we	we	PRON
asfbr-295	221	14	have	have	VERB
asfbr-295	221	15	a	a	DET
asfbr-295	221	16	two	two	NUM
asfbr-295	221	17	-	-	PUNCT
asfbr-295	221	18	ways	way	NOUN
asfbr-295	221	19	or	or	CCONJ
asfbr-295	221	20	polar	polar	ADJ
asfbr-295	221	21	relationship	relationship	NOUN
asfbr-295	221	22	.	.	PUNCT
asfbr-295	222	1	one	one	NUM
asfbr-295	222	2	of	of	ADP
asfbr-295	222	3	the	the	DET
asfbr-295	222	4	methods	method	NOUN
asfbr-295	222	5	for	for	ADP
asfbr-295	222	6	the	the	DET
asfbr-295	222	7	causality	causality	NOUN
asfbr-295	222	8	test	test	NOUN
asfbr-295	222	9	is	be	AUX
asfbr-295	222	10	the	the	DET
asfbr-295	222	11	granger	granger	PROPN
asfbr-295	222	12	test	test	NOUN
asfbr-295	222	13	.	.	PUNCT
asfbr-295	223	1	this	this	DET
asfbr-295	223	2	test	test	NOUN
asfbr-295	223	3	is	be	AUX
asfbr-295	223	4	based	base	VERB
asfbr-295	223	5	on	on	ADP
asfbr-295	223	6	this	this	DET
asfbr-295	223	7	concept	concept	NOUN
asfbr-295	223	8	that	that	SCONJ
asfbr-295	223	9	the	the	DET
asfbr-295	223	10	future	future	NOUN
asfbr-295	223	11	can	can	AUX
asfbr-295	223	12	not	not	PART
asfbr-295	223	13	affect	affect	VERB
asfbr-295	223	14	the	the	DET
asfbr-295	223	15	past	past	NOUN
asfbr-295	223	16	or	or	CCONJ
asfbr-295	223	17	the	the	DET
asfbr-295	223	18	present	present	ADJ
asfbr-295	223	19	time	time	NOUN
asfbr-295	223	20	.	.	PUNCT
asfbr-295	224	1	the	the	DET
asfbr-295	224	2	test	test	NOUN
asfbr-295	224	3	is	be	AUX
asfbr-295	224	4	a	a	DET
asfbr-295	224	5	kind	kind	NOUN
asfbr-295	224	6	of	of	ADP
asfbr-295	224	7	var(k	var(k	NOUN
asfbr-295	224	8	)	)	PUNCT
asfbr-295	224	9	test	test	NOUN
asfbr-295	224	10	:	:	PUNCT
asfbr-295	225	1	tjt	tjt	PROPN
asfbr-295	226	1	k	k	PROPN
asfbr-295	226	2	j	j	PROPN
asfbr-295	226	3	jjt	jjt	NOUN
asfbr-295	226	4	x	x	PROPN
asfbr-295	226	5	j	j	PROPN
asfbr-295	226	6	jt	jt	PROPN
asfbr-295	226	7	tjt	tjt	PROPN
asfbr-295	227	1	k	k	PROPN
asfbr-295	227	2	j	j	PROPN
asfbr-295	227	3	jjt	jjt	PROPN
asfbr-295	228	1	k	k	PROPN
asfbr-295	229	1	i	i	PRON
asfbr-295	229	2	ijt	ijt	VERB
asfbr-295	229	3	eyxax	eyxax	NOUN
asfbr-295	229	4	eyxay	eyxay	NOUN
asfbr-295	229	5	2	2	NUM
asfbr-295	229	6	1	1	NUM
asfbr-295	229	7	2	2	NUM
asfbr-295	229	8	1	1	NUM
asfbr-295	229	9	220	220	NUM
asfbr-295	229	10	1	1	NUM
asfbr-295	229	11	1	1	NUM
asfbr-295	229	12	1	1	NUM
asfbr-295	229	13	1	1	NUM
asfbr-295	229	14	10	10	NUM
asfbr-295	229	15			NOUN
asfbr-295	229	16			PROPN
asfbr-295	229	17			PROPN
asfbr-295	229	18			PROPN
asfbr-295	229	19			PROPN
asfbr-295	229	20			PROPN
asfbr-295	229	21			PROPN
asfbr-295	229	22			PROPN
asfbr-295	229	23			PROPN
asfbr-295	229	24			PROPN
asfbr-295	229	25			DET
asfbr-295	229	26			ADV
asfbr-295	229	27			X
asfbr-295	229	28			X
asfbr-295	229	29	10	10	NUM
asfbr-295	229	30	error	error	NOUN
asfbr-295	229	31	correction	correction	NOUN
asfbr-295	229	32	model	model	NOUN
asfbr-295	229	33	.	.	PUNCT
asfbr-295	230	1	copyright	copyright	NOUN
asfbr-295	230	2	©	©	PROPN
asfbr-295	230	3	cc	cc	PROPN
asfbr-295	230	4	-	-	PUNCT
asfbr-295	230	5	by	by	ADP
asfbr-295	230	6	-	-	PUNCT
asfbr-295	230	7	nc	nc	PROPN
asfbr-295	230	8	2019	2019	NUM
asfbr-295	230	9	,	,	PUNCT
asfbr-295	230	10	cribfb	cribfb	PROPN
asfbr-295	230	11	|	|	ADV
asfbr-295	230	12	afbr	afbr	ADV
asfbr-295	230	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	230	14	asian	asian	ADJ
asfbr-295	230	15	finance	finance	PROPN
asfbr-295	230	16	&	&	CCONJ
asfbr-295	230	17	banking	banking	PROPN
asfbr-295	230	18	review	review	PROPN
asfbr-295	230	19	vol	vol	NOUN
asfbr-295	230	20	.	.	PROPN
asfbr-295	231	1	3	3	NUM
asfbr-295	231	2	,	,	PUNCT
asfbr-295	231	3	no	no	INTJ
asfbr-295	231	4	.	.	NOUN
asfbr-295	231	5	1	1	NUM
asfbr-295	231	6	;	;	PUNCT
asfbr-295	231	7	2019	2019	NUM
asfbr-295	231	8	52	52	NUM
asfbr-295	231	9	upon	upon	SCONJ
asfbr-295	231	10	the	the	DET
asfbr-295	231	11	above	above	ADJ
asfbr-295	231	12	equations	equation	NOUN
asfbr-295	231	13	,	,	PUNCT
asfbr-295	231	14	we	we	PRON
asfbr-295	231	15	can	can	AUX
asfbr-295	231	16	evaluate	evaluate	VERB
asfbr-295	231	17	the	the	DET
asfbr-295	231	18	following	follow	VERB
asfbr-295	231	19	different	different	ADJ
asfbr-295	231	20	cases	case	NOUN
asfbr-295	231	21	:	:	PUNCT
asfbr-295	232	1	1	1	X
asfbr-295	232	2	.	.	X
asfbr-295	233	1	if	if	SCONJ
asfbr-295	233	2			PROPN
asfbr-295	233	3	11	11	VERB
asfbr-295	233	4	12	12	NUM
asfbr-295	233	5	1	1	NUM
asfbr-295	233	6	,	,	PUNCT
asfbr-295	233	7	,	,	PUNCT
asfbr-295	233	8	...	...	PUNCT
asfbr-295	233	9	,	,	PUNCT
asfbr-295	233	10	0k	0k	NUM
asfbr-295	233	11			X
asfbr-295	233	12			X
asfbr-295	233	13			NOUN
asfbr-295	233	14	and	and	CCONJ
asfbr-295	233	15	21	21	NUM
asfbr-295	233	16	22	22	NUM
asfbr-295	233	17	2	2	NUM
asfbr-295	233	18	{	{	PUNCT
asfbr-295	233	19	,	,	PUNCT
asfbr-295	233	20	,	,	PUNCT
asfbr-295	233	21	...	...	PUNCT
asfbr-295	233	22	,	,	PUNCT
asfbr-295	233	23	}	}	PUNCT
asfbr-295	233	24	0k	0k	NUM
asfbr-295	233	25			PROPN
asfbr-295	233	26			PROPN
asfbr-295	233	27			NOUN
asfbr-295	233	28	,	,	PUNCT
asfbr-295	233	29	there	there	PRON
asfbr-295	233	30	is	be	VERB
asfbr-295	233	31	a	a	DET
asfbr-295	233	32	one	one	NUM
asfbr-295	233	33	-	-	PUNCT
asfbr-295	233	34	way	way	NOUN
asfbr-295	233	35	causality	causality	NOUN
asfbr-295	233	36	relationship	relationship	NOUN
asfbr-295	233	37	from	from	ADP
asfbr-295	233	38	x	x	PUNCT
asfbr-295	233	39	to	to	ADP
asfbr-295	233	40	y.	y.	PROPN
asfbr-295	233	41	2	2	NUM
asfbr-295	233	42	.	.	PUNCT
asfbr-295	234	1	if	if	SCONJ
asfbr-295	234	2			PROPN
asfbr-295	234	3	11	11	VERB
asfbr-295	234	4	12	12	NUM
asfbr-295	234	5	1	1	NUM
asfbr-295	234	6	,	,	PUNCT
asfbr-295	234	7	,	,	PUNCT
asfbr-295	234	8	...	...	PUNCT
asfbr-295	234	9	,	,	PUNCT
asfbr-295	234	10	0k	0k	NUM
asfbr-295	234	11			NOUN
asfbr-295	234	12			X
asfbr-295	234	13			NUM
asfbr-295	234	14	and	and	CCONJ
asfbr-295	234	15	21	21	NUM
asfbr-295	234	16	22	22	NUM
asfbr-295	234	17	2	2	NUM
asfbr-295	234	18	{	{	PUNCT
asfbr-295	234	19	,	,	PUNCT
asfbr-295	234	20	,	,	PUNCT
asfbr-295	234	21	...	...	PUNCT
asfbr-295	234	22	,	,	PUNCT
asfbr-295	234	23	}	}	PUNCT
asfbr-295	234	24	0k	0k	NUM
asfbr-295	234	25			PROPN
asfbr-295	234	26			PROPN
asfbr-295	234	27			PROPN
asfbr-295	234	28	,	,	PUNCT
asfbr-295	234	29	there	there	PRON
asfbr-295	234	30	is	be	VERB
asfbr-295	234	31	a	a	DET
asfbr-295	234	32	one	one	NUM
asfbr-295	234	33	-	-	PUNCT
asfbr-295	234	34	way	way	NOUN
asfbr-295	234	35	causality	causality	NOUN
asfbr-295	234	36	relationship	relationship	NOUN
asfbr-295	234	37	from	from	ADP
asfbr-295	234	38	y	y	PRON
asfbr-295	234	39	to	to	PART
asfbr-295	234	40	x.	x.	NOUN
asfbr-295	235	1	3	3	X
asfbr-295	235	2	.	.	PUNCT
asfbr-295	236	1	if	if	SCONJ
asfbr-295	236	2			PROPN
asfbr-295	236	3			PROPN
asfbr-295	236	4	0	0	NUM
asfbr-295	236	5	,	,	PUNCT
asfbr-295	236	6	...	...	PUNCT
asfbr-295	236	7	,	,	PUNCT
asfbr-295	236	8	,	,	PUNCT
asfbr-295	236	9	11211	11211	NUM
asfbr-295	236	10	k	k	PROPN
asfbr-295	236	11	and	and	CCONJ
asfbr-295	236	12	21	21	NUM
asfbr-295	236	13	22	22	NUM
asfbr-295	236	14	2	2	NUM
asfbr-295	236	15	{	{	PUNCT
asfbr-295	236	16	,	,	PUNCT
asfbr-295	236	17	,	,	PUNCT
asfbr-295	236	18	...	...	PUNCT
asfbr-295	236	19	,	,	PUNCT
asfbr-295	236	20	}	}	PUNCT
asfbr-295	237	1	0k	0k	NUM
asfbr-295	237	2			PROPN
asfbr-295	237	3			PROPN
asfbr-295	237	4			PROPN
asfbr-295	237	5	,	,	PUNCT
asfbr-295	237	6	there	there	PRON
asfbr-295	237	7	is	be	VERB
asfbr-295	237	8	a	a	DET
asfbr-295	237	9	two	two	NUM
asfbr-295	237	10	ways	way	NOUN
asfbr-295	237	11	causality	causality	NOUN
asfbr-295	237	12	relationship	relationship	NOUN
asfbr-295	237	13	between	between	ADP
asfbr-295	237	14	y	y	PROPN
asfbr-295	237	15	and	and	CCONJ
asfbr-295	237	16	x.	x.	NOUN
asfbr-295	237	17	in	in	ADP
asfbr-295	237	18	order	order	NOUN
asfbr-295	237	19	to	to	PART
asfbr-295	237	20	test	test	VERB
asfbr-295	237	21	the	the	DET
asfbr-295	237	22	above	above	ADJ
asfbr-295	237	23	hypothesis	hypothesis	NOUN
asfbr-295	237	24	,	,	PUNCT
asfbr-295	237	25	we	we	PRON
asfbr-295	237	26	use	use	VERB
asfbr-295	237	27	f	f	PROPN
asfbr-295	237	28	statistics	statistic	NOUN
asfbr-295	237	29	.	.	PUNCT
asfbr-295	238	1	this	this	DET
asfbr-295	238	2	test	test	NOUN
asfbr-295	238	3	will	will	AUX
asfbr-295	238	4	be	be	AUX
asfbr-295	238	5	carried	carry	VERB
asfbr-295	238	6	out	out	ADP
asfbr-295	238	7	after	after	ADP
asfbr-295	238	8	testing	test	VERB
asfbr-295	238	9	for	for	ADP
asfbr-295	238	10	stationarity	stationarity	NOUN
asfbr-295	238	11	and	and	CCONJ
asfbr-295	238	12	making	make	VERB
asfbr-295	238	13	variables	variable	NOUN
asfbr-295	238	14	stationary	stationary	ADJ
asfbr-295	238	15	before	before	ADP
asfbr-295	238	16	further	further	ADJ
asfbr-295	238	17	use	use	NOUN
asfbr-295	238	18	.	.	PUNCT
asfbr-295	239	1	8	8	X
asfbr-295	239	2	.	.	PUNCT
asfbr-295	240	1	the	the	DET
asfbr-295	240	2	dynamic	dynamic	ADJ
asfbr-295	240	3	causality	causality	NOUN
asfbr-295	240	4	among	among	ADP
asfbr-295	240	5	variables	variable	NOUN
asfbr-295	240	6	(	(	PUNCT
asfbr-295	240	7	practical	practical	ADJ
asfbr-295	240	8	)	)	PUNCT
asfbr-295	240	9	regarding	regard	VERB
asfbr-295	240	10	the	the	DET
asfbr-295	240	11	mentioned	mention	VERB
asfbr-295	240	12	cases	case	NOUN
asfbr-295	240	13	in	in	ADP
asfbr-295	240	14	the	the	DET
asfbr-295	240	15	previous	previous	ADJ
asfbr-295	240	16	section	section	NOUN
asfbr-295	240	17	,	,	PUNCT
asfbr-295	240	18	by	by	ADP
asfbr-295	240	19	using	use	VERB
asfbr-295	240	20	the	the	DET
asfbr-295	240	21	granger	granger	PROPN
asfbr-295	240	22	causality	causality	PROPN
asfbr-295	240	23	test	test	NOUN
asfbr-295	240	24	,	,	PUNCT
asfbr-295	240	25	we	we	PRON
asfbr-295	240	26	test	test	VERB
asfbr-295	240	27	the	the	DET
asfbr-295	240	28	variables	variable	NOUN
asfbr-295	240	29	two	two	NUM
asfbr-295	240	30	by	by	ADP
asfbr-295	240	31	two	two	NUM
asfbr-295	240	32	and	and	CCONJ
asfbr-295	240	33	with	with	ADP
asfbr-295	240	34	different	different	ADJ
asfbr-295	240	35	lags	lag	NOUN
asfbr-295	240	36	.	.	PUNCT
asfbr-295	241	1	the	the	DET
asfbr-295	241	2	first	first	ADJ
asfbr-295	241	3	group	group	NOUN
asfbr-295	241	4	of	of	ADP
asfbr-295	241	5	tests	test	NOUN
asfbr-295	241	6	includes	include	VERB
asfbr-295	241	7	testing	test	VERB
asfbr-295	241	8	causality	causality	NOUN
asfbr-295	241	9	among	among	ADP
asfbr-295	241	10	three	three	NUM
asfbr-295	241	11	variables	variable	NOUN
asfbr-295	241	12	in	in	ADP
asfbr-295	241	13	a	a	DET
asfbr-295	241	14	range	range	NOUN
asfbr-295	241	15	of	of	ADP
asfbr-295	241	16	1	1	NUM
asfbr-295	241	17	to	to	PART
asfbr-295	241	18	24	24	NUM
asfbr-295	241	19	lags	lag	NOUN
asfbr-295	241	20	:	:	PUNCT
asfbr-295	241	21			X
asfbr-295	241	22	the	the	DET
asfbr-295	241	23	first	first	ADJ
asfbr-295	241	24	order	order	NOUN
asfbr-295	241	25	difference	difference	NOUN
asfbr-295	241	26	of	of	ADP
asfbr-295	241	27	dollar	dollar	NOUN
asfbr-295	241	28	rate	rate	NOUN
asfbr-295	241	29	series	series	NOUN
asfbr-295	241	30	with	with	ADP
asfbr-295	241	31	12	12	NUM
asfbr-295	241	32	months	month	NOUN
asfbr-295	241	33	seasonal	seasonal	ADJ
asfbr-295	241	34	adjustment	adjustment	NOUN
asfbr-295	241	35	(	(	PUNCT
asfbr-295	241	36	ddollar	ddollar	ADJ
asfbr-295	241	37	)	)	PUNCT
asfbr-295	241	38			PROPN
asfbr-295	242	1	the	the	DET
asfbr-295	242	2	first	first	ADJ
asfbr-295	242	3	order	order	NOUN
asfbr-295	242	4	difference	difference	NOUN
asfbr-295	242	5	of	of	ADP
asfbr-295	242	6	liquidity	liquidity	NOUN
asfbr-295	242	7	with	with	ADP
asfbr-295	242	8	12	12	NUM
asfbr-295	242	9	months	month	NOUN
asfbr-295	242	10	of	of	ADP
asfbr-295	242	11	seasonal	seasonal	ADJ
asfbr-295	242	12	adjustment	adjustment	NOUN
asfbr-295	242	13	(	(	PUNCT
asfbr-295	242	14	dm2112	dm2112	PROPN
asfbr-295	242	15	)	)	PUNCT
asfbr-295	242	16			PART
asfbr-295	242	17	the	the	DET
asfbr-295	242	18	first	first	ADJ
asfbr-295	242	19	order	order	NOUN
asfbr-295	242	20	difference	difference	NOUN
asfbr-295	242	21	of	of	ADP
asfbr-295	242	22	consumer	consumer	NOUN
asfbr-295	242	23	price	price	NOUN
asfbr-295	242	24	index	index	NOUN
asfbr-295	242	25	with	with	ADP
asfbr-295	242	26	12	12	NUM
asfbr-295	242	27	months	month	NOUN
asfbr-295	242	28	seasonal	seasonal	ADJ
asfbr-295	242	29	adjustment	adjustment	NOUN
asfbr-295	242	30	(	(	PUNCT
asfbr-295	242	31	dcpi112	dcpi112	PROPN
asfbr-295	242	32	)	)	PUNCT
asfbr-295	242	33	the	the	DET
asfbr-295	242	34	second	second	ADJ
asfbr-295	242	35	group	group	NOUN
asfbr-295	242	36	of	of	ADP
asfbr-295	242	37	tests	test	NOUN
asfbr-295	242	38	is	be	AUX
asfbr-295	242	39	similar	similar	ADJ
asfbr-295	242	40	to	to	ADP
asfbr-295	242	41	the	the	DET
asfbr-295	242	42	first	first	ADJ
asfbr-295	242	43	group	group	NOUN
asfbr-295	242	44	with	with	ADP
asfbr-295	242	45	one	one	NUM
asfbr-295	242	46	difference	difference	NOUN
asfbr-295	242	47	that	that	PRON
asfbr-295	242	48	the	the	DET
asfbr-295	242	49	logarithms	logarithm	NOUN
asfbr-295	242	50	of	of	ADP
asfbr-295	242	51	variables	variable	NOUN
asfbr-295	242	52	are	be	AUX
asfbr-295	242	53	used	use	VERB
asfbr-295	242	54	instead	instead	ADV
asfbr-295	242	55	of	of	ADP
asfbr-295	242	56	the	the	DET
asfbr-295	242	57	original	original	ADJ
asfbr-295	242	58	ones	one	NOUN
asfbr-295	242	59	.	.	PUNCT
asfbr-295	243	1	the	the	DET
asfbr-295	243	2	summary	summary	NOUN
asfbr-295	243	3	of	of	ADP
asfbr-295	243	4	the	the	DET
asfbr-295	243	5	results	result	NOUN
asfbr-295	243	6	of	of	ADP
asfbr-295	243	7	these	these	DET
asfbr-295	243	8	tests	test	NOUN
asfbr-295	243	9	is	be	AUX
asfbr-295	243	10	presented	present	VERB
asfbr-295	243	11	in	in	ADP
asfbr-295	243	12	the	the	DET
asfbr-295	243	13	next	next	ADJ
asfbr-295	243	14	tables	table	NOUN
asfbr-295	243	15	and	and	CCONJ
asfbr-295	243	16	diagrams	diagram	NOUN
asfbr-295	243	17	.	.	PUNCT
asfbr-295	244	1	the	the	DET
asfbr-295	244	2	table	table	NOUN
asfbr-295	244	3	of	of	ADP
asfbr-295	244	4	f	f	PROPN
asfbr-295	244	5	statistics	statistics	PROPN
asfbr-295	244	6	defines	define	VERB
asfbr-295	244	7	the	the	DET
asfbr-295	244	8	probability	probability	NOUN
asfbr-295	244	9	of	of	ADP
asfbr-295	244	10	accepting	accept	VERB
asfbr-295	244	11	the	the	DET
asfbr-295	244	12	null	null	ADJ
asfbr-295	244	13	hypothesis	hypothesis	NOUN
asfbr-295	244	14	.	.	PUNCT
asfbr-295	245	1	this	this	DET
asfbr-295	245	2	hypothesis	hypothesis	NOUN
asfbr-295	245	3	is	be	AUX
asfbr-295	245	4	defined	define	VERB
asfbr-295	245	5	as	as	SCONJ
asfbr-295	245	6	follows	follow	VERB
asfbr-295	245	7	:	:	PUNCT
asfbr-295	245	8	h0	h0	NOUN
asfbr-295	245	9	:	:	PUNCT
asfbr-295	245	10	the	the	DET
asfbr-295	245	11	variable	variable	ADJ
asfbr-295	245	12	one	one	NOUN
asfbr-295	245	13	is	be	AUX
asfbr-295	245	14	not	not	PART
asfbr-295	245	15	the	the	DET
asfbr-295	245	16	cause	cause	NOUN
asfbr-295	245	17	of	of	ADP
asfbr-295	245	18	the	the	DET
asfbr-295	245	19	second	second	ADJ
asfbr-295	245	20	variable	variable	NOUN
asfbr-295	245	21	.	.	PUNCT
asfbr-295	246	1	h1	h1	PROPN
asfbr-295	246	2	:	:	PUNCT
asfbr-295	246	3	the	the	DET
asfbr-295	246	4	variable	variable	ADJ
asfbr-295	246	5	one	one	NOUN
asfbr-295	246	6	is	be	AUX
asfbr-295	246	7	the	the	DET
asfbr-295	246	8	cause	cause	NOUN
asfbr-295	246	9	of	of	ADP
asfbr-295	246	10	the	the	DET
asfbr-295	246	11	second	second	ADJ
asfbr-295	246	12	variable	variable	NOUN
asfbr-295	246	13	.	.	PUNCT
asfbr-295	247	1	if	if	SCONJ
asfbr-295	247	2	the	the	DET
asfbr-295	247	3	calculated	calculated	ADJ
asfbr-295	247	4	f	f	NOUN
asfbr-295	247	5	is	be	AUX
asfbr-295	247	6	greater	great	ADJ
asfbr-295	247	7	than	than	ADP
asfbr-295	247	8	f	f	PROPN
asfbr-295	247	9	in	in	ADP
asfbr-295	247	10	the	the	DET
asfbr-295	247	11	table	table	NOUN
asfbr-295	247	12	,	,	PUNCT
asfbr-295	247	13	we	we	PRON
asfbr-295	247	14	reject	reject	VERB
asfbr-295	247	15	the	the	DET
asfbr-295	247	16	null	null	ADJ
asfbr-295	247	17	hypothesis	hypothesis	NOUN
asfbr-295	247	18	,	,	PUNCT
asfbr-295	247	19	and	and	CCONJ
asfbr-295	247	20	if	if	SCONJ
asfbr-295	247	21	the	the	DET
asfbr-295	247	22	calculated	calculated	ADJ
asfbr-295	247	23	f	f	NOUN
asfbr-295	247	24	is	be	AUX
asfbr-295	247	25	smaller	small	ADJ
asfbr-295	247	26	than	than	ADP
asfbr-295	247	27	f	f	PROPN
asfbr-295	247	28	in	in	ADP
asfbr-295	247	29	the	the	DET
asfbr-295	247	30	table	table	NOUN
asfbr-295	247	31	,	,	PUNCT
asfbr-295	247	32	we	we	PRON
asfbr-295	247	33	accept	accept	VERB
asfbr-295	247	34	the	the	DET
asfbr-295	247	35	null	null	ADJ
asfbr-295	247	36	hypothesis	hypothesis	NOUN
asfbr-295	247	37	.	.	PUNCT
asfbr-295	248	1	the	the	DET
asfbr-295	248	2	following	follow	VERB
asfbr-295	248	3	table	table	NOUN
asfbr-295	248	4	gives	give	VERB
asfbr-295	248	5	f	f	PROPN
asfbr-295	248	6	statistics	statistic	NOUN
asfbr-295	248	7	for	for	ADP
asfbr-295	248	8	a	a	DET
asfbr-295	248	9	large	large	ADJ
asfbr-295	248	10	number	number	NOUN
asfbr-295	248	11	of	of	ADP
asfbr-295	248	12	observations	observation	NOUN
asfbr-295	248	13	(	(	PUNCT
asfbr-295	248	14	more	more	ADJ
asfbr-295	248	15	than	than	ADP
asfbr-295	248	16	120	120	NUM
asfbr-295	248	17	in	in	ADP
asfbr-295	248	18	this	this	DET
asfbr-295	248	19	case	case	NOUN
asfbr-295	248	20	)	)	PUNCT
asfbr-295	248	21	and	and	CCONJ
asfbr-295	248	22	the	the	DET
asfbr-295	248	23	degree	degree	NOUN
asfbr-295	248	24	of	of	ADP
asfbr-295	248	25	freedom	freedom	NOUN
asfbr-295	248	26	of	of	ADP
asfbr-295	248	27	the	the	DET
asfbr-295	248	28	denominator	denominator	NOUN
asfbr-295	248	29	equal	equal	ADJ
asfbr-295	248	30	to	to	ADP
asfbr-295	248	31	5	5	NUM
asfbr-295	248	32	percent	percent	NOUN
asfbr-295	248	33	and	and	CCONJ
asfbr-295	248	34	1	1	NUM
asfbr-295	248	35	percent	percent	NOUN
asfbr-295	248	36	level	level	NOUN
asfbr-295	248	37	of	of	ADP
asfbr-295	248	38	significance	significance	NOUN
asfbr-295	248	39	:	:	PUNCT
asfbr-295	248	40	f	f	PROPN
asfbr-295	248	41	statistics	statistic	NOUN
asfbr-295	248	42	for	for	ADP
asfbr-295	248	43	a	a	DET
asfbr-295	248	44	number	number	NOUN
asfbr-295	248	45	of	of	ADP
asfbr-295	248	46	observations	observation	NOUN
asfbr-295	248	47	over	over	ADP
asfbr-295	248	48	120	120	NUM
asfbr-295	248	49	and	and	CCONJ
asfbr-295	248	50	degree	degree	NOUN
asfbr-295	248	51	of	of	ADP
asfbr-295	248	52	freedom	freedom	NOUN
asfbr-295	248	53	of	of	ADP
asfbr-295	248	54	numerator	numerator	NOUN
asfbr-295	248	55	(	(	PUNCT
asfbr-295	248	56	lag	lag	PROPN
asfbr-295	248	57	)	)	PUNCT
asfbr-295	248	58	24	24	NUM
asfbr-295	248	59	20	20	NUM
asfbr-295	248	60	15	15	NUM
asfbr-295	248	61	12	12	NUM
asfbr-295	248	62	10	10	NUM
asfbr-295	248	63	9	9	NUM
asfbr-295	248	64	8	8	NUM
asfbr-295	248	65	7	7	NUM
asfbr-295	248	66	6	6	NUM
asfbr-295	248	67	5	5	NUM
asfbr-295	248	68	4	4	NUM
asfbr-295	248	69	3	3	NUM
asfbr-295	248	70	2	2	NUM
asfbr-295	248	71	1	1	NUM
asfbr-295	248	72	lags	lag	VERB
asfbr-295	248	73	1.52	1.52	NUM
asfbr-295	248	74	1.57	1.57	NUM
asfbr-295	248	75	1.67	1.67	NUM
asfbr-295	248	76	1.75	1.75	NUM
asfbr-295	248	77	1.83	1.83	NUM
asfbr-295	248	78	1.88	1.88	NUM
asfbr-295	248	79	1.94	1.94	NUM
asfbr-295	248	80	2.01	2.01	NUM
asfbr-295	248	81	2.10	2.10	NUM
asfbr-295	248	82	2.21	2.21	NUM
asfbr-295	248	83	2.37	2.37	NUM
asfbr-295	248	84	2.60	2.60	NUM
asfbr-295	248	85	3.00	3.00	NUM
asfbr-295	248	86	3.84	3.84	NUM
asfbr-295	248	87	5	5	NUM
asfbr-295	248	88	%	%	NOUN
asfbr-295	248	89	level	level	NOUN
asfbr-295	248	90	of	of	ADP
asfbr-295	248	91	significance	significance	NOUN
asfbr-295	248	92	f	f	PROPN
asfbr-295	248	93	1.79	1.79	NUM
asfbr-295	248	94	1.88	1.88	NUM
asfbr-295	248	95	2.04	2.04	NUM
asfbr-295	248	96	2.18	2.18	NUM
asfbr-295	248	97	2.32	2.32	NUM
asfbr-295	248	98	2.41	2.41	NUM
asfbr-295	248	99	2.51	2.51	NUM
asfbr-295	248	100	2.64	2.64	NUM
asfbr-295	248	101	2.80	2.80	NUM
asfbr-295	248	102	3.02	3.02	NUM
asfbr-295	248	103	3.32	3.32	NUM
asfbr-295	248	104	3.78	3.78	NUM
asfbr-295	248	105	4.61	4.61	NUM
asfbr-295	248	106	6.63	6.63	NUM
asfbr-295	248	107	1	1	NUM
asfbr-295	248	108	%	%	NOUN
asfbr-295	248	109	level	level	NOUN
asfbr-295	248	110	of	of	ADP
asfbr-295	248	111	significance	significance	NOUN
asfbr-295	248	112	f	f	X
asfbr-295	248	113	by	by	ADP
asfbr-295	248	114	considering	consider	VERB
asfbr-295	248	115	the	the	DET
asfbr-295	248	116	next	next	ADJ
asfbr-295	248	117	tables	table	NOUN
asfbr-295	248	118	and	and	CCONJ
asfbr-295	248	119	the	the	DET
asfbr-295	248	120	graphs	graph	NOUN
asfbr-295	248	121	for	for	ADP
asfbr-295	248	122	a	a	DET
asfbr-295	248	123	simple	simple	ADJ
asfbr-295	248	124	non	non	ADJ
asfbr-295	248	125	-	-	ADJ
asfbr-295	248	126	logarithmic	logarithmic	ADJ
asfbr-295	248	127	model	model	NOUN
asfbr-295	248	128	,	,	PUNCT
asfbr-295	248	129	we	we	PRON
asfbr-295	248	130	conclude	conclude	VERB
asfbr-295	248	131	:	:	PUNCT
asfbr-295	248	132			VERB
asfbr-295	249	1	the	the	DET
asfbr-295	249	2	change	change	NOUN
asfbr-295	249	3	in	in	ADP
asfbr-295	249	4	dollar	dollar	NOUN
asfbr-295	249	5	rate	rate	NOUN
asfbr-295	249	6	,	,	PUNCT
asfbr-295	249	7	after	after	ADP
asfbr-295	249	8	at	at	ADV
asfbr-295	249	9	least	least	ADV
asfbr-295	249	10	1	1	NUM
asfbr-295	249	11	month	month	NOUN
asfbr-295	249	12	,	,	PUNCT
asfbr-295	249	13	will	will	AUX
asfbr-295	249	14	lead	lead	VERB
asfbr-295	249	15	to	to	ADP
asfbr-295	249	16	a	a	DET
asfbr-295	249	17	change	change	NOUN
asfbr-295	249	18	in	in	ADP
asfbr-295	249	19	liquidity	liquidity	NOUN
asfbr-295	249	20	.	.	PUNCT
asfbr-295	250	1			PUNCT
asfbr-295	251	1	the	the	DET
asfbr-295	251	2	change	change	NOUN
asfbr-295	251	3	in	in	ADP
asfbr-295	251	4	liquidity	liquidity	NOUN
asfbr-295	251	5	will	will	AUX
asfbr-295	251	6	affect	affect	VERB
asfbr-295	251	7	dollar	dollar	NOUN
asfbr-295	251	8	rate	rate	NOUN
asfbr-295	251	9	after	after	ADP
asfbr-295	251	10	1	1	NUM
asfbr-295	251	11	month	month	NOUN
asfbr-295	251	12	,	,	PUNCT
asfbr-295	251	13	and	and	CCONJ
asfbr-295	251	14	its	its	PRON
asfbr-295	251	15	further	further	ADJ
asfbr-295	251	16	effects	effect	NOUN
asfbr-295	251	17	appear	appear	VERB
asfbr-295	251	18	after	after	ADP
asfbr-295	251	19	9	9	NUM
asfbr-295	251	20	to	to	PART
asfbr-295	251	21	11	11	NUM
asfbr-295	251	22	months	month	NOUN
asfbr-295	251	23	and	and	CCONJ
asfbr-295	251	24	again	again	ADV
asfbr-295	251	25	after	after	SCONJ
asfbr-295	251	26	2	2	NUM
asfbr-295	251	27	years	year	NOUN
asfbr-295	251	28	changes	change	VERB
asfbr-295	251	29	the	the	DET
asfbr-295	251	30	dollar	dollar	NOUN
asfbr-295	251	31	rate	rate	NOUN
asfbr-295	251	32	.	.	PUNCT
asfbr-295	252	1			PART
asfbr-295	253	1	changes	change	NOUN
asfbr-295	253	2	in	in	ADP
asfbr-295	253	3	prices	price	NOUN
asfbr-295	253	4	affect	affect	VERB
asfbr-295	253	5	liquidity	liquidity	NOUN
asfbr-295	253	6	after	after	ADP
asfbr-295	253	7	a	a	DET
asfbr-295	253	8	lag	lag	NOUN
asfbr-295	253	9	of	of	ADP
asfbr-295	253	10	8	8	NUM
asfbr-295	253	11	months	month	NOUN
asfbr-295	253	12	to	to	ADP
asfbr-295	253	13	2	2	NUM
asfbr-295	253	14	years	year	NOUN
asfbr-295	253	15	.	.	PUNCT
asfbr-295	254	1			PART
asfbr-295	255	1	liquidity	liquidity	NOUN
asfbr-295	255	2	changes	change	NOUN
asfbr-295	255	3	will	will	AUX
asfbr-295	255	4	affect	affect	VERB
asfbr-295	255	5	prices	price	NOUN
asfbr-295	255	6	after	after	ADP
asfbr-295	255	7	1	1	NUM
asfbr-295	255	8	year	year	NOUN
asfbr-295	255	9	.	.	PUNCT
asfbr-295	256	1	copyright	copyright	NOUN
asfbr-295	256	2	©	©	PROPN
asfbr-295	256	3	cc	cc	PROPN
asfbr-295	256	4	-	-	PUNCT
asfbr-295	256	5	by	by	ADP
asfbr-295	256	6	-	-	PUNCT
asfbr-295	256	7	nc	nc	PROPN
asfbr-295	256	8	2019	2019	NUM
asfbr-295	256	9	,	,	PUNCT
asfbr-295	256	10	cribfb	cribfb	PROPN
asfbr-295	256	11	|	|	ADV
asfbr-295	256	12	afbr	afbr	ADV
asfbr-295	256	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	256	14	asian	asian	ADJ
asfbr-295	256	15	finance	finance	PROPN
asfbr-295	256	16	&	&	CCONJ
asfbr-295	256	17	banking	banking	PROPN
asfbr-295	256	18	review	review	PROPN
asfbr-295	256	19	vol	vol	NOUN
asfbr-295	256	20	.	.	PROPN
asfbr-295	257	1	3	3	NUM
asfbr-295	257	2	,	,	PUNCT
asfbr-295	257	3	no	no	INTJ
asfbr-295	257	4	.	.	NOUN
asfbr-295	257	5	1	1	NUM
asfbr-295	257	6	;	;	PUNCT
asfbr-295	257	7	2019	2019	NUM
asfbr-295	257	8	53	53	NUM
asfbr-295	257	9	with	with	ADP
asfbr-295	257	10	12	12	NUM
asfbr-295	257	11	to	to	PART
asfbr-295	257	12	24	24	NUM
asfbr-295	257	13	months	month	NOUN
asfbr-295	257	14	lag	lag	VERB
asfbr-295	257	15	after	after	SCONJ
asfbr-295	257	16	9	9	NUM
asfbr-295	257	17	to	to	PART
asfbr-295	257	18	24	24	NUM
asfbr-295	257	19	months	month	NOUN
asfbr-295	257	20	lag	lag	VERB
asfbr-295	257	21	with	with	ADP
asfbr-295	257	22	2	2	NUM
asfbr-295	257	23	to	to	PART
asfbr-295	257	24	24	24	NUM
asfbr-295	257	25	months	month	NOUN
asfbr-295	257	26	lag	lag	VERB
asfbr-295	257	27	always	always	ADV
asfbr-295	257	28			AUX
asfbr-295	257	29	price	price	NOUN
asfbr-295	257	30	changes	change	NOUN
asfbr-295	257	31	affect	affect	VERB
asfbr-295	257	32	the	the	DET
asfbr-295	257	33	dollar	dollar	NOUN
asfbr-295	257	34	rate	rate	NOUN
asfbr-295	257	35	after	after	ADP
asfbr-295	257	36	1	1	NUM
asfbr-295	257	37	month	month	NOUN
asfbr-295	257	38	.	.	PUNCT
asfbr-295	258	1			X
asfbr-295	259	1	changes	change	NOUN
asfbr-295	259	2	in	in	ADP
asfbr-295	259	3	dollar	dollar	NOUN
asfbr-295	259	4	rate	rate	NOUN
asfbr-295	259	5	affect	affect	VERB
asfbr-295	259	6	cpi	cpi	PROPN
asfbr-295	259	7	in	in	ADP
asfbr-295	259	8	every	every	DET
asfbr-295	259	9	lag	lag	NOUN
asfbr-295	259	10	.	.	PUNCT
asfbr-295	260	1	in	in	ADP
asfbr-295	260	2	short	short	ADJ
asfbr-295	260	3	,	,	PUNCT
asfbr-295	260	4	with	with	ADP
asfbr-295	260	5	the	the	DET
asfbr-295	260	6	analysis	analysis	NOUN
asfbr-295	260	7	of	of	ADP
asfbr-295	260	8	the	the	DET
asfbr-295	260	9	above	above	ADJ
asfbr-295	260	10	conclusions	conclusion	NOUN
asfbr-295	260	11	,	,	PUNCT
asfbr-295	260	12	at	at	ADP
asfbr-295	260	13	95	95	NUM
asfbr-295	260	14	%	%	NOUN
asfbr-295	260	15	of	of	ADP
asfbr-295	260	16	significance	significance	NOUN
asfbr-295	260	17	level	level	NOUN
asfbr-295	260	18	,	,	PUNCT
asfbr-295	260	19	we	we	PRON
asfbr-295	260	20	can	can	AUX
asfbr-295	260	21	draw	draw	VERB
asfbr-295	260	22	the	the	DET
asfbr-295	260	23	following	follow	VERB
asfbr-295	260	24	diagram	diagram	NOUN
asfbr-295	260	25	:	:	PUNCT
asfbr-295	260	26	with	with	ADP
asfbr-295	260	27	3	3	NUM
asfbr-295	260	28	to	to	PART
asfbr-295	260	29	5	5	NUM
asfbr-295	260	30	months	month	NOUN
asfbr-295	260	31	lag	lag	VERB
asfbr-295	260	32	with	with	ADP
asfbr-295	260	33	23	23	NUM
asfbr-295	260	34	to	to	PART
asfbr-295	260	35	24	24	NUM
asfbr-295	260	36	months	month	NOUN
asfbr-295	260	37	lag	lag	VERB
asfbr-295	260	38	simple	simple	ADJ
asfbr-295	260	39	f	f	PROPN
asfbr-295	260	40	-	-	PUNCT
asfbr-295	260	41	statistics	statistic	NOUN
asfbr-295	260	42	number	number	NOUN
asfbr-295	260	43	of	of	ADP
asfbr-295	260	44	lags	lag	NOUN
asfbr-295	260	45	ddollar112	ddollar112	PROPN
asfbr-295	260	46	does	do	AUX
asfbr-295	260	47	not	not	PART
asfbr-295	260	48	granger	granger	AUX
asfbr-295	260	49	cause	cause	VERB
asfbr-295	260	50	dm2112	dm2112	PROPN
asfbr-295	260	51	dm2112	dm2112	PROPN
asfbr-295	260	52	does	do	AUX
asfbr-295	260	53	not	not	PART
asfbr-295	260	54	granger	granger	AUX
asfbr-295	260	55	cause	cause	VERB
asfbr-295	260	56	ddollar112	ddollar112	PROPN
asfbr-295	260	57	dcpi112	dcpi112	PROPN
asfbr-295	260	58	does	do	AUX
asfbr-295	260	59	not	not	PART
asfbr-295	260	60	granger	granger	AUX
asfbr-295	260	61	cause	cause	VERB
asfbr-295	260	62	dm2112	dm2112	PROPN
asfbr-295	260	63	dm2112	dm2112	PROPN
asfbr-295	260	64	does	do	AUX
asfbr-295	260	65	not	not	PART
asfbr-295	260	66	granger	granger	AUX
asfbr-295	260	67	cause	cause	VERB
asfbr-295	260	68	dcpi112	dcpi112	PROPN
asfbr-295	260	69	dcpi112	dcpi112	PROPN
asfbr-295	260	70	does	do	AUX
asfbr-295	260	71	not	not	PART
asfbr-295	260	72	granger	granger	AUX
asfbr-295	260	73	cause	cause	VERB
asfbr-295	260	74	ddollar112	ddollar112	PROPN
asfbr-295	260	75	ddollar112	ddollar112	PROPN
asfbr-295	260	76	does	do	AUX
asfbr-295	260	77	not	not	PART
asfbr-295	260	78	granger	granger	AUX
asfbr-295	260	79	cause	cause	VERB
asfbr-295	260	80	dcpi112	dcpi112	PROPN
asfbr-295	260	81	1	1	NUM
asfbr-295	260	82	2.754	2.754	NUM
asfbr-295	260	83	3.292	3.292	NUM
asfbr-295	260	84	0.148	0.148	NUM
asfbr-295	260	85	0.250	0.250	NUM
asfbr-295	260	86	2.257	2.257	NUM
asfbr-295	260	87	6.882	6.882	NUM
asfbr-295	260	88	2	2	NUM
asfbr-295	260	89	3.980	3.980	NUM
asfbr-295	260	90	1.220	1.220	NUM
asfbr-295	260	91	0.268	0.268	NUM
asfbr-295	260	92	0.784	0.784	NUM
asfbr-295	260	93	8.270	8.270	NUM
asfbr-295	260	94	4.553	4.553	NUM
asfbr-295	260	95	3	3	NUM
asfbr-295	260	96	6.872	6.872	NUM
asfbr-295	260	97	1.444	1.444	NUM
asfbr-295	260	98	0.071	0.071	NUM
asfbr-295	260	99	0.459	0.459	NUM
asfbr-295	260	100	5.796	5.796	NUM
asfbr-295	260	101	2.950	2.950	NUM
asfbr-295	260	102	4	4	NUM
asfbr-295	260	103	5.729	5.729	NUM
asfbr-295	260	104	0.857	0.857	NUM
asfbr-295	260	105	0.868	0.868	NUM
asfbr-295	260	106	0.356	0.356	NUM
asfbr-295	260	107	4.901	4.901	NUM
asfbr-295	260	108	3.784	3.784	NUM
asfbr-295	260	109	5	5	NUM
asfbr-295	260	110	4.883	4.883	NUM
asfbr-295	260	111	1.116	1.116	NUM
asfbr-295	260	112	1.408	1.408	NUM
asfbr-295	260	113	1.157	1.157	NUM
asfbr-295	260	114	6.056	6.056	NUM
asfbr-295	260	115	3.440	3.440	NUM
asfbr-295	260	116	6	6	NUM
asfbr-295	260	117	4.091	4.091	NUM
asfbr-295	260	118	1.626	1.626	NUM
asfbr-295	260	119	1.285	1.285	NUM
asfbr-295	260	120	1.291	1.291	NUM
asfbr-295	260	121	5.095	5.095	NUM
asfbr-295	260	122	3.334	3.334	NUM
asfbr-295	260	123	7	7	NUM
asfbr-295	260	124	4.776	4.776	NUM
asfbr-295	260	125	1.379	1.379	NUM
asfbr-295	260	126	1.302	1.302	NUM
asfbr-295	260	127	1.267	1.267	NUM
asfbr-295	260	128	5.383	5.383	NUM
asfbr-295	260	129	4.325	4.325	NUM
asfbr-295	260	130	8	8	NUM
asfbr-295	260	131	4.221	4.221	NUM
asfbr-295	260	132	1.150	1.150	NUM
asfbr-295	260	133	1.347	1.347	NUM
asfbr-295	260	134	0.961	0.961	NUM
asfbr-295	260	135	5.225	5.225	NUM
asfbr-295	260	136	3.775	3.775	NUM
asfbr-295	260	137	9	9	NUM
asfbr-295	260	138	4.345	4.345	NUM
asfbr-295	260	139	1.780	1.780	NUM
asfbr-295	260	140	3.038	3.038	NUM
asfbr-295	260	141	0.930	0.930	NUM
asfbr-295	260	142	4.265	4.265	NUM
asfbr-295	260	143	4.127	4.127	NUM
asfbr-295	260	144	10	10	NUM
asfbr-295	260	145	4.244	4.244	NUM
asfbr-295	260	146	1.747	1.747	NUM
asfbr-295	260	147	2.715	2.715	NUM
asfbr-295	260	148	0.818	0.818	NUM
asfbr-295	260	149	3.790	3.790	NUM
asfbr-295	260	150	3.657	3.657	NUM
asfbr-295	260	151	11	11	NUM
asfbr-295	260	152	3.918	3.918	NUM
asfbr-295	260	153	1.649	1.649	NUM
asfbr-295	260	154	2.496	2.496	NUM
asfbr-295	260	155	1.175	1.175	NUM
asfbr-295	260	156	3.367	3.367	NUM
asfbr-295	260	157	4.448	4.448	NUM
asfbr-295	260	158	12	12	NUM
asfbr-295	260	159	3.700	3.700	NUM
asfbr-295	260	160	0.742	0.742	NUM
asfbr-295	260	161	2.176	2.176	NUM
asfbr-295	260	162	1.859	1.859	NUM
asfbr-295	260	163	2.456	2.456	NUM
asfbr-295	260	164	2.577	2.577	NUM
asfbr-295	260	165	13	13	NUM
asfbr-295	260	166	3.403	3.403	NUM
asfbr-295	260	167	0.694	0.694	NUM
asfbr-295	260	168	2.137	2.137	NUM
asfbr-295	260	169	1.863	1.863	NUM
asfbr-295	260	170	2.335	2.335	NUM
asfbr-295	260	171	2.509	2.509	NUM
asfbr-295	260	172	14	14	NUM
asfbr-295	260	173	3.157	3.157	NUM
asfbr-295	260	174	0.671	0.671	NUM
asfbr-295	260	175	2.036	2.036	NUM
asfbr-295	260	176	2.014	2.014	NUM
asfbr-295	260	177	2.473	2.473	NUM
asfbr-295	260	178	2.339	2.339	NUM
asfbr-295	260	179	15	15	NUM
asfbr-295	260	180	2.780	2.780	NUM
asfbr-295	260	181	0.637	0.637	NUM
asfbr-295	260	182	2.075	2.075	NUM
asfbr-295	260	183	1.739	1.739	NUM
asfbr-295	260	184	2.198	2.198	NUM
asfbr-295	260	185	2.622	2.622	NUM
asfbr-295	260	186	16	16	NUM
asfbr-295	260	187	2.541	2.541	NUM
asfbr-295	260	188	0.696	0.696	NUM
asfbr-295	260	189	2.173	2.173	NUM
asfbr-295	260	190	1.959	1.959	NUM
asfbr-295	260	191	2.232	2.232	NUM
asfbr-295	260	192	2.250	2.250	NUM
asfbr-295	260	193	17	17	NUM
asfbr-295	260	194	2.505	2.505	NUM
asfbr-295	260	195	0.715	0.715	NUM
asfbr-295	260	196	2.197	2.197	NUM
asfbr-295	260	197	1.849	1.849	NUM
asfbr-295	260	198	2.107	2.107	NUM
asfbr-295	260	199	2.102	2.102	NUM
asfbr-295	260	200	liquidity	liquidity	NOUN
asfbr-295	260	201	dollar	dollar	NOUN
asfbr-295	260	202	rate	rate	NOUN
asfbr-295	260	203	prices	price	NOUN
asfbr-295	260	204	copyright	copyright	NOUN
asfbr-295	260	205	©	©	PROPN
asfbr-295	260	206	cc	cc	PROPN
asfbr-295	260	207	-	-	PUNCT
asfbr-295	260	208	by	by	ADP
asfbr-295	260	209	-	-	PUNCT
asfbr-295	260	210	nc	nc	PROPN
asfbr-295	260	211	2019	2019	NUM
asfbr-295	260	212	,	,	PUNCT
asfbr-295	260	213	cribfb	cribfb	PROPN
asfbr-295	260	214	|	|	ADV
asfbr-295	260	215	afbr	afbr	ADV
asfbr-295	260	216	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	260	217	asian	asian	ADJ
asfbr-295	260	218	finance	finance	PROPN
asfbr-295	260	219	&	&	CCONJ
asfbr-295	260	220	banking	banking	PROPN
asfbr-295	260	221	review	review	PROPN
asfbr-295	260	222	vol	vol	NOUN
asfbr-295	260	223	.	.	PROPN
asfbr-295	261	1	3	3	NUM
asfbr-295	261	2	,	,	PUNCT
asfbr-295	261	3	no	no	INTJ
asfbr-295	261	4	.	.	NOUN
asfbr-295	261	5	1	1	NUM
asfbr-295	261	6	;	;	PUNCT
asfbr-295	262	1	2019	2019	NUM
asfbr-295	262	2	54	54	NUM
asfbr-295	262	3	18	18	NUM
asfbr-295	262	4	2.345	2.345	NUM
asfbr-295	262	5	0.801	0.801	NUM
asfbr-295	262	6	2.433	2.433	NUM
asfbr-295	262	7	1.815	1.815	NUM
asfbr-295	262	8	2.227	2.227	NUM
asfbr-295	262	9	2.057	2.057	NUM
asfbr-295	262	10	19	19	NUM
asfbr-295	262	11	2.294	2.294	NUM
asfbr-295	262	12	0.943	0.943	NUM
asfbr-295	262	13	2.546	2.546	NUM
asfbr-295	262	14	1.699	1.699	NUM
asfbr-295	262	15	2.095	2.095	NUM
asfbr-295	262	16	1.992	1.992	NUM
asfbr-295	262	17	20	20	NUM
asfbr-295	262	18	2.320	2.320	NUM
asfbr-295	262	19	1.097	1.097	NUM
asfbr-295	262	20	2.382	2.382	NUM
asfbr-295	262	21	1.558	1.558	NUM
asfbr-295	262	22	1.998	1.998	NUM
asfbr-295	262	23	1.852	1.852	NUM
asfbr-295	262	24	21	21	NUM
asfbr-295	262	25	2.419	2.419	NUM
asfbr-295	262	26	1.050	1.050	NUM
asfbr-295	262	27	1.997	1.997	NUM
asfbr-295	262	28	1.629	1.629	NUM
asfbr-295	262	29	2.063	2.063	NUM
asfbr-295	262	30	1.866	1.866	NUM
asfbr-295	262	31	22	22	NUM
asfbr-295	262	32	2.753	2.753	NUM
asfbr-295	262	33	1.142	1.142	NUM
asfbr-295	262	34	1.801	1.801	NUM
asfbr-295	262	35	1.628	1.628	NUM
asfbr-295	262	36	2.185	2.185	NUM
asfbr-295	262	37	1.907	1.907	NUM
asfbr-295	262	38	23	23	NUM
asfbr-295	262	39	2.500	2.500	NUM
asfbr-295	262	40	1.620	1.620	NUM
asfbr-295	262	41	1.732	1.732	NUM
asfbr-295	262	42	1.640	1.640	NUM
asfbr-295	262	43	2.190	2.190	NUM
asfbr-295	262	44	1.862	1.862	NUM
asfbr-295	262	45	24	24	NUM
asfbr-295	262	46	2.363	2.363	NUM
asfbr-295	262	47	1.633	1.633	NUM
asfbr-295	262	48	1.634	1.634	NUM
asfbr-295	262	49	1.697	1.697	NUM
asfbr-295	262	50	1.591	1.591	NUM
asfbr-295	262	51	1.597	1.597	NUM
asfbr-295	262	52	simple	simple	ADJ
asfbr-295	262	53	probability	probability	NOUN
asfbr-295	262	54	number	number	NOUN
asfbr-295	262	55	of	of	ADP
asfbr-295	262	56	lags	lag	NOUN
asfbr-295	262	57	ddollar11	ddollar11	VERB
asfbr-295	262	58	2	2	NUM
asfbr-295	262	59	does	do	AUX
asfbr-295	262	60	not	not	PART
asfbr-295	262	61	granger	granger	VERB
asfbr-295	262	62	cause	cause	VERB
asfbr-295	262	63	dm2112	dm2112	PROPN
asfbr-295	262	64	dm2112	dm2112	PROPN
asfbr-295	262	65	does	do	AUX
asfbr-295	262	66	not	not	PART
asfbr-295	262	67	granger	granger	AUX
asfbr-295	262	68	cause	cause	VERB
asfbr-295	262	69	ddollar112	ddollar112	PROPN
asfbr-295	262	70	dcpi112	dcpi112	PROPN
asfbr-295	262	71	does	do	AUX
asfbr-295	262	72	not	not	PART
asfbr-295	262	73	granger	granger	AUX
asfbr-295	262	74	cause	cause	VERB
asfbr-295	262	75	dm2112	dm2112	PROPN
asfbr-295	262	76	dm2112	dm2112	PROPN
asfbr-295	262	77	does	do	AUX
asfbr-295	262	78	not	not	PART
asfbr-295	262	79	granger	granger	VERB
asfbr-295	262	80	cause	cause	VERB
asfbr-295	262	81	dcpi112	dcpi112	PROPN
asfbr-295	262	82	dcpi112	dcpi112	PROPN
asfbr-295	262	83	does	do	AUX
asfbr-295	262	84	not	not	PART
asfbr-295	262	85	granger	granger	AUX
asfbr-295	262	86	cause	cause	VERB
asfbr-295	262	87	ddollar112	ddollar112	PROPN
asfbr-295	262	88	ddollar11	ddollar11	PROPN
asfbr-295	262	89	2	2	NUM
asfbr-295	262	90	does	do	AUX
asfbr-295	262	91	not	not	PART
asfbr-295	262	92	granger	granger	VERB
asfbr-295	262	93	cause	cause	VERB
asfbr-295	262	94	dcpi112	dcpi112	PROPN
asfbr-295	262	95	1	1	NUM
asfbr-295	262	96	0.098	0.098	NUM
asfbr-295	262	97	0.071	0.071	NUM
asfbr-295	262	98	0.700	0.700	NUM
asfbr-295	262	99	0.617	0.617	NUM
asfbr-295	262	100	0.134	0.134	NUM
asfbr-295	262	101	0.009	0.009	NUM
asfbr-295	262	102	2	2	NUM
asfbr-295	262	103	0.020	0.020	NUM
asfbr-295	262	104	0.297	0.297	NUM
asfbr-295	262	105	0.764	0.764	NUM
asfbr-295	262	106	0.457	0.457	NUM
asfbr-295	262	107	0.000	0.000	NUM
asfbr-295	262	108	0.011	0.011	NUM
asfbr-295	262	109	3	3	NUM
asfbr-295	262	110	0.000	0.000	NUM
asfbr-295	262	111	0.231	0.231	NUM
asfbr-295	262	112	0.975	0.975	NUM
asfbr-295	262	113	0.710	0.710	NUM
asfbr-295	262	114	0.000	0.000	NUM
asfbr-295	262	115	0.034	0.034	NUM
asfbr-295	262	116	4	4	NUM
asfbr-295	262	117	0.000	0.000	NUM
asfbr-295	262	118	0.490	0.490	NUM
asfbr-295	262	119	0.483	0.483	NUM
asfbr-295	262	120	0.839	0.839	NUM
asfbr-295	262	121	0.000	0.000	NUM
asfbr-295	262	122	0.005	0.005	NUM
asfbr-295	262	123	5	5	NUM
asfbr-295	262	124	0.000	0.000	NUM
asfbr-295	262	125	0.353	0.353	NUM
asfbr-295	262	126	0.223	0.223	NUM
asfbr-295	262	127	0.332	0.332	NUM
asfbr-295	262	128	0.000	0.000	NUM
asfbr-295	262	129	0.005	0.005	NUM
asfbr-295	262	130	6	6	NUM
asfbr-295	262	131	0.000	0.000	NUM
asfbr-295	262	132	0.143	0.143	NUM
asfbr-295	262	133	0.266	0.266	NUM
asfbr-295	262	134	0.263	0.263	NUM
asfbr-295	262	135	0.000	0.000	NUM
asfbr-295	262	136	0.004	0.004	NUM
asfbr-295	262	137	7	7	NUM
asfbr-295	262	138	0.000	0.000	NUM
asfbr-295	262	139	0.217	0.217	NUM
asfbr-295	262	140	0.251	0.251	NUM
asfbr-295	262	141	0.268	0.268	NUM
asfbr-295	262	142	0.000	0.000	NUM
asfbr-295	262	143	0.000	0.000	NUM
asfbr-295	262	144	8	8	NUM
asfbr-295	262	145	0.000	0.000	NUM
asfbr-295	262	146	0.333	0.333	NUM
asfbr-295	262	147	0.222	0.222	NUM
asfbr-295	262	148	0.467	0.467	NUM
asfbr-295	262	149	0.000	0.000	NUM
asfbr-295	262	150	0.000	0.000	NUM
asfbr-295	262	151	9	9	NUM
asfbr-295	262	152	0.000	0.000	NUM
asfbr-295	262	153	0.076	0.076	NUM
asfbr-295	262	154	0.002	0.002	NUM
asfbr-295	262	155	0.499	0.499	NUM
asfbr-295	262	156	0.000	0.000	NUM
asfbr-295	262	157	0.000	0.000	NUM
asfbr-295	262	158	10	10	NUM
asfbr-295	262	159	0.000	0.000	NUM
asfbr-295	262	160	0.075	0.075	NUM
asfbr-295	262	161	0.004	0.004	NUM
asfbr-295	262	162	0.611	0.611	NUM
asfbr-295	262	163	0.000	0.000	NUM
asfbr-295	262	164	0.000	0.000	NUM
asfbr-295	262	165	11	11	NUM
asfbr-295	262	166	0.000	0.000	NUM
asfbr-295	262	167	0.091	0.091	NUM
asfbr-295	262	168	0.006	0.006	NUM
asfbr-295	262	169	0.307	0.307	NUM
asfbr-295	262	170	0.000	0.000	NUM
asfbr-295	262	171	0.000	0.000	NUM
asfbr-295	262	172	12	12	NUM
asfbr-295	262	173	0.000	0.000	NUM
asfbr-295	262	174	0.707	0.707	NUM
asfbr-295	262	175	0.014	0.014	NUM
asfbr-295	262	176	0.042	0.042	NUM
asfbr-295	262	177	0.006	0.006	NUM
asfbr-295	262	178	0.004	0.004	NUM
asfbr-295	262	179	13	13	NUM
asfbr-295	262	180	0.000	0.000	NUM
asfbr-295	262	181	0.766	0.766	NUM
asfbr-295	262	182	0.014	0.014	NUM
asfbr-295	262	183	0.037	0.037	NUM
asfbr-295	262	184	0.007	0.007	NUM
asfbr-295	262	185	0.004	0.004	NUM
asfbr-295	262	186	14	14	NUM
asfbr-295	262	187	0.000	0.000	NUM
asfbr-295	262	188	0.799	0.799	NUM
asfbr-295	262	189	0.017	0.017	NUM
asfbr-295	262	190	0.019	0.019	NUM
asfbr-295	262	191	0.003	0.003	NUM
asfbr-295	262	192	0.006	0.006	NUM
asfbr-295	262	193	15	15	NUM
asfbr-295	262	194	0.000	0.000	NUM
asfbr-295	262	195	0.839	0.839	NUM
asfbr-295	262	196	0.013	0.013	NUM
asfbr-295	262	197	0.048	0.048	NUM
asfbr-295	262	198	0.009	0.009	NUM
asfbr-295	262	199	0.001	0.001	NUM
asfbr-295	262	200	16	16	NUM
asfbr-295	262	201	0.001	0.001	NUM
asfbr-295	262	202	0.793	0.793	NUM
asfbr-295	262	203	0.007	0.007	NUM
asfbr-295	262	204	0.018	0.018	NUM
asfbr-295	262	205	0.006	0.006	NUM
asfbr-295	262	206	0.006	0.006	NUM
asfbr-295	262	207	simple	simple	ADJ
asfbr-295	262	208	0.000	0.000	NUM
asfbr-295	262	209	1.000	1.000	NUM
asfbr-295	262	210	2.000	2.000	NUM
asfbr-295	262	211	3.000	3.000	NUM
asfbr-295	262	212	4.000	4.000	NUM
asfbr-295	262	213	5.000	5.000	NUM
asfbr-295	262	214	6.000	6.000	NUM
asfbr-295	262	215	7.000	7.000	NUM
asfbr-295	262	216	8.000	8.000	NUM
asfbr-295	262	217	9.000	9.000	NUM
asfbr-295	262	218	1	1	NUM
asfbr-295	262	219	2	2	NUM
asfbr-295	262	220	3	3	NUM
asfbr-295	262	221	4	4	NUM
asfbr-295	262	222	5	5	NUM
asfbr-295	262	223	6	6	NUM
asfbr-295	262	224	7	7	NUM
asfbr-295	262	225	8	8	NUM
asfbr-295	262	226	9	9	NUM
asfbr-295	262	227	10	10	NUM
asfbr-295	262	228	11	11	NUM
asfbr-295	262	229	12	12	NUM
asfbr-295	262	230	13	13	NUM
asfbr-295	262	231	14	14	NUM
asfbr-295	262	232	15	15	NUM
asfbr-295	262	233	16	16	NUM
asfbr-295	262	234	17	17	NUM
asfbr-295	262	235	18	18	NUM
asfbr-295	262	236	19	19	NUM
asfbr-295	262	237	20	20	NUM
asfbr-295	262	238	21	21	NUM
asfbr-295	262	239	22	22	NUM
asfbr-295	262	240	23	23	NUM
asfbr-295	262	241	24	24	NUM
asfbr-295	262	242	lags	lag	NOUN
asfbr-295	262	243	f	f	PROPN
asfbr-295	262	244	st	st	PROPN
asfbr-295	262	245	at	at	ADP
asfbr-295	262	246	is	be	AUX
asfbr-295	262	247	tic	tic	ADJ
asfbr-295	262	248	ddollar112	ddollar112	PROPN
asfbr-295	262	249	does	do	AUX
asfbr-295	262	250	not	not	PART
asfbr-295	262	251	granger	granger	AUX
asfbr-295	262	252	cause	cause	VERB
asfbr-295	262	253	dm2112	dm2112	PROPN
asfbr-295	262	254	dm2112	dm2112	PROPN
asfbr-295	262	255	does	do	AUX
asfbr-295	262	256	not	not	PART
asfbr-295	262	257	granger	granger	AUX
asfbr-295	262	258	cause	cause	VERB
asfbr-295	262	259	ddollar112	ddollar112	PROPN
asfbr-295	262	260	dcpi112	dcpi112	PROPN
asfbr-295	262	261	does	do	AUX
asfbr-295	262	262	not	not	PART
asfbr-295	262	263	granger	granger	AUX
asfbr-295	262	264	cause	cause	VERB
asfbr-295	262	265	dm2112	dm2112	PROPN
asfbr-295	262	266	dm2112	dm2112	PROPN
asfbr-295	262	267	does	do	AUX
asfbr-295	262	268	not	not	PART
asfbr-295	262	269	granger	granger	VERB
asfbr-295	262	270	cause	cause	VERB
asfbr-295	262	271	dcpi112	dcpi112	PROPN
asfbr-295	262	272	dcpi112	dcpi112	PROPN
asfbr-295	262	273	does	do	AUX
asfbr-295	262	274	not	not	PART
asfbr-295	262	275	granger	granger	AUX
asfbr-295	262	276	cause	cause	VERB
asfbr-295	262	277	ddollar112	ddollar112	PROPN
asfbr-295	262	278	ddollar112	ddollar112	PROPN
asfbr-295	262	279	does	do	AUX
asfbr-295	262	280	not	not	PART
asfbr-295	262	281	granger	granger	VERB
asfbr-295	262	282	cause	cause	VERB
asfbr-295	262	283	dcpi112	dcpi112	PROPN
asfbr-295	262	284	copyright	copyright	PROPN
asfbr-295	263	1	©	©	PROPN
asfbr-295	263	2	cc	cc	PROPN
asfbr-295	263	3	-	-	PUNCT
asfbr-295	263	4	by	by	ADP
asfbr-295	263	5	-	-	PUNCT
asfbr-295	263	6	nc	nc	PROPN
asfbr-295	263	7	2019	2019	NUM
asfbr-295	263	8	,	,	PUNCT
asfbr-295	263	9	cribfb	cribfb	PROPN
asfbr-295	263	10	|	|	ADV
asfbr-295	263	11	afbr	afbr	ADV
asfbr-295	263	12	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	263	13	asian	asian	ADJ
asfbr-295	263	14	finance	finance	PROPN
asfbr-295	263	15	&	&	CCONJ
asfbr-295	263	16	banking	banking	PROPN
asfbr-295	263	17	review	review	PROPN
asfbr-295	263	18	vol	vol	NOUN
asfbr-295	263	19	.	.	PROPN
asfbr-295	264	1	3	3	NUM
asfbr-295	264	2	,	,	PUNCT
asfbr-295	264	3	no	no	INTJ
asfbr-295	264	4	.	.	NOUN
asfbr-295	264	5	1	1	NUM
asfbr-295	264	6	;	;	PUNCT
asfbr-295	265	1	2019	2019	NUM
asfbr-295	265	2	55	55	NUM
asfbr-295	265	3	17	17	NUM
asfbr-295	265	4	0.001	0.001	NUM
asfbr-295	265	5	0.782	0.782	NUM
asfbr-295	265	6	0.006	0.006	NUM
asfbr-295	265	7	0.026	0.026	NUM
asfbr-295	265	8	0.010	0.010	NUM
asfbr-295	265	9	0.010	0.010	NUM
asfbr-295	265	10	18	18	NUM
asfbr-295	265	11	0.003	0.003	NUM
asfbr-295	265	12	0.695	0.695	NUM
asfbr-295	265	13	0.001	0.001	NUM
asfbr-295	265	14	0.027	0.027	NUM
asfbr-295	265	15	0.005	0.005	NUM
asfbr-295	265	16	0.011	0.011	NUM
asfbr-295	265	17	19	19	NUM
asfbr-295	265	18	0.003	0.003	NUM
asfbr-295	265	19	0.531	0.531	NUM
asfbr-295	265	20	0.000	0.000	NUM
asfbr-295	265	21	0.041	0.041	NUM
asfbr-295	265	22	0.008	0.008	NUM
asfbr-295	265	23	0.013	0.013	NUM
asfbr-295	265	24	20	20	NUM
asfbr-295	265	25	0.002	0.002	NUM
asfbr-295	265	26	0.361	0.361	NUM
asfbr-295	265	27	0.001	0.001	NUM
asfbr-295	265	28	0.070	0.070	NUM
asfbr-295	265	29	0.011	0.011	NUM
asfbr-295	265	30	0.022	0.022	NUM
asfbr-295	265	31	21	21	NUM
asfbr-295	265	32	0.001	0.001	NUM
asfbr-295	265	33	0.411	0.411	NUM
asfbr-295	265	34	0.009	0.009	NUM
asfbr-295	265	35	0.049	0.049	NUM
asfbr-295	265	36	0.008	0.008	NUM
asfbr-295	265	37	0.019	0.019	NUM
asfbr-295	265	38	22	22	NUM
asfbr-295	265	39	0.000	0.000	NUM
asfbr-295	265	40	0.314	0.314	NUM
asfbr-295	265	41	0.021	0.021	NUM
asfbr-295	265	42	0.047	0.047	NUM
asfbr-295	265	43	0.004	0.004	NUM
asfbr-295	265	44	0.015	0.015	NUM
asfbr-295	265	45	23	23	NUM
asfbr-295	265	46	0.000	0.000	NUM
asfbr-295	265	47	0.051	0.051	NUM
asfbr-295	265	48	0.027	0.027	NUM
asfbr-295	265	49	0.042	0.042	NUM
asfbr-295	265	50	0.003	0.003	NUM
asfbr-295	265	51	0.017	0.017	NUM
asfbr-295	265	52	24	24	NUM
asfbr-295	265	53	0.001	0.001	NUM
asfbr-295	265	54	0.047	0.047	NUM
asfbr-295	265	55	0.041	0.041	NUM
asfbr-295	265	56	0.030	0.030	NUM
asfbr-295	265	57	0.056	0.056	NUM
asfbr-295	265	58	0.055	0.055	NUM
asfbr-295	265	59	the	the	DET
asfbr-295	265	60	same	same	ADJ
asfbr-295	265	61	study	study	NOUN
asfbr-295	265	62	regarding	regard	VERB
asfbr-295	265	63	the	the	DET
asfbr-295	265	64	logarithms	logarithm	NOUN
asfbr-295	265	65	of	of	ADP
asfbr-295	265	66	the	the	DET
asfbr-295	265	67	variables	variable	NOUN
asfbr-295	265	68	gives	give	VERB
asfbr-295	265	69	the	the	DET
asfbr-295	265	70	following	follow	VERB
asfbr-295	265	71	conclusions	conclusion	NOUN
asfbr-295	265	72	:	:	PUNCT
asfbr-295	265	73			X
asfbr-295	265	74	change	change	NOUN
asfbr-295	265	75	of	of	ADP
asfbr-295	265	76	dollar	dollar	NOUN
asfbr-295	265	77	rate	rate	NOUN
asfbr-295	265	78	affects	affect	VERB
asfbr-295	265	79	liquidity	liquidity	NOUN
asfbr-295	265	80	after	after	ADP
asfbr-295	265	81	3	3	NUM
asfbr-295	265	82	to	to	PART
asfbr-295	265	83	5	5	NUM
asfbr-295	265	84	months	month	NOUN
asfbr-295	265	85	.	.	PUNCT
asfbr-295	266	1			PART
asfbr-295	267	1	change	change	NOUN
asfbr-295	267	2	of	of	ADP
asfbr-295	267	3	liquidity	liquidity	NOUN
asfbr-295	267	4	does	do	AUX
asfbr-295	267	5	not	not	PART
asfbr-295	267	6	affect	affect	VERB
asfbr-295	267	7	the	the	DET
asfbr-295	267	8	dollar	dollar	NOUN
asfbr-295	267	9	rate	rate	NOUN
asfbr-295	267	10	.	.	PUNCT
asfbr-295	268	1			X
asfbr-295	268	2	price	price	NOUN
asfbr-295	268	3	changes	change	NOUN
asfbr-295	268	4	after	after	ADP
asfbr-295	268	5	3	3	NUM
asfbr-295	268	6	months	month	NOUN
asfbr-295	268	7	affect	affect	VERB
asfbr-295	268	8	liquidity	liquidity	NOUN
asfbr-295	268	9	.	.	PUNCT
asfbr-295	269	1			PART
asfbr-295	270	1	liquidity	liquidity	NOUN
asfbr-295	270	2	change	change	NOUN
asfbr-295	270	3	does	do	AUX
asfbr-295	270	4	not	not	PART
asfbr-295	270	5	affect	affect	VERB
asfbr-295	270	6	prices	price	NOUN
asfbr-295	270	7	.	.	PUNCT
asfbr-295	271	1			PART
asfbr-295	271	2	price	price	NOUN
asfbr-295	271	3	changes	change	NOUN
asfbr-295	271	4	after	after	ADP
asfbr-295	271	5	6	6	NUM
asfbr-295	271	6	to	to	PART
asfbr-295	271	7	11	11	NUM
asfbr-295	271	8	months	month	NOUN
asfbr-295	271	9	and	and	CCONJ
asfbr-295	271	10	also	also	ADV
asfbr-295	271	11	after	after	ADP
asfbr-295	271	12	13	13	NUM
asfbr-295	271	13	to	to	PART
asfbr-295	271	14	15	15	NUM
asfbr-295	271	15	months	month	NOUN
asfbr-295	271	16	causes	cause	VERB
asfbr-295	271	17	changes	change	NOUN
asfbr-295	271	18	in	in	ADP
asfbr-295	271	19	the	the	DET
asfbr-295	271	20	dollar	dollar	NOUN
asfbr-295	271	21	rate	rate	NOUN
asfbr-295	271	22	.	.	PUNCT
asfbr-295	272	1			PART
asfbr-295	273	1	changes	change	NOUN
asfbr-295	273	2	in	in	ADP
asfbr-295	273	3	dollar	dollar	NOUN
asfbr-295	273	4	rate	rate	NOUN
asfbr-295	273	5	causes	cause	VERB
asfbr-295	273	6	changes	change	NOUN
asfbr-295	273	7	in	in	ADP
asfbr-295	273	8	prices	price	NOUN
asfbr-295	273	9	after	after	ADP
asfbr-295	273	10	11	11	NUM
asfbr-295	273	11	months	month	NOUN
asfbr-295	273	12	.	.	PUNCT
asfbr-295	274	1	in	in	ADP
asfbr-295	274	2	short	short	ADJ
asfbr-295	274	3	,	,	PUNCT
asfbr-295	274	4	the	the	DET
asfbr-295	274	5	above	above	ADJ
asfbr-295	274	6	conclusions	conclusion	NOUN
asfbr-295	274	7	can	can	AUX
asfbr-295	274	8	be	be	AUX
asfbr-295	274	9	shown	show	VERB
asfbr-295	274	10	at	at	ADP
asfbr-295	274	11	a	a	DET
asfbr-295	274	12	95	95	NUM
asfbr-295	274	13	%	%	NOUN
asfbr-295	274	14	level	level	NOUN
asfbr-295	274	15	of	of	ADP
asfbr-295	274	16	significance	significance	NOUN
asfbr-295	274	17	in	in	ADP
asfbr-295	274	18	the	the	DET
asfbr-295	274	19	diagram	diagram	NOUN
asfbr-295	274	20	below	below	ADV
asfbr-295	274	21	:	:	PUNCT
asfbr-295	274	22	with	with	SCONJ
asfbr-295	274	23	3	3	NUM
asfbr-295	274	24	to	to	PART
asfbr-295	274	25	5	5	NUM
asfbr-295	274	26	months	month	NOUN
asfbr-295	274	27	lag	lag	VERB
asfbr-295	274	28	simple	simple	ADJ
asfbr-295	274	29	0.000	0.000	NUM
asfbr-295	274	30	0.200	0.200	NUM
asfbr-295	274	31	0.400	0.400	NUM
asfbr-295	274	32	0.600	0.600	NUM
asfbr-295	274	33	0.800	0.800	NUM
asfbr-295	274	34	1.000	1.000	NUM
asfbr-295	274	35	1.200	1.200	NUM
asfbr-295	274	36	1	1	NUM
asfbr-295	274	37	2	2	NUM
asfbr-295	274	38	3	3	NUM
asfbr-295	274	39	4	4	NUM
asfbr-295	274	40	5	5	NUM
asfbr-295	274	41	6	6	NUM
asfbr-295	274	42	7	7	NUM
asfbr-295	274	43	8	8	NUM
asfbr-295	274	44	9	9	NUM
asfbr-295	274	45	10	10	NUM
asfbr-295	274	46	11	11	NUM
asfbr-295	274	47	12	12	NUM
asfbr-295	274	48	13	13	NUM
asfbr-295	274	49	14	14	NUM
asfbr-295	274	50	15	15	NUM
asfbr-295	274	51	16	16	NUM
asfbr-295	274	52	17	17	NUM
asfbr-295	274	53	18	18	NUM
asfbr-295	274	54	19	19	NUM
asfbr-295	274	55	20	20	NUM
asfbr-295	274	56	21	21	NUM
asfbr-295	274	57	22	22	NUM
asfbr-295	274	58	23	23	NUM
asfbr-295	274	59	24	24	NUM
asfbr-295	274	60	lags	lag	NOUN
asfbr-295	274	61	pr	pr	VERB
asfbr-295	274	62	ob	ob	ADP
asfbr-295	274	63	ab	ab	PROPN
asfbr-295	274	64	ili	ili	PROPN
asfbr-295	275	1	ty	ty	INTJ
asfbr-295	275	2	ddollar112	ddollar112	PROPN
asfbr-295	275	3	does	do	AUX
asfbr-295	275	4	not	not	PART
asfbr-295	275	5	granger	granger	AUX
asfbr-295	275	6	cause	cause	VERB
asfbr-295	275	7	dm2112	dm2112	PROPN
asfbr-295	275	8	dm2112	dm2112	PROPN
asfbr-295	275	9	does	do	AUX
asfbr-295	275	10	not	not	PART
asfbr-295	275	11	granger	granger	AUX
asfbr-295	275	12	cause	cause	VERB
asfbr-295	275	13	ddollar112	ddollar112	PROPN
asfbr-295	275	14	dcpi112	dcpi112	PROPN
asfbr-295	275	15	does	do	AUX
asfbr-295	275	16	not	not	PART
asfbr-295	275	17	granger	granger	AUX
asfbr-295	275	18	cause	cause	VERB
asfbr-295	275	19	dm2112	dm2112	PROPN
asfbr-295	275	20	dm2112	dm2112	PROPN
asfbr-295	275	21	does	do	AUX
asfbr-295	275	22	not	not	PART
asfbr-295	275	23	granger	granger	VERB
asfbr-295	275	24	cause	cause	VERB
asfbr-295	275	25	dcpi112	dcpi112	PROPN
asfbr-295	275	26	dcpi112	dcpi112	PROPN
asfbr-295	275	27	does	do	AUX
asfbr-295	275	28	not	not	PART
asfbr-295	275	29	granger	granger	AUX
asfbr-295	275	30	cause	cause	VERB
asfbr-295	275	31	ddollar112	ddollar112	PROPN
asfbr-295	275	32	ddollar112	ddollar112	PROPN
asfbr-295	275	33	does	do	AUX
asfbr-295	275	34	not	not	PART
asfbr-295	275	35	granger	granger	VERB
asfbr-295	275	36	cause	cause	VERB
asfbr-295	275	37	dcpi112	dcpi112	PROPN
asfbr-295	275	38	liquidity	liquidity	NOUN
asfbr-295	275	39	dollar	dollar	NOUN
asfbr-295	275	40	rate	rate	NOUN
asfbr-295	275	41	prices	price	NOUN
asfbr-295	276	1	copyright	copyright	NOUN
asfbr-295	276	2	©	©	PROPN
asfbr-295	276	3	cc	cc	PROPN
asfbr-295	276	4	-	-	PUNCT
asfbr-295	276	5	by	by	ADP
asfbr-295	276	6	-	-	PUNCT
asfbr-295	276	7	nc	nc	PROPN
asfbr-295	276	8	2019	2019	NUM
asfbr-295	276	9	,	,	PUNCT
asfbr-295	276	10	cribfb	cribfb	PROPN
asfbr-295	276	11	|	|	ADV
asfbr-295	276	12	afbr	afbr	ADV
asfbr-295	276	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	276	14	asian	asian	ADJ
asfbr-295	276	15	finance	finance	PROPN
asfbr-295	276	16	&	&	CCONJ
asfbr-295	276	17	banking	banking	PROPN
asfbr-295	276	18	review	review	PROPN
asfbr-295	276	19	vol	vol	NOUN
asfbr-295	276	20	.	.	PROPN
asfbr-295	277	1	3	3	NUM
asfbr-295	277	2	,	,	PUNCT
asfbr-295	277	3	no	no	INTJ
asfbr-295	277	4	.	.	NOUN
asfbr-295	277	5	1	1	NUM
asfbr-295	277	6	;	;	PUNCT
asfbr-295	277	7	2019	2019	NUM
asfbr-295	277	8	56	56	NUM
asfbr-295	277	9	log	log	NOUN
asfbr-295	277	10	f	f	NOUN
asfbr-295	277	11	-	-	PUNCT
asfbr-295	277	12	statistics	statistic	NOUN
asfbr-295	277	13	no	no	INTJ
asfbr-295	277	14	.	.	PUNCT
asfbr-295	277	15	of	of	ADP
asfbr-295	277	16	lags	lag	NOUN
asfbr-295	277	17	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	18	does	do	AUX
asfbr-295	277	19	not	not	PART
asfbr-295	277	20	granger	granger	VERB
asfbr-295	277	21	cause	cause	VERB
asfbr-295	277	22	dlogm2112	dlogm2112	PROPN
asfbr-295	277	23	dlogm2112	dlogm2112	PROPN
asfbr-295	277	24	does	do	AUX
asfbr-295	277	25	not	not	PART
asfbr-295	277	26	granger	granger	AUX
asfbr-295	277	27	cause	cause	VERB
asfbr-295	277	28	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	29	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	30	does	do	AUX
asfbr-295	277	31	not	not	PART
asfbr-295	277	32	granger	granger	VERB
asfbr-295	277	33	cause	cause	VERB
asfbr-295	277	34	dlogm2112	dlogm2112	PROPN
asfbr-295	277	35	dlogm2112	dlogm2112	PROPN
asfbr-295	277	36	does	do	AUX
asfbr-295	277	37	not	not	PART
asfbr-295	277	38	granger	granger	AUX
asfbr-295	277	39	cause	cause	VERB
asfbr-295	277	40	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	41	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	42	does	do	AUX
asfbr-295	277	43	not	not	PART
asfbr-295	277	44	granger	granger	VERB
asfbr-295	277	45	cause	cause	VERB
asfbr-295	277	46	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	47	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	48	does	do	AUX
asfbr-295	277	49	not	not	PART
asfbr-295	277	50	granger	granger	AUX
asfbr-295	277	51	cause	cause	VERB
asfbr-295	277	52	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	53	1	1	NUM
asfbr-295	277	54	0.640	0.640	NUM
asfbr-295	277	55	0.025	0.025	NUM
asfbr-295	277	56	3.308	3.308	NUM
asfbr-295	277	57	0.374	0.374	NUM
asfbr-295	277	58	0.441	0.441	NUM
asfbr-295	277	59	0.274	0.274	NUM
asfbr-295	277	60	2	2	NUM
asfbr-295	277	61	1.910	1.910	NUM
asfbr-295	277	62	1.789	1.789	NUM
asfbr-295	277	63	1.586	1.586	NUM
asfbr-295	277	64	0.226	0.226	NUM
asfbr-295	277	65	0.273	0.273	NUM
asfbr-295	277	66	1.323	1.323	NUM
asfbr-295	277	67	3	3	NUM
asfbr-295	277	68	4.043	4.043	NUM
asfbr-295	277	69	1.127	1.127	NUM
asfbr-295	277	70	2.737	2.737	NUM
asfbr-295	277	71	0.405	0.405	NUM
asfbr-295	277	72	1.006	1.006	NUM
asfbr-295	277	73	1.093	1.093	NUM
asfbr-295	277	74	4	4	NUM
asfbr-295	277	75	3.175	3.175	NUM
asfbr-295	277	76	0.814	0.814	NUM
asfbr-295	277	77	2.097	2.097	NUM
asfbr-295	277	78	0.341	0.341	NUM
asfbr-295	277	79	0.686	0.686	NUM
asfbr-295	277	80	0.879	0.879	NUM
asfbr-295	277	81	5	5	NUM
asfbr-295	277	82	2.397	2.397	NUM
asfbr-295	277	83	1.061	1.061	NUM
asfbr-295	277	84	1.734	1.734	NUM
asfbr-295	277	85	0.923	0.923	NUM
asfbr-295	277	86	1.811	1.811	NUM
asfbr-295	277	87	1.007	1.007	NUM
asfbr-295	277	88	6	6	NUM
asfbr-295	277	89	1.966	1.966	NUM
asfbr-295	277	90	0.972	0.972	NUM
asfbr-295	277	91	1.408	1.408	NUM
asfbr-295	277	92	0.763	0.763	NUM
asfbr-295	277	93	2.467	2.467	NUM
asfbr-295	277	94	1.271	1.271	NUM
asfbr-295	277	95	7	7	NUM
asfbr-295	277	96	1.809	1.809	NUM
asfbr-295	277	97	0.959	0.959	NUM
asfbr-295	277	98	1.351	1.351	NUM
asfbr-295	277	99	0.643	0.643	NUM
asfbr-295	277	100	2.368	2.368	NUM
asfbr-295	277	101	1.007	1.007	NUM
asfbr-295	277	102	8	8	NUM
asfbr-295	277	103	1.614	1.614	NUM
asfbr-295	277	104	0.945	0.945	NUM
asfbr-295	277	105	1.166	1.166	NUM
asfbr-295	277	106	0.527	0.527	NUM
asfbr-295	277	107	2.274	2.274	NUM
asfbr-295	277	108	0.920	0.920	NUM
asfbr-295	277	109	9	9	NUM
asfbr-295	277	110	1.752	1.752	NUM
asfbr-295	277	111	0.921	0.921	NUM
asfbr-295	277	112	1.552	1.552	NUM
asfbr-295	277	113	0.570	0.570	NUM
asfbr-295	277	114	2.102	2.102	NUM
asfbr-295	277	115	0.836	0.836	NUM
asfbr-295	277	116	10	10	NUM
asfbr-295	277	117	1.544	1.544	NUM
asfbr-295	277	118	1.029	1.029	NUM
asfbr-295	277	119	1.393	1.393	NUM
asfbr-295	277	120	0.629	0.629	NUM
asfbr-295	277	121	2.449	2.449	NUM
asfbr-295	277	122	0.881	0.881	NUM
asfbr-295	277	123	11	11	NUM
asfbr-295	277	124	1.425	1.425	NUM
asfbr-295	277	125	1.661	1.661	NUM
asfbr-295	277	126	1.263	1.263	NUM
asfbr-295	277	127	0.917	0.917	NUM
asfbr-295	277	128	2.120	2.120	NUM
asfbr-295	277	129	2.077	2.077	NUM
asfbr-295	277	130	12	12	NUM
asfbr-295	277	131	0.875	0.875	NUM
asfbr-295	277	132	0.874	0.874	NUM
asfbr-295	277	133	0.826	0.826	NUM
asfbr-295	277	134	0.413	0.413	NUM
asfbr-295	277	135	1.455	1.455	NUM
asfbr-295	277	136	1.519	1.519	NUM
asfbr-295	277	137	13	13	NUM
asfbr-295	277	138	0.742	0.742	NUM
asfbr-295	277	139	0.796	0.796	NUM
asfbr-295	277	140	0.851	0.851	NUM
asfbr-295	277	141	0.385	0.385	NUM
asfbr-295	277	142	1.920	1.920	NUM
asfbr-295	277	143	2.059	2.059	NUM
asfbr-295	277	144	14	14	NUM
asfbr-295	277	145	0.660	0.660	NUM
asfbr-295	277	146	0.722	0.722	NUM
asfbr-295	277	147	0.697	0.697	NUM
asfbr-295	277	148	0.483	0.483	NUM
asfbr-295	277	149	1.823	1.823	NUM
asfbr-295	277	150	1.819	1.819	NUM
asfbr-295	277	151	15	15	NUM
asfbr-295	277	152	0.644	0.644	NUM
asfbr-295	277	153	0.731	0.731	NUM
asfbr-295	277	154	0.721	0.721	NUM
asfbr-295	277	155	0.475	0.475	NUM
asfbr-295	277	156	2.180	2.180	NUM
asfbr-295	277	157	2.779	2.779	NUM
asfbr-295	277	158	16	16	NUM
asfbr-295	277	159	0.593	0.593	NUM
asfbr-295	277	160	0.823	0.823	NUM
asfbr-295	277	161	0.780	0.780	NUM
asfbr-295	277	162	0.540	0.540	NUM
asfbr-295	277	163	1.555	1.555	NUM
asfbr-295	277	164	2.759	2.759	NUM
asfbr-295	277	165	17	17	NUM
asfbr-295	277	166	0.698	0.698	NUM
asfbr-295	277	167	0.773	0.773	NUM
asfbr-295	277	168	0.855	0.855	NUM
asfbr-295	277	169	0.480	0.480	NUM
asfbr-295	277	170	1.475	1.475	NUM
asfbr-295	277	171	2.558	2.558	NUM
asfbr-295	277	172	18	18	NUM
asfbr-295	277	173	0.720	0.720	NUM
asfbr-295	277	174	0.769	0.769	NUM
asfbr-295	277	175	0.910	0.910	NUM
asfbr-295	277	176	0.560	0.560	NUM
asfbr-295	277	177	1.580	1.580	NUM
asfbr-295	277	178	2.193	2.193	NUM
asfbr-295	277	179	19	19	NUM
asfbr-295	277	180	0.693	0.693	NUM
asfbr-295	277	181	0.854	0.854	NUM
asfbr-295	277	182	0.854	0.854	NUM
asfbr-295	277	183	0.559	0.559	NUM
asfbr-295	277	184	1.521	1.521	NUM
asfbr-295	277	185	2.185	2.185	NUM
asfbr-295	277	186	20	20	NUM
asfbr-295	277	187	0.687	0.687	NUM
asfbr-295	277	188	0.816	0.816	NUM
asfbr-295	277	189	0.834	0.834	NUM
asfbr-295	277	190	0.559	0.559	NUM
asfbr-295	277	191	1.383	1.383	NUM
asfbr-295	277	192	2.114	2.114	NUM
asfbr-295	277	193	21	21	NUM
asfbr-295	277	194	0.712	0.712	NUM
asfbr-295	277	195	0.777	0.777	NUM
asfbr-295	277	196	0.805	0.805	NUM
asfbr-295	277	197	0.584	0.584	NUM
asfbr-295	277	198	1.323	1.323	NUM
asfbr-295	277	199	2.126	2.126	NUM
asfbr-295	277	200	22	22	NUM
asfbr-295	277	201	0.701	0.701	NUM
asfbr-295	277	202	0.761	0.761	NUM
asfbr-295	277	203	0.814	0.814	NUM
asfbr-295	277	204	0.602	0.602	NUM
asfbr-295	277	205	1.323	1.323	NUM
asfbr-295	277	206	2.379	2.379	NUM
asfbr-295	277	207	23	23	NUM
asfbr-295	277	208	0.595	0.595	NUM
asfbr-295	277	209	0.752	0.752	NUM
asfbr-295	277	210	0.914	0.914	NUM
asfbr-295	277	211	0.541	0.541	NUM
asfbr-295	277	212	1.509	1.509	NUM
asfbr-295	277	213	2.569	2.569	NUM
asfbr-295	277	214	24	24	NUM
asfbr-295	277	215	0.599	0.599	NUM
asfbr-295	277	216	0.840	0.840	NUM
asfbr-295	277	217	0.796	0.796	NUM
asfbr-295	277	218	0.561	0.561	NUM
asfbr-295	277	219	0.965	0.965	NUM
asfbr-295	277	220	2.398	2.398	NUM
asfbr-295	277	221	logarithm	logarithm	NOUN
asfbr-295	277	222	0.000	0.000	NUM
asfbr-295	277	223	0.500	0.500	NUM
asfbr-295	277	224	1.000	1.000	NUM
asfbr-295	277	225	1.500	1.500	NUM
asfbr-295	277	226	2.000	2.000	NUM
asfbr-295	277	227	2.500	2.500	NUM
asfbr-295	277	228	3.000	3.000	NUM
asfbr-295	277	229	3.500	3.500	NUM
asfbr-295	277	230	4.000	4.000	NUM
asfbr-295	277	231	4.500	4.500	NUM
asfbr-295	277	232	1	1	NUM
asfbr-295	277	233	2	2	NUM
asfbr-295	277	234	3	3	NUM
asfbr-295	277	235	4	4	NUM
asfbr-295	277	236	5	5	NUM
asfbr-295	277	237	6	6	NUM
asfbr-295	277	238	7	7	NUM
asfbr-295	277	239	8	8	NUM
asfbr-295	277	240	9	9	NUM
asfbr-295	277	241	10	10	NUM
asfbr-295	277	242	11	11	NUM
asfbr-295	277	243	12	12	NUM
asfbr-295	277	244	13	13	NUM
asfbr-295	277	245	14	14	NUM
asfbr-295	277	246	15	15	NUM
asfbr-295	277	247	16	16	NUM
asfbr-295	277	248	17	17	NUM
asfbr-295	277	249	18	18	NUM
asfbr-295	277	250	19	19	NUM
asfbr-295	277	251	20	20	NUM
asfbr-295	277	252	21	21	NUM
asfbr-295	277	253	22	22	NUM
asfbr-295	277	254	23	23	NUM
asfbr-295	277	255	24	24	NUM
asfbr-295	277	256	lags	lag	VERB
asfbr-295	277	257	f	f	PROPN
asfbr-295	277	258	s	s	NOUN
asfbr-295	277	259	tat	tat	NOUN
asfbr-295	277	260	ist	ist	NOUN
asfbr-295	277	261	ics	ic	NOUN
asfbr-295	277	262	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	263	does	do	AUX
asfbr-295	277	264	not	not	PART
asfbr-295	277	265	granger	granger	VERB
asfbr-295	277	266	cause	cause	VERB
asfbr-295	277	267	dlogm2112	dlogm2112	PROPN
asfbr-295	277	268	dlogm2112	dlogm2112	PROPN
asfbr-295	277	269	does	do	AUX
asfbr-295	277	270	not	not	PART
asfbr-295	277	271	granger	granger	AUX
asfbr-295	277	272	cause	cause	VERB
asfbr-295	277	273	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	274	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	275	does	do	AUX
asfbr-295	277	276	not	not	PART
asfbr-295	277	277	granger	granger	VERB
asfbr-295	277	278	cause	cause	VERB
asfbr-295	277	279	dlogm2112	dlogm2112	PROPN
asfbr-295	277	280	dlogm2112	dlogm2112	PROPN
asfbr-295	277	281	does	do	AUX
asfbr-295	277	282	not	not	PART
asfbr-295	277	283	granger	granger	AUX
asfbr-295	277	284	cause	cause	VERB
asfbr-295	277	285	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	286	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	287	does	do	AUX
asfbr-295	277	288	not	not	PART
asfbr-295	277	289	granger	granger	VERB
asfbr-295	277	290	cause	cause	VERB
asfbr-295	277	291	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	292	dlogdollar112	dlogdollar112	PROPN
asfbr-295	277	293	does	do	AUX
asfbr-295	277	294	not	not	PART
asfbr-295	277	295	granger	granger	AUX
asfbr-295	277	296	cause	cause	VERB
asfbr-295	277	297	dlogcpi112	dlogcpi112	PROPN
asfbr-295	277	298	copyright	copyright	NOUN
asfbr-295	277	299	©	©	PROPN
asfbr-295	277	300	cc	cc	PROPN
asfbr-295	277	301	-	-	PUNCT
asfbr-295	277	302	by	by	ADP
asfbr-295	277	303	-	-	PUNCT
asfbr-295	277	304	nc	nc	PROPN
asfbr-295	277	305	2019	2019	NUM
asfbr-295	277	306	,	,	PUNCT
asfbr-295	277	307	cribfb	cribfb	PROPN
asfbr-295	277	308	|	|	ADV
asfbr-295	277	309	afbr	afbr	ADV
asfbr-295	277	310	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	277	311	asian	asian	ADJ
asfbr-295	277	312	finance	finance	PROPN
asfbr-295	277	313	&	&	CCONJ
asfbr-295	277	314	banking	banking	PROPN
asfbr-295	277	315	review	review	PROPN
asfbr-295	277	316	vol	vol	NOUN
asfbr-295	277	317	.	.	PROPN
asfbr-295	278	1	3	3	NUM
asfbr-295	278	2	,	,	PUNCT
asfbr-295	278	3	no	no	INTJ
asfbr-295	278	4	.	.	NOUN
asfbr-295	278	5	1	1	NUM
asfbr-295	278	6	;	;	PUNCT
asfbr-295	278	7	2019	2019	NUM
asfbr-295	278	8	57	57	NUM
asfbr-295	278	9	logarithm	logarithm	NOUN
asfbr-295	278	10	0.000	0.000	NUM
asfbr-295	278	11	0.200	0.200	NUM
asfbr-295	278	12	0.400	0.400	NUM
asfbr-295	278	13	0.600	0.600	NUM
asfbr-295	278	14	0.800	0.800	NUM
asfbr-295	278	15	1.000	1.000	NUM
asfbr-295	278	16	1.200	1.200	NUM
asfbr-295	278	17	1	1	NUM
asfbr-295	278	18	2	2	NUM
asfbr-295	278	19	3	3	NUM
asfbr-295	278	20	4	4	NUM
asfbr-295	278	21	5	5	NUM
asfbr-295	278	22	6	6	NUM
asfbr-295	278	23	7	7	NUM
asfbr-295	278	24	8	8	NUM
asfbr-295	278	25	9	9	NUM
asfbr-295	278	26	10	10	NUM
asfbr-295	278	27	11	11	NUM
asfbr-295	278	28	12	12	NUM
asfbr-295	278	29	13	13	NUM
asfbr-295	278	30	14	14	NUM
asfbr-295	278	31	15	15	NUM
asfbr-295	278	32	16	16	NUM
asfbr-295	278	33	17	17	NUM
asfbr-295	278	34	18	18	NUM
asfbr-295	278	35	19	19	NUM
asfbr-295	278	36	20	20	NUM
asfbr-295	278	37	21	21	NUM
asfbr-295	278	38	22	22	NUM
asfbr-295	278	39	23	23	NUM
asfbr-295	278	40	24	24	NUM
asfbr-295	278	41	lags	lag	NOUN
asfbr-295	278	42	pr	pr	VERB
asfbr-295	278	43	ob	ob	ADP
asfbr-295	278	44	ab	ab	PROPN
asfbr-295	278	45	ili	ili	PROPN
asfbr-295	279	1	ty	ty	INTJ
asfbr-295	279	2	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	3	does	do	AUX
asfbr-295	279	4	not	not	PART
asfbr-295	279	5	granger	granger	VERB
asfbr-295	279	6	cause	cause	VERB
asfbr-295	279	7	dlogm2112	dlogm2112	PROPN
asfbr-295	279	8	dlogm2112	dlogm2112	PROPN
asfbr-295	279	9	does	do	AUX
asfbr-295	279	10	not	not	PART
asfbr-295	279	11	granger	granger	AUX
asfbr-295	279	12	cause	cause	VERB
asfbr-295	279	13	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	14	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	15	does	do	AUX
asfbr-295	279	16	not	not	PART
asfbr-295	279	17	granger	granger	VERB
asfbr-295	279	18	cause	cause	VERB
asfbr-295	279	19	dlogm2112	dlogm2112	PROPN
asfbr-295	279	20	dlogm2112	dlogm2112	PROPN
asfbr-295	279	21	does	do	AUX
asfbr-295	279	22	not	not	PART
asfbr-295	279	23	granger	granger	AUX
asfbr-295	279	24	cause	cause	VERB
asfbr-295	279	25	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	26	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	27	does	do	AUX
asfbr-295	279	28	not	not	PART
asfbr-295	279	29	granger	granger	VERB
asfbr-295	279	30	cause	cause	VERB
asfbr-295	279	31	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	32	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	33	does	do	AUX
asfbr-295	279	34	not	not	PART
asfbr-295	279	35	granger	granger	VERB
asfbr-295	279	36	cause	cause	VERB
asfbr-295	279	37	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	38	log	log	VERB
asfbr-295	279	39	probability	probability	NOUN
asfbr-295	279	40	no	no	INTJ
asfbr-295	279	41	.	.	PUNCT
asfbr-295	279	42	of	of	ADP
asfbr-295	279	43	lags	lag	NOUN
asfbr-295	279	44	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	45	does	do	AUX
asfbr-295	279	46	not	not	PART
asfbr-295	279	47	granger	granger	VERB
asfbr-295	279	48	cause	cause	VERB
asfbr-295	279	49	dlogm2112	dlogm2112	PROPN
asfbr-295	279	50	dlogm2112	dlogm2112	PROPN
asfbr-295	279	51	does	do	AUX
asfbr-295	279	52	not	not	PART
asfbr-295	279	53	granger	granger	AUX
asfbr-295	279	54	cause	cause	VERB
asfbr-295	279	55	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	56	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	57	does	do	AUX
asfbr-295	279	58	not	not	PART
asfbr-295	279	59	granger	granger	VERB
asfbr-295	279	60	cause	cause	VERB
asfbr-295	279	61	dlogm2112	dlogm2112	PROPN
asfbr-295	279	62	dlogm2112	dlogm2112	PROPN
asfbr-295	279	63	does	do	AUX
asfbr-295	279	64	not	not	PART
asfbr-295	279	65	granger	granger	AUX
asfbr-295	279	66	cause	cause	VERB
asfbr-295	279	67	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	68	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	69	does	do	AUX
asfbr-295	279	70	not	not	PART
asfbr-295	279	71	granger	granger	VERB
asfbr-295	279	72	cause	cause	VERB
asfbr-295	279	73	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	74	dlogdollar112	dlogdollar112	PROPN
asfbr-295	279	75	does	do	AUX
asfbr-295	279	76	not	not	PART
asfbr-295	279	77	granger	granger	AUX
asfbr-295	279	78	cause	cause	VERB
asfbr-295	279	79	dlogcpi112	dlogcpi112	PROPN
asfbr-295	279	80	1	1	NUM
asfbr-295	279	81	0.424	0.424	NUM
asfbr-295	279	82	0.872	0.872	NUM
asfbr-295	279	83	0.070	0.070	NUM
asfbr-295	279	84	0.541	0.541	NUM
asfbr-295	279	85	0.507	0.507	NUM
asfbr-295	279	86	0.600	0.600	NUM
asfbr-295	279	87	2	2	NUM
asfbr-295	279	88	0.151	0.151	NUM
asfbr-295	279	89	0.170	0.170	NUM
asfbr-295	279	90	0.207	0.207	NUM
asfbr-295	279	91	0.797	0.797	NUM
asfbr-295	279	92	0.761	0.761	NUM
asfbr-295	279	93	0.268	0.268	NUM
asfbr-295	279	94	3	3	NUM
asfbr-295	279	95	0.008	0.008	NUM
asfbr-295	279	96	0.339	0.339	NUM
asfbr-295	279	97	0.044	0.044	NUM
asfbr-295	279	98	0.749	0.749	NUM
asfbr-295	279	99	0.391	0.391	NUM
asfbr-295	279	100	0.353	0.353	NUM
asfbr-295	279	101	4	4	NUM
asfbr-295	279	102	0.015	0.015	NUM
asfbr-295	279	103	0.517	0.517	NUM
asfbr-295	279	104	0.082	0.082	NUM
asfbr-295	279	105	0.849	0.849	NUM
asfbr-295	279	106	0.602	0.602	NUM
asfbr-295	279	107	0.477	0.477	NUM
asfbr-295	279	108	5	5	NUM
asfbr-295	279	109	0.039	0.039	NUM
asfbr-295	279	110	0.383	0.383	NUM
asfbr-295	279	111	0.128	0.128	NUM
asfbr-295	279	112	0.467	0.467	NUM
asfbr-295	279	113	0.113	0.113	NUM
asfbr-295	279	114	0.415	0.415	NUM
asfbr-295	279	115	6	6	NUM
asfbr-295	279	116	0.073	0.073	NUM
asfbr-295	279	117	0.445	0.445	NUM
asfbr-295	279	118	0.213	0.213	NUM
asfbr-295	279	119	0.599	0.599	NUM
asfbr-295	279	120	0.026	0.026	NUM
asfbr-295	279	121	0.273	0.273	NUM
asfbr-295	279	122	7	7	NUM
asfbr-295	279	123	0.088	0.088	NUM
asfbr-295	279	124	0.462	0.462	NUM
asfbr-295	279	125	0.228	0.228	NUM
asfbr-295	279	126	0.719	0.719	NUM
asfbr-295	279	127	0.025	0.025	NUM
asfbr-295	279	128	0.427	0.427	NUM
asfbr-295	279	129	8	8	NUM
asfbr-295	279	130	0.124	0.124	NUM
asfbr-295	279	131	0.480	0.480	NUM
asfbr-295	279	132	0.321	0.321	NUM
asfbr-295	279	133	0.834	0.834	NUM
asfbr-295	279	134	0.025	0.025	NUM
asfbr-295	279	135	0.501	0.501	NUM
asfbr-295	279	136	9	9	NUM
asfbr-295	279	137	0.081	0.081	NUM
asfbr-295	279	138	0.507	0.507	NUM
asfbr-295	279	139	0.133	0.133	NUM
asfbr-295	279	140	0.819	0.819	NUM
asfbr-295	279	141	0.032	0.032	NUM
asfbr-295	279	142	0.583	0.583	NUM
asfbr-295	279	143	10	10	NUM
asfbr-295	279	144	0.129	0.129	NUM
asfbr-295	279	145	0.421	0.421	NUM
asfbr-295	279	146	0.186	0.186	NUM
asfbr-295	279	147	0.787	0.787	NUM
asfbr-295	279	148	0.009	0.009	NUM
asfbr-295	279	149	0.552	0.552	NUM
asfbr-295	279	150	11	11	NUM
asfbr-295	279	151	0.167	0.167	NUM
asfbr-295	279	152	0.087	0.087	NUM
asfbr-295	279	153	0.249	0.249	NUM
asfbr-295	279	154	0.525	0.525	NUM
asfbr-295	279	155	0.022	0.022	NUM
asfbr-295	279	156	0.025	0.025	NUM
asfbr-295	279	157	12	12	NUM
asfbr-295	279	158	0.573	0.573	NUM
asfbr-295	279	159	0.573	0.573	NUM
asfbr-295	279	160	0.623	0.623	NUM
asfbr-295	279	161	0.956	0.956	NUM
asfbr-295	279	162	0.147	0.147	NUM
asfbr-295	279	163	0.123	0.123	NUM
asfbr-295	279	164	13	13	NUM
asfbr-295	279	165	0.718	0.718	NUM
asfbr-295	279	166	0.663	0.663	NUM
asfbr-295	279	167	0.604	0.604	NUM
asfbr-295	279	168	0.973	0.973	NUM
asfbr-295	279	169	0.032	0.032	NUM
asfbr-295	279	170	0.020	0.020	NUM
asfbr-295	279	171	14	14	NUM
asfbr-295	279	172	0.808	0.808	NUM
asfbr-295	279	173	0.748	0.748	NUM
asfbr-295	279	174	0.774	0.774	NUM
asfbr-295	279	175	0.939	0.939	NUM
asfbr-295	279	176	0.040	0.040	NUM
asfbr-295	279	177	0.041	0.041	NUM
asfbr-295	279	178	15	15	NUM
asfbr-295	279	179	0.833	0.833	NUM
asfbr-295	279	180	0.748	0.748	NUM
asfbr-295	279	181	0.759	0.759	NUM
asfbr-295	279	182	0.950	0.950	NUM
asfbr-295	279	183	0.009	0.009	NUM
asfbr-295	279	184	0.000	0.000	NUM
asfbr-295	279	185	16	16	NUM
asfbr-295	279	186	0.884	0.884	NUM
asfbr-295	279	187	0.656	0.656	NUM
asfbr-295	279	188	0.705	0.705	NUM
asfbr-295	279	189	0.921	0.921	NUM
asfbr-295	279	190	0.090	0.090	NUM
asfbr-295	279	191	0.000	0.000	NUM
asfbr-295	279	192	17	17	NUM
asfbr-295	279	193	0.799	0.799	NUM
asfbr-295	279	194	0.720	0.720	NUM
asfbr-295	279	195	0.627	0.627	NUM
asfbr-295	279	196	0.958	0.958	NUM
asfbr-295	279	197	0.113	0.113	NUM
asfbr-295	279	198	0.001	0.001	NUM
asfbr-295	279	199	18	18	NUM
asfbr-295	279	200	0.784	0.784	NUM
asfbr-295	279	201	0.732	0.732	NUM
asfbr-295	279	202	0.566	0.566	NUM
asfbr-295	279	203	0.922	0.922	NUM
asfbr-295	279	204	0.075	0.075	NUM
asfbr-295	279	205	0.006	0.006	NUM
asfbr-295	279	206	19	19	NUM
asfbr-295	279	207	0.819	0.819	NUM
asfbr-295	279	208	0.638	0.638	NUM
asfbr-295	279	209	0.638	0.638	NUM
asfbr-295	279	210	0.929	0.929	NUM
asfbr-295	279	211	0.089	0.089	NUM
asfbr-295	279	212	0.005	0.005	NUM
asfbr-295	279	213	20	20	NUM
asfbr-295	279	214	0.831	0.831	NUM
asfbr-295	279	215	0.689	0.689	NUM
asfbr-295	279	216	0.669	0.669	NUM
asfbr-295	279	217	0.934	0.934	NUM
asfbr-295	279	218	0.143	0.143	NUM
asfbr-295	279	219	0.007	0.007	NUM
asfbr-295	279	220	21	21	NUM
asfbr-295	279	221	0.812	0.812	NUM
asfbr-295	279	222	0.740	0.740	NUM
asfbr-295	279	223	0.709	0.709	NUM
asfbr-295	279	224	0.923	0.923	NUM
asfbr-295	279	225	0.174	0.174	NUM
asfbr-295	279	226	0.006	0.006	NUM
asfbr-295	279	227	22	22	NUM
asfbr-295	279	228	0.829	0.829	NUM
asfbr-295	279	229	0.764	0.764	NUM
asfbr-295	279	230	0.703	0.703	NUM
asfbr-295	279	231	0.917	0.917	NUM
asfbr-295	279	232	0.172	0.172	NUM
asfbr-295	279	233	0.001	0.001	NUM
asfbr-295	279	234	23	23	NUM
asfbr-295	279	235	0.923	0.923	NUM
asfbr-295	279	236	0.781	0.781	NUM
asfbr-295	279	237	0.579	0.579	NUM
asfbr-295	279	238	0.956	0.956	NUM
asfbr-295	279	239	0.082	0.082	NUM
asfbr-295	279	240	0.000	0.000	NUM
asfbr-295	279	241	24	24	NUM
asfbr-295	279	242	0.925	0.925	NUM
asfbr-295	279	243	0.678	0.678	NUM
asfbr-295	279	244	0.736	0.736	NUM
asfbr-295	279	245	0.949	0.949	NUM
asfbr-295	279	246	0.516	0.516	NUM
asfbr-295	279	247	0.001	0.001	NUM
asfbr-295	279	248	copyright	copyright	NOUN
asfbr-295	279	249	©	©	PROPN
asfbr-295	279	250	cc	cc	PROPN
asfbr-295	279	251	-	-	PUNCT
asfbr-295	279	252	by	by	ADP
asfbr-295	279	253	-	-	PUNCT
asfbr-295	279	254	nc	nc	PROPN
asfbr-295	279	255	2019	2019	NUM
asfbr-295	279	256	,	,	PUNCT
asfbr-295	279	257	cribfb	cribfb	PROPN
asfbr-295	279	258	|	|	ADV
asfbr-295	279	259	afbr	afbr	ADV
asfbr-295	279	260	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	279	261	asian	asian	ADJ
asfbr-295	279	262	finance	finance	PROPN
asfbr-295	279	263	&	&	CCONJ
asfbr-295	279	264	banking	banking	PROPN
asfbr-295	279	265	review	review	PROPN
asfbr-295	279	266	vol	vol	NOUN
asfbr-295	279	267	.	.	PROPN
asfbr-295	280	1	3	3	NUM
asfbr-295	280	2	,	,	PUNCT
asfbr-295	280	3	no	no	INTJ
asfbr-295	280	4	.	.	NOUN
asfbr-295	280	5	1	1	NUM
asfbr-295	280	6	;	;	PUNCT
asfbr-295	280	7	2019	2019	NUM
asfbr-295	280	8	58	58	NUM
asfbr-295	280	9	adding	add	VERB
asfbr-295	280	10	up	up	ADP
asfbr-295	280	11	the	the	DET
asfbr-295	280	12	above	above	ADJ
asfbr-295	280	13	results	result	NOUN
asfbr-295	280	14	,	,	PUNCT
asfbr-295	280	15	we	we	PRON
asfbr-295	280	16	can	can	AUX
asfbr-295	280	17	draw	draw	VERB
asfbr-295	280	18	the	the	DET
asfbr-295	280	19	following	follow	VERB
asfbr-295	280	20	diagram	diagram	NOUN
asfbr-295	280	21	for	for	ADP
asfbr-295	280	22	short	short	ADJ
asfbr-295	280	23	term	term	NOUN
asfbr-295	280	24	analysis	analysis	NOUN
asfbr-295	280	25	:	:	PUNCT
asfbr-295	280	26	the	the	DET
asfbr-295	280	27	following	follow	VERB
asfbr-295	280	28	diagram	diagram	NOUN
asfbr-295	280	29	is	be	AUX
asfbr-295	280	30	for	for	ADP
asfbr-295	280	31	more	more	ADJ
asfbr-295	280	32	than	than	ADP
asfbr-295	280	33	a	a	PRON
asfbr-295	280	34	year	year	NOUN
asfbr-295	280	35	analysis	analysis	NOUN
asfbr-295	280	36	:	:	PUNCT
asfbr-295	280	37	the	the	DET
asfbr-295	280	38	above	above	ADJ
asfbr-295	280	39	diagrams	diagram	NOUN
asfbr-295	280	40	show	show	VERB
asfbr-295	280	41	that	that	SCONJ
asfbr-295	280	42	foreign	foreign	ADJ
asfbr-295	280	43	exchange	exchange	NOUN
asfbr-295	280	44	rate	rate	NOUN
asfbr-295	280	45	can	can	AUX
asfbr-295	280	46	not	not	PART
asfbr-295	280	47	be	be	AUX
asfbr-295	280	48	regulated	regulate	VERB
asfbr-295	280	49	by	by	ADP
asfbr-295	280	50	changing	change	VERB
asfbr-295	280	51	liquidity	liquidity	NOUN
asfbr-295	280	52	in	in	ADP
asfbr-295	280	53	less	less	ADJ
asfbr-295	280	54	than	than	ADP
asfbr-295	280	55	a	a	DET
asfbr-295	280	56	month	month	NOUN
asfbr-295	280	57	,	,	PUNCT
asfbr-295	280	58	and	and	CCONJ
asfbr-295	280	59	the	the	DET
asfbr-295	280	60	results	result	NOUN
asfbr-295	280	61	show	show	VERB
asfbr-295	280	62	that	that	SCONJ
asfbr-295	280	63	only	only	ADV
asfbr-295	280	64	the	the	DET
asfbr-295	280	65	general	general	ADJ
asfbr-295	280	66	price	price	NOUN
asfbr-295	280	67	level	level	NOUN
asfbr-295	280	68	can	can	AUX
asfbr-295	280	69	affect	affect	VERB
asfbr-295	280	70	this	this	DET
asfbr-295	280	71	variable	variable	NOUN
asfbr-295	280	72	.	.	PUNCT
asfbr-295	281	1	but	but	CCONJ
asfbr-295	281	2	in	in	ADP
asfbr-295	281	3	one	one	NUM
asfbr-295	281	4	to	to	ADP
asfbr-295	281	5	two	two	NUM
asfbr-295	281	6	years	year	NOUN
asfbr-295	281	7	of	of	ADP
asfbr-295	281	8	analysis	analysis	NOUN
asfbr-295	281	9	,	,	PUNCT
asfbr-295	281	10	the	the	DET
asfbr-295	281	11	foreign	foreign	ADJ
asfbr-295	281	12	exchange	exchange	NOUN
asfbr-295	281	13	rate	rate	NOUN
asfbr-295	281	14	can	can	AUX
asfbr-295	281	15	be	be	AUX
asfbr-295	281	16	regulated	regulate	VERB
asfbr-295	281	17	by	by	ADP
asfbr-295	281	18	liquidity	liquidity	NOUN
asfbr-295	281	19	control	control	NOUN
asfbr-295	281	20	.	.	PUNCT
asfbr-295	282	1	in	in	ADP
asfbr-295	282	2	other	other	ADJ
asfbr-295	282	3	words	word	NOUN
asfbr-295	282	4	,	,	PUNCT
asfbr-295	282	5	the	the	DET
asfbr-295	282	6	long	long	ADJ
asfbr-295	282	7	run	run	NOUN
asfbr-295	282	8	trend	trend	NOUN
asfbr-295	282	9	of	of	ADP
asfbr-295	282	10	the	the	DET
asfbr-295	282	11	foreign	foreign	ADJ
asfbr-295	282	12	exchange	exchange	NOUN
asfbr-295	282	13	rate	rate	NOUN
asfbr-295	282	14	is	be	AUX
asfbr-295	282	15	affected	affect	VERB
asfbr-295	282	16	by	by	ADP
asfbr-295	282	17	liquidity	liquidity	NOUN
asfbr-295	282	18	and	and	CCONJ
asfbr-295	282	19	price	price	NOUN
asfbr-295	282	20	level	level	NOUN
asfbr-295	282	21	changes	change	NOUN
asfbr-295	282	22	,	,	PUNCT
asfbr-295	282	23	but	but	CCONJ
asfbr-295	282	24	since	since	SCONJ
asfbr-295	282	25	price	price	NOUN
asfbr-295	282	26	changes	change	NOUN
asfbr-295	282	27	have	have	VERB
asfbr-295	282	28	also	also	ADV
asfbr-295	282	29	short	short	ADJ
asfbr-295	282	30	term	term	NOUN
asfbr-295	282	31	effects	effect	NOUN
asfbr-295	282	32	on	on	ADP
asfbr-295	282	33	the	the	DET
asfbr-295	282	34	foreign	foreign	ADJ
asfbr-295	282	35	exchange	exchange	NOUN
asfbr-295	282	36	rate	rate	NOUN
asfbr-295	282	37	,	,	PUNCT
asfbr-295	282	38	therefore	therefore	ADV
asfbr-295	282	39	,	,	PUNCT
asfbr-295	282	40	we	we	PRON
asfbr-295	282	41	can	can	AUX
asfbr-295	282	42	change	change	VERB
asfbr-295	282	43	this	this	DET
asfbr-295	282	44	hypothesis	hypothesis	NOUN
asfbr-295	282	45	in	in	ADP
asfbr-295	282	46	error	error	NOUN
asfbr-295	282	47	correction	correction	NOUN
asfbr-295	282	48	model	model	NOUN
asfbr-295	282	49	as	as	SCONJ
asfbr-295	282	50	follows	follow	VERB
asfbr-295	282	51	:	:	PUNCT
asfbr-295	283	1	foreign	foreign	ADJ
asfbr-295	283	2	exchange	exchange	NOUN
asfbr-295	283	3	rate	rate	NOUN
asfbr-295	283	4	=	=	SYM
asfbr-295	283	5	long	long	ADJ
asfbr-295	283	6	term	term	NOUN
asfbr-295	283	7	function	function	NOUN
asfbr-295	283	8	(	(	PUNCT
asfbr-295	283	9	price	price	NOUN
asfbr-295	283	10	level	level	NOUN
asfbr-295	283	11	,	,	PUNCT
asfbr-295	283	12	liquidity	liquidity	NOUN
asfbr-295	283	13	)	)	PUNCT
asfbr-295	284	1	+	+	NUM
asfbr-295	284	2	error	error	NOUN
asfbr-295	284	3	if	if	SCONJ
asfbr-295	284	4	in	in	ADP
asfbr-295	284	5	the	the	DET
asfbr-295	284	6	first	first	ADJ
asfbr-295	284	7	order	order	NOUN
asfbr-295	284	8	stationary	stationary	ADJ
asfbr-295	284	9	condition	condition	NOUN
asfbr-295	284	10	of	of	ADP
asfbr-295	284	11	the	the	DET
asfbr-295	284	12	three	three	NUM
asfbr-295	284	13	variables	variable	NOUN
asfbr-295	284	14	of	of	ADP
asfbr-295	284	15	the	the	DET
asfbr-295	284	16	foreign	foreign	ADJ
asfbr-295	284	17	exchange	exchange	NOUN
asfbr-295	284	18	rate	rate	NOUN
asfbr-295	284	19	,	,	PUNCT
asfbr-295	284	20	liquidity	liquidity	NOUN
asfbr-295	284	21	,	,	PUNCT
asfbr-295	284	22	and	and	CCONJ
asfbr-295	284	23	price	price	NOUN
asfbr-295	284	24	level	level	NOUN
asfbr-295	284	25	,	,	PUNCT
asfbr-295	284	26	the	the	DET
asfbr-295	284	27	co	co	ADJ
asfbr-295	284	28	-	-	ADJ
asfbr-295	284	29	integrated	integrated	ADJ
asfbr-295	284	30	regression	regression	NOUN
asfbr-295	284	31	creates	create	VERB
asfbr-295	284	32	stationary	stationary	ADJ
asfbr-295	284	33	error	error	NOUN
asfbr-295	284	34	,	,	PUNCT
asfbr-295	284	35	we	we	PRON
asfbr-295	284	36	follow	follow	VERB
asfbr-295	284	37	the	the	DET
asfbr-295	284	38	error	error	NOUN
asfbr-295	284	39	correction	correction	NOUN
asfbr-295	284	40	model	model	NOUN
asfbr-295	284	41	.	.	PUNCT
asfbr-295	285	1	after	after	ADP
asfbr-295	285	2	the	the	DET
asfbr-295	285	3	study	study	NOUN
asfbr-295	285	4	of	of	ADP
asfbr-295	285	5	the	the	DET
asfbr-295	285	6	foreign	foreign	ADJ
asfbr-295	285	7	exchange	exchange	NOUN
asfbr-295	285	8	rate	rate	NOUN
asfbr-295	285	9	,	,	PUNCT
asfbr-295	285	10	liquidity	liquidity	NOUN
asfbr-295	285	11	,	,	PUNCT
asfbr-295	285	12	and	and	CCONJ
asfbr-295	285	13	price	price	NOUN
asfbr-295	285	14	index	index	NOUN
asfbr-295	285	15	variables	variable	NOUN
asfbr-295	285	16	and	and	CCONJ
asfbr-295	285	17	making	make	VERB
asfbr-295	285	18	them	they	PRON
asfbr-295	285	19	stationary	stationary	ADJ
asfbr-295	285	20	,	,	PUNCT
asfbr-295	285	21	we	we	PRON
asfbr-295	285	22	follow	follow	VERB
asfbr-295	285	23	the	the	DET
asfbr-295	285	24	model	model	NOUN
asfbr-295	285	25	with	with	ADP
asfbr-295	285	26	stationary	stationary	ADJ
asfbr-295	285	27	variables	variable	NOUN
asfbr-295	285	28	.	.	PUNCT
asfbr-295	286	1	with	with	ADP
asfbr-295	286	2	the	the	DET
asfbr-295	286	3	estimation	estimation	NOUN
asfbr-295	286	4	of	of	ADP
asfbr-295	286	5	long	long	ADJ
asfbr-295	286	6	-	-	PUNCT
asfbr-295	286	7	run	run	NOUN
asfbr-295	286	8	function	function	NOUN
asfbr-295	286	9	,	,	PUNCT
asfbr-295	286	10	we	we	PRON
asfbr-295	286	11	realized	realize	VERB
asfbr-295	286	12	that	that	SCONJ
asfbr-295	286	13	the	the	DET
asfbr-295	286	14	existing	exist	VERB
asfbr-295	286	15	co	co	NOUN
asfbr-295	286	16	-	-	NOUN
asfbr-295	286	17	linearity	linearity	NOUN
asfbr-295	286	18	between	between	ADP
asfbr-295	286	19	liquidity	liquidity	NOUN
asfbr-295	286	20	and	and	CCONJ
asfbr-295	286	21	cpi	cpi	NOUN
asfbr-295	286	22	,	,	PUNCT
asfbr-295	286	23	practically	practically	ADV
asfbr-295	286	24	the	the	DET
asfbr-295	286	25	obtained	obtain	VERB
asfbr-295	286	26	weights	weight	NOUN
asfbr-295	286	27	are	be	AUX
asfbr-295	286	28	not	not	PART
asfbr-295	286	29	as	as	SCONJ
asfbr-295	286	30	they	they	PRON
asfbr-295	286	31	were	be	AUX
asfbr-295	286	32	expected	expect	VERB
asfbr-295	286	33	and	and	CCONJ
asfbr-295	286	34	therefore	therefore	ADV
asfbr-295	286	35	,	,	PUNCT
asfbr-295	286	36	it	it	PRON
asfbr-295	286	37	is	be	AUX
asfbr-295	286	38	not	not	PART
asfbr-295	286	39	possible	possible	ADJ
asfbr-295	286	40	to	to	PART
asfbr-295	286	41	follow	follow	VERB
asfbr-295	286	42	error	error	NOUN
asfbr-295	286	43	correction	correction	NOUN
asfbr-295	286	44	model	model	NOUN
asfbr-295	286	45	.	.	PUNCT
asfbr-295	287	1	on	on	ADP
asfbr-295	287	2	the	the	DET
asfbr-295	287	3	basis	basis	NOUN
asfbr-295	287	4	of	of	ADP
asfbr-295	287	5	obtained	obtain	VERB
asfbr-295	287	6	graphs	graph	NOUN
asfbr-295	287	7	and	and	CCONJ
asfbr-295	287	8	results	result	NOUN
asfbr-295	287	9	for	for	ADP
asfbr-295	287	10	long	long	ADJ
asfbr-295	287	11	run	run	NOUN
asfbr-295	287	12	effects	effect	NOUN
asfbr-295	287	13	,	,	PUNCT
asfbr-295	287	14	we	we	PRON
asfbr-295	287	15	consider	consider	VERB
asfbr-295	287	16	the	the	DET
asfbr-295	287	17	three	three	NUM
asfbr-295	287	18	following	follow	VERB
asfbr-295	287	19	relationships	relationship	NOUN
asfbr-295	287	20	:	:	PUNCT
asfbr-295	287	21	eq1	eq1	ADJ
asfbr-295	287	22	:	:	PUNCT
asfbr-295	287	23	dollar	dollar	NOUN
asfbr-295	287	24	=	=	SYM
asfbr-295	287	25	c(1)*m2	c(1)*m2	NOUN
asfbr-295	287	26	+	+	NOUN
asfbr-295	287	27	c(2)*dummy8000	c(2)*dummy8000	VERB
asfbr-295	287	28	+	+	NUM
asfbr-295	287	29	c(3)*dummy8000*m2	c(3)*dummy8000*m2	NOUN
asfbr-295	287	30	+	+	CCONJ
asfbr-295	287	31	c(4	c(4	PROPN
asfbr-295	287	32	)	)	PUNCT
asfbr-295	288	1	+	+	NUM
asfbr-295	288	2	reseq1	reseq1	ADJ
asfbr-295	288	3	eq2	eq2	NOUN
asfbr-295	288	4	:	:	PUNCT
asfbr-295	288	5	m2=	m2=	NUM
asfbr-295	288	6	c(11)*cpi+c(12	c(11)*cpi+c(12	NOUN
asfbr-295	288	7	)	)	PUNCT
asfbr-295	289	1	+	+	PROPN
asfbr-295	289	2	c(13)*dummy8000+c(14)*dummy8000*cpi+	c(13)*dummy8000+c(14)*dummy8000*cpi+	ADJ
asfbr-295	289	3	reseq2	reseq2	PROPN
asfbr-295	289	4	eq3	eq3	NOUN
asfbr-295	289	5	:	:	PUNCT
asfbr-295	290	1	cpi=	cpi=	PROPN
asfbr-295	290	2	(	(	PUNCT
asfbr-295	290	3	c(21)+c(22)*dummy8000)*dollar+(c(23)+c(24)*dummy8000)*m2	c(21)+c(22)*dummy8000)*dollar+(c(23)+c(24)*dummy8000)*m2	NOUN
asfbr-295	290	4	+	+	ADJ
asfbr-295	290	5	c(25)+	c(25)+	ADJ
asfbr-295	290	6	c(26	c(26	NOUN
asfbr-295	290	7	)	)	PUNCT
asfbr-295	290	8	*	*	PUNCT
asfbr-295	290	9	dummy8000	dummy8000	PROPN
asfbr-295	290	10	+	+	CCONJ
asfbr-295	290	11	reseq3	reseq3	NOUN
asfbr-295	290	12	these	these	DET
asfbr-295	290	13	equations	equation	NOUN
asfbr-295	290	14	show	show	VERB
asfbr-295	290	15	the	the	DET
asfbr-295	290	16	mathematical	mathematical	ADJ
asfbr-295	290	17	causality	causality	NOUN
asfbr-295	290	18	relationship	relationship	NOUN
asfbr-295	290	19	between	between	ADP
asfbr-295	290	20	our	our	PRON
asfbr-295	290	21	variables	variable	NOUN
asfbr-295	290	22	.	.	PUNCT
asfbr-295	291	1	regarding	regard	VERB
asfbr-295	291	2	the	the	DET
asfbr-295	291	3	existence	existence	NOUN
asfbr-295	291	4	of	of	ADP
asfbr-295	291	5	high	high	ADJ
asfbr-295	291	6	co	co	NOUN
asfbr-295	291	7	-	-	NOUN
asfbr-295	291	8	linearity	linearity	NOUN
asfbr-295	291	9	between	between	ADP
asfbr-295	291	10	liquidity	liquidity	NOUN
asfbr-295	291	11	and	and	CCONJ
asfbr-295	291	12	price	price	NOUN
asfbr-295	291	13	level	level	NOUN
asfbr-295	291	14	,	,	PUNCT
asfbr-295	291	15	the	the	DET
asfbr-295	291	16	price	price	NOUN
asfbr-295	291	17	variable	variable	NOUN
asfbr-295	291	18	has	have	AUX
asfbr-295	291	19	been	be	AUX
asfbr-295	291	20	omitted	omit	VERB
asfbr-295	291	21	from	from	ADP
asfbr-295	291	22	the	the	DET
asfbr-295	291	23	first	first	ADJ
asfbr-295	291	24	equation	equation	NOUN
asfbr-295	291	25	.	.	PUNCT
asfbr-295	292	1	in	in	ADP
asfbr-295	292	2	order	order	NOUN
asfbr-295	292	3	to	to	PART
asfbr-295	292	4	consider	consider	VERB
asfbr-295	292	5	the	the	DET
asfbr-295	292	6	policies	policy	NOUN
asfbr-295	292	7	for	for	ADP
asfbr-295	292	8	fixing	fix	VERB
asfbr-295	292	9	dollar	dollar	NOUN
asfbr-295	292	10	rate	rate	NOUN
asfbr-295	292	11	at	at	ADP
asfbr-295	292	12	8000	8000	NUM
asfbr-295	292	13	rials	rial	NOUN
asfbr-295	292	14	,	,	PUNCT
asfbr-295	292	15	the	the	DET
asfbr-295	292	16	dummy	dummy	ADJ
asfbr-295	292	17	variable	variable	NOUN
asfbr-295	292	18	“	"	PUNCT
asfbr-295	292	19	dummy8000	dummy8000	PROPN
asfbr-295	292	20	”	"	PUNCT
asfbr-295	292	21	has	have	AUX
asfbr-295	292	22	been	be	AUX
asfbr-295	292	23	introduced	introduce	VERB
asfbr-295	292	24	into	into	ADP
asfbr-295	292	25	the	the	DET
asfbr-295	292	26	model	model	NOUN
asfbr-295	292	27	which	which	PRON
asfbr-295	292	28	affects	affect	VERB
asfbr-295	292	29	the	the	DET
asfbr-295	292	30	intercept	intercept	NOUN
asfbr-295	292	31	,	,	PUNCT
asfbr-295	292	32	as	as	ADV
asfbr-295	292	33	well	well	ADV
asfbr-295	292	34	as	as	ADP
asfbr-295	292	35	the	the	DET
asfbr-295	292	36	slope	slope	NOUN
asfbr-295	292	37	.	.	PUNCT
asfbr-295	293	1	the	the	DET
asfbr-295	293	2	amount	amount	NOUN
asfbr-295	293	3	of	of	ADP
asfbr-295	293	4	this	this	DET
asfbr-295	293	5	dummy	dummy	NOUN
asfbr-295	293	6	from	from	ADP
asfbr-295	293	7	the	the	DET
asfbr-295	293	8	11	11	NUM
asfbr-295	293	9	th	th	NOUN
asfbr-295	293	10	copyright	copyright	NOUN
asfbr-295	293	11	©	©	PROPN
asfbr-295	293	12	cc	cc	PROPN
asfbr-295	293	13	-	-	PUNCT
asfbr-295	293	14	by	by	ADP
asfbr-295	293	15	-	-	PUNCT
asfbr-295	293	16	nc	nc	PROPN
asfbr-295	293	17	2019	2019	NUM
asfbr-295	293	18	,	,	PUNCT
asfbr-295	293	19	cribfb	cribfb	PROPN
asfbr-295	293	20	|	|	ADV
asfbr-295	293	21	afbr	afbr	ADV
asfbr-295	293	22	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	293	23	asian	asian	ADJ
asfbr-295	293	24	finance	finance	PROPN
asfbr-295	293	25	&	&	CCONJ
asfbr-295	293	26	banking	banking	PROPN
asfbr-295	293	27	review	review	PROPN
asfbr-295	293	28	vol	vol	NOUN
asfbr-295	293	29	.	.	PROPN
asfbr-295	294	1	3	3	NUM
asfbr-295	294	2	,	,	PUNCT
asfbr-295	294	3	no	no	INTJ
asfbr-295	294	4	.	.	NOUN
asfbr-295	294	5	1	1	NUM
asfbr-295	294	6	;	;	PUNCT
asfbr-295	294	7	2019	2019	NUM
asfbr-295	294	8	59	59	NUM
asfbr-295	294	9	month	month	NOUN
asfbr-295	294	10	of	of	ADP
asfbr-295	294	11	1998	1998	NUM
asfbr-295	294	12	and	and	CCONJ
asfbr-295	294	13	afterward	afterward	ADV
asfbr-295	294	14	is	be	AUX
asfbr-295	294	15	one	one	NUM
asfbr-295	294	16	,	,	PUNCT
asfbr-295	294	17	and	and	CCONJ
asfbr-295	294	18	for	for	ADP
asfbr-295	294	19	other	other	ADJ
asfbr-295	294	20	times	time	NOUN
asfbr-295	294	21	is	be	AUX
asfbr-295	294	22	zero	zero	NUM
asfbr-295	294	23	.	.	PUNCT
asfbr-295	295	1	the	the	DET
asfbr-295	295	2	long	long	ADJ
asfbr-295	295	3	term	term	NOUN
asfbr-295	295	4	regression	regression	NOUN
asfbr-295	295	5	results	result	NOUN
asfbr-295	295	6	regarding	regard	VERB
asfbr-295	295	7	the	the	DET
asfbr-295	295	8	structural	structural	ADJ
asfbr-295	295	9	changes	change	NOUN
asfbr-295	295	10	in	in	ADP
asfbr-295	295	11	foreign	foreign	ADJ
asfbr-295	295	12	exchange	exchange	NOUN
asfbr-295	295	13	rates	rate	NOUN
asfbr-295	295	14	and	and	CCONJ
asfbr-295	295	15	graphs	graph	NOUN
asfbr-295	295	16	are	be	AUX
asfbr-295	295	17	presented	present	VERB
asfbr-295	295	18	on	on	ADP
asfbr-295	295	19	the	the	DET
asfbr-295	295	20	next	next	ADJ
asfbr-295	295	21	pages	page	NOUN
asfbr-295	295	22	.	.	PUNCT
asfbr-295	296	1	dependent	dependent	ADJ
asfbr-295	296	2	variable	variable	NOUN
asfbr-295	296	3	:	:	PUNCT
asfbr-295	296	4	dollar	dollar	NOUN
asfbr-295	296	5	method	method	NOUN
asfbr-295	296	6	:	:	PUNCT
asfbr-295	296	7	least	least	ADJ
asfbr-295	296	8	squares	square	NOUN
asfbr-295	296	9	sample(adjusted	sample(adjuste	VERB
asfbr-295	296	10	):	):	PUNCT
asfbr-295	296	11	1365:01	1365:01	NUM
asfbr-295	296	12	1380:12	1380:12	NUM
asfbr-295	296	13	included	include	VERB
asfbr-295	296	14	observations	observation	NOUN
asfbr-295	296	15	:	:	PUNCT
asfbr-295	296	16	192	192	NUM
asfbr-295	296	17	after	after	ADP
asfbr-295	296	18	adjusting	adjust	VERB
asfbr-295	296	19	endpoints	endpoint	NOUN
asfbr-295	296	20	dollar	dollar	NOUN
asfbr-295	296	21	=	=	SYM
asfbr-295	296	22	c(1)*m2+c(2)*dummy8000+c(3)*dummy8000*m2+c(4	c(1)*m2+c(2)*dummy8000+c(3)*dummy8000*m2+c(4	NOUN
asfbr-295	296	23	)	)	PUNCT
asfbr-295	296	24	coefficient	coefficient	NOUN
asfbr-295	296	25	std	std	PROPN
asfbr-295	296	26	.	.	PROPN
asfbr-295	296	27	error	error	NOUN
asfbr-295	296	28	t	t	NOUN
asfbr-295	296	29	-	-	PUNCT
asfbr-295	296	30	statistic	statistic	NOUN
asfbr-295	296	31	prob	prob	NOUN
asfbr-295	296	32	.	.	PUNCT
asfbr-295	297	1	c(1	c(1	NOUN
asfbr-295	297	2	)	)	PUNCT
asfbr-295	297	3	0.039448	0.039448	NUM
asfbr-295	297	4	0.000673	0.000673	NUM
asfbr-295	297	5	58.65213	58.65213	NUM
asfbr-295	297	6	0.0000	0.0000	NUM
asfbr-295	297	7	c(2	c(2	PROPN
asfbr-295	297	8	)	)	PUNCT
asfbr-295	297	9	8738.370	8738.370	PROPN
asfbr-295	298	1	269.5357	269.5357	NUM
asfbr-295	298	2	32.42008	32.42008	NUM
asfbr-295	298	3	0.0000	0.0000	NUM
asfbr-295	298	4	c(3	c(3	ADJ
asfbr-295	298	5	)	)	PUNCT
asfbr-295	298	6	-0.043906	-0.043906	NOUN
asfbr-295	298	7	0.001354	0.001354	NUM
asfbr-295	298	8	-32.42936	-32.42936	SYM
asfbr-295	298	9	0.0000	0.0000	NUM
asfbr-295	298	10	c(4	c(4	PROPN
asfbr-295	298	11	)	)	PUNCT
asfbr-295	299	1	511.6349	511.6349	NUM
asfbr-295	299	2	43.06389	43.06389	NUM
asfbr-295	299	3	11.88083	11.88083	NUM
asfbr-295	299	4	0.0000	0.0000	NUM
asfbr-295	299	5	r	r	NOUN
asfbr-295	299	6	-	-	PUNCT
asfbr-295	299	7	squared	square	VERB
asfbr-295	299	8	0.984707	0.984707	NUM
asfbr-295	299	9	mean	mean	NOUN
asfbr-295	299	10	dependent	dependent	ADJ
asfbr-295	299	11	var	var	NOUN
asfbr-295	299	12	3590.353	3590.353	NUM
asfbr-295	299	13	adjusted	adjusted	ADJ
asfbr-295	299	14	r	r	NOUN
asfbr-295	299	15	-	-	PUNCT
asfbr-295	299	16	squared	square	VERB
asfbr-295	299	17	0.984463	0.984463	NUM
asfbr-295	299	18	s.d	s.d	PROPN
asfbr-295	299	19	.	.	PUNCT
asfbr-295	299	20	dependent	dependent	ADJ
asfbr-295	299	21	var	var	NOUN
asfbr-295	299	22	2774.293	2774.293	NUM
asfbr-295	299	23	s.e	s.e	PROPN
asfbr-295	299	24	.	.	PROPN
asfbr-295	299	25	of	of	ADP
asfbr-295	299	26	regression	regression	NOUN
asfbr-295	299	27	345.8132	345.8132	NUM
asfbr-295	299	28	akaike	akaike	ADJ
asfbr-295	299	29	info	info	NOUN
asfbr-295	299	30	criterion	criterion	NOUN
asfbr-295	299	31	14.55029	14.55029	NUM
asfbr-295	299	32	sum	sum	NOUN
asfbr-295	299	33	squared	square	VERB
asfbr-295	299	34	resid	resid	NOUN
asfbr-295	299	35	22482313	22482313	NUM
asfbr-295	299	36	schwarz	schwarz	PROPN
asfbr-295	299	37	criterion	criterion	NOUN
asfbr-295	299	38	14.61815	14.61815	NUM
asfbr-295	299	39	log	log	NOUN
asfbr-295	299	40	-	-	PUNCT
asfbr-295	299	41	likelihood	likelihood	NOUN
asfbr-295	299	42	-1392.828	-1392.828	PUNCT
asfbr-295	299	43	durbin	durbin	ADJ
asfbr-295	299	44	-	-	PUNCT
asfbr-295	299	45	watson	watson	NOUN
asfbr-295	299	46	stat	stat	NOUN
asfbr-295	299	47	0.358974	0.358974	NUM
asfbr-295	299	48	dependent	dependent	ADJ
asfbr-295	299	49	variable	variable	NOUN
asfbr-295	299	50	:	:	PUNCT
asfbr-295	299	51	m2	m2	PROPN
asfbr-295	299	52	method	method	NOUN
asfbr-295	299	53	:	:	PUNCT
asfbr-295	299	54	least	least	ADJ
asfbr-295	299	55	squares	square	NOUN
asfbr-295	299	56	sample(adjusted	sample(adjuste	VERB
asfbr-295	299	57	):	):	PUNCT
asfbr-295	299	58	1365:01	1365:01	NUM
asfbr-295	299	59	1380:12	1380:12	NUM
asfbr-295	299	60	included	include	VERB
asfbr-295	299	61	observations	observation	NOUN
asfbr-295	299	62	:	:	PUNCT
asfbr-295	299	63	192	192	NUM
asfbr-295	299	64	after	after	ADP
asfbr-295	299	65	adjusting	adjust	VERB
asfbr-295	299	66	endpoints	endpoint	NOUN
asfbr-295	300	1	m2	m2	PROPN
asfbr-295	300	2	=	=	PROPN
asfbr-295	300	3	c(11)*cpi+c(12)+c(13)*dummy8000+c(14)*dummy8000*cpi	c(11)*cpi+c(12)+c(13)*dummy8000+c(14)*dummy8000*cpi	NOUN
asfbr-295	300	4	coefficien	coefficien	VERB
asfbr-295	300	5	t	t	PROPN
asfbr-295	300	6	std	std	PROPN
asfbr-295	300	7	.	.	PUNCT
asfbr-295	300	8	error	error	NOUN
asfbr-295	300	9	t	t	NOUN
asfbr-295	300	10	-	-	PUNCT
asfbr-295	300	11	statistic	statistic	NOUN
asfbr-295	300	12	prob	prob	NOUN
asfbr-295	300	13	.	.	PUNCT
asfbr-295	301	1	c(11	c(11	NOUN
asfbr-295	301	2	)	)	PUNCT
asfbr-295	302	1	1194.194	1194.194	NUM
asfbr-295	302	2	14.32809	14.32809	NUM
asfbr-295	302	3	83.34637	83.34637	NUM
asfbr-295	302	4	0.0000	0.0000	NUM
asfbr-295	302	5	c(12	c(12	NOUN
asfbr-295	302	6	)	)	PUNCT
asfbr-295	302	7	-2595.321	-2595.321	PUNCT
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asfbr-295	303	4	c(13	c(13	ADJ
asfbr-295	303	5	)	)	PUNCT
asfbr-295	303	6	-212425.6	-212425.6	NOUN
asfbr-295	304	1	9423.653	9423.653	NUM
asfbr-295	304	2	-22.54175	-22.54175	NUM
asfbr-295	304	3	0.0000	0.0000	NUM
asfbr-295	304	4	c(14	c(14	NOUN
asfbr-295	304	5	)	)	PUNCT
asfbr-295	304	6	1565.863	1565.863	PROPN
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asfbr-295	304	8	25.76579	25.76579	NUM
asfbr-295	304	9	0.0000	0.0000	NUM
asfbr-295	304	10	r	r	NOUN
asfbr-295	304	11	-	-	PUNCT
asfbr-295	304	12	squared	square	VERB
asfbr-295	304	13	0.994373	0.994373	NUM
asfbr-295	304	14	mean	mean	VERB
asfbr-295	304	15	dependent	dependent	ADJ
asfbr-295	304	16	var	var	NOUN
asfbr-295	304	17	82963.88	82963.88	NUM
asfbr-295	305	1	adjusted	adjust	VERB
asfbr-295	305	2	r	r	NOUN
asfbr-295	305	3	-	-	PUNCT
asfbr-295	305	4	squared	square	VERB
asfbr-295	305	5	0.994283	0.994283	NUM
asfbr-295	305	6	s.d	s.d	PROPN
asfbr-295	305	7	.	.	PUNCT
asfbr-295	305	8	dependent	dependent	ADJ
asfbr-295	305	9	var	var	NOUN
asfbr-295	305	10	81166.19	81166.19	NUM
asfbr-295	305	11	s.e	s.e	PROPN
asfbr-295	305	12	.	.	PROPN
asfbr-295	305	13	of	of	ADP
asfbr-295	305	14	regression	regression	NOUN
asfbr-295	305	15	6137.162	6137.162	NUM
asfbr-295	305	16	akaike	akaike	ADJ
asfbr-295	305	17	info	info	NOUN
asfbr-295	305	18	criterion	criterion	NOUN
asfbr-295	305	19	20.30273	20.30273	NUM
asfbr-295	305	20	sum	sum	NOUN
asfbr-295	305	21	squared	square	VERB
asfbr-295	305	22	resid	resid	NOUN
asfbr-295	305	23	7.08e+09	7.08e+09	NUM
asfbr-295	305	24	schwarz	schwarz	PROPN
asfbr-295	305	25	criterion	criterion	NOUN
asfbr-295	305	26	20.37059	20.37059	NUM
asfbr-295	305	27	log	log	NOUN
asfbr-295	305	28	-	-	PUNCT
asfbr-295	305	29	likelihood	likelihood	NOUN
asfbr-295	305	30	-1945.062	-1945.062	SYM
asfbr-295	305	31	durbin	durbin	ADJ
asfbr-295	305	32	-	-	PUNCT
asfbr-295	305	33	watson	watson	PROPN
asfbr-295	305	34	stat	stat	PROPN
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asfbr-295	305	36	-1000	-1000	NOUN
asfbr-295	305	37	0	0	NUM
asfbr-295	305	38	1000	1000	NUM
asfbr-295	305	39	2000	2000	NUM
asfbr-295	305	40	3000	3000	NUM
asfbr-295	305	41	0	0	NUM
asfbr-295	305	42	2000	2000	NUM
asfbr-295	305	43	4000	4000	NUM
asfbr-295	305	44	6000	6000	NUM
asfbr-295	305	45	8000	8000	NUM
asfbr-295	305	46	10000	10000	NUM
asfbr-295	305	47	66	66	NUM
asfbr-295	305	48	68	68	NUM
asfbr-295	305	49	70	70	NUM
asfbr-295	305	50	72	72	NUM
asfbr-295	305	51	74	74	NUM
asfbr-295	305	52	76	76	NUM
asfbr-295	305	53	78	78	NUM
asfbr-295	305	54	80	80	NUM
asfbr-295	305	55	residual	residual	ADJ
asfbr-295	305	56	actual	actual	ADJ
asfbr-295	305	57	fitted	fit	VERB
asfbr-295	305	58	copyright	copyright	NOUN
asfbr-295	305	59	©	©	PROPN
asfbr-295	305	60	cc	cc	PROPN
asfbr-295	305	61	-	-	PUNCT
asfbr-295	305	62	by	by	ADP
asfbr-295	305	63	-	-	PUNCT
asfbr-295	305	64	nc	nc	PROPN
asfbr-295	305	65	2019	2019	NUM
asfbr-295	305	66	,	,	PUNCT
asfbr-295	305	67	cribfb	cribfb	PROPN
asfbr-295	305	68	|	|	ADV
asfbr-295	305	69	afbr	afbr	ADV
asfbr-295	305	70	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	305	71	asian	asian	ADJ
asfbr-295	305	72	finance	finance	PROPN
asfbr-295	305	73	&	&	CCONJ
asfbr-295	305	74	banking	banking	PROPN
asfbr-295	305	75	review	review	PROPN
asfbr-295	305	76	vol	vol	NOUN
asfbr-295	305	77	.	.	PROPN
asfbr-295	306	1	3	3	NUM
asfbr-295	306	2	,	,	PUNCT
asfbr-295	306	3	no	no	INTJ
asfbr-295	306	4	.	.	NOUN
asfbr-295	306	5	1	1	NUM
asfbr-295	306	6	;	;	PUNCT
asfbr-295	306	7	2019	2019	NUM
asfbr-295	306	8	60	60	NUM
asfbr-295	306	9	dependent	dependent	ADJ
asfbr-295	306	10	variable	variable	NOUN
asfbr-295	306	11	:	:	PUNCT
asfbr-295	306	12	cpi	cpi	PROPN
asfbr-295	306	13	method	method	NOUN
asfbr-295	306	14	:	:	PUNCT
asfbr-295	306	15	least	least	ADJ
asfbr-295	306	16	squares	square	NOUN
asfbr-295	306	17	sample(adjusted	sample(adjuste	VERB
asfbr-295	306	18	):	):	PUNCT
asfbr-295	306	19	1365:01	1365:01	NUM
asfbr-295	306	20	1380:12	1380:12	NUM
asfbr-295	306	21	included	include	VERB
asfbr-295	306	22	observations	observation	NOUN
asfbr-295	306	23	:	:	PUNCT
asfbr-295	306	24	192	192	NUM
asfbr-295	306	25	after	after	ADP
asfbr-295	306	26	adjusting	adjust	VERB
asfbr-295	306	27	endpoints	endpoint	NOUN
asfbr-295	306	28	cpi=(c(21)+c(22)*dummy8000)*dollar+(c(23)+c(24	cpi=(c(21)+c(22)*dummy8000)*dollar+(c(23)+c(24	PROPN
asfbr-295	306	29	)	)	PUNCT
asfbr-295	307	1	*	*	PUNCT
asfbr-295	307	2	dummy8000)*m2+c(25)+c(26)*dummy8000	dummy8000)*m2+c(25)+c(26)*dummy8000	PROPN
asfbr-295	307	3	coefficien	coefficien	PROPN
asfbr-295	307	4	t	t	PROPN
asfbr-295	307	5	std	std	PROPN
asfbr-295	307	6	.	.	PUNCT
asfbr-295	308	1	error	error	NOUN
asfbr-295	308	2	t	t	NOUN
asfbr-295	308	3	-	-	PUNCT
asfbr-295	308	4	statistic	statistic	NOUN
asfbr-295	308	5	prob	prob	NOUN
asfbr-295	308	6	.	.	PUNCT
asfbr-295	309	1	c(21	c(21	X
asfbr-295	309	2	)	)	PUNCT
asfbr-295	310	1	0.006521	0.006521	NUM
asfbr-295	310	2	0.000650	0.000650	NUM
asfbr-295	310	3	10.02795	10.02795	NUM
asfbr-295	310	4	0.0000	0.0000	NUM
asfbr-295	310	5	c(22	c(22	NOUN
asfbr-295	310	6	)	)	PUNCT
asfbr-295	310	7	-0.007401	-0.007401	NOUN
asfbr-295	310	8	0.001988	0.001988	NUM
asfbr-295	310	9	-3.722975	-3.722975	NOUN
asfbr-295	310	10	0.0003	0.0003	NUM
asfbr-295	310	11	c(23	c(23	NOUN
asfbr-295	310	12	)	)	PUNCT
asfbr-295	310	13	0.000572	0.000572	NUM
asfbr-295	310	14	2.63e-05	2.63e-05	NUM
asfbr-295	310	15	21.75495	21.75495	NUM
asfbr-295	310	16	0.0000	0.0000	NUM
asfbr-295	310	17	c(24	c(24	NOUN
asfbr-295	310	18	)	)	PUNCT
asfbr-295	310	19	-0.000231	-0.000231	NOUN
asfbr-295	310	20	2.93e-05	2.93e-05	NUM
asfbr-295	310	21	-7.896540	-7.896540	NOUN
asfbr-295	310	22	0.0000	0.0000	NUM
asfbr-295	310	23	c(25	c(25	NOUN
asfbr-295	310	24	)	)	PUNCT
asfbr-295	311	1	-0.741588	-0.741588	VERB
asfbr-295	312	1	0.492289	0.492289	NUM
asfbr-295	312	2	-1.506408	-1.506408	NOUN
asfbr-295	312	3	0.1337	0.1337	NUM
asfbr-295	312	4	c(26	c(26	NOUN
asfbr-295	312	5	)	)	PUNCT
asfbr-295	312	6	90.81921	90.81921	NUM
asfbr-295	312	7	17.52777	17.52777	NUM
asfbr-295	312	8	5.181447	5.181447	NUM
asfbr-295	312	9	0.0000	0.0000	NUM
asfbr-295	312	10	r	r	NOUN
asfbr-295	312	11	-	-	PUNCT
asfbr-295	312	12	squared	square	VERB
asfbr-295	312	13	0.997358	0.997358	NUM
asfbr-295	312	14	mean	mean	VERB
asfbr-295	312	15	dependent	dependent	ADJ
asfbr-295	312	16	var	var	NOUN
asfbr-295	312	17	65.82188	65.82188	NUM
asfbr-295	312	18	adjusted	adjust	VERB
asfbr-295	312	19	r	r	NOUN
asfbr-295	312	20	-	-	PUNCT
asfbr-295	312	21	squared	square	VERB
asfbr-295	312	22	0.997287	0.997287	NUM
asfbr-295	312	23	s.d	s.d	PROPN
asfbr-295	312	24	.	.	PROPN
asfbr-295	313	1	dependent	dependent	ADJ
asfbr-295	313	2	var	var	PROPN
asfbr-295	313	3	55.94090	55.94090	NUM
asfbr-295	313	4	s.e	s.e	PROPN
asfbr-295	313	5	.	.	PROPN
asfbr-295	313	6	of	of	ADP
asfbr-295	313	7	regression	regression	NOUN
asfbr-295	313	8	2.913712	2.913712	NUM
asfbr-295	313	9	akaike	akaike	ADJ
asfbr-295	313	10	info	info	NOUN
asfbr-295	313	11	criterion	criterion	NOUN
asfbr-295	313	12	5.007484	5.007484	NUM
asfbr-295	313	13	sum	sum	NOUN
asfbr-295	313	14	squared	square	VERB
asfbr-295	313	15	resid	resid	NOUN
asfbr-295	313	16	1579.087	1579.087	NUM
asfbr-295	313	17	schwarz	schwarz	PROPN
asfbr-295	313	18	criterion	criterion	NOUN
asfbr-295	313	19	5.109281	5.109281	NUM
asfbr-295	313	20	log	log	NOUN
asfbr-295	313	21	-	-	PUNCT
asfbr-295	313	22	likelihood	likelihood	NOUN
asfbr-295	313	23	-474.7185	-474.7185	ADJ
asfbr-295	313	24	durbin	durbin	ADJ
asfbr-295	313	25	-	-	PUNCT
asfbr-295	313	26	watson	watson	NOUN
asfbr-295	313	27	stat	stat	PROPN
asfbr-295	313	28	0.290870	0.290870	NUM
asfbr-295	313	29	-20000	-20000	NUM
asfbr-295	313	30	-10000	-10000	PROPN
asfbr-295	313	31	0	0	NUM
asfbr-295	313	32	10000	10000	NUM
asfbr-295	313	33	20000	20000	NUM
asfbr-295	313	34	30000	30000	NUM
asfbr-295	313	35	0	0	NUM
asfbr-295	313	36	100000	100000	NUM
asfbr-295	313	37	200000	200000	NUM
asfbr-295	313	38	300000	300000	NUM
asfbr-295	313	39	400000	400000	NUM
asfbr-295	313	40	66	66	NUM
asfbr-295	313	41	68	68	NUM
asfbr-295	313	42	70	70	NUM
asfbr-295	313	43	72	72	NUM
asfbr-295	313	44	74	74	NUM
asfbr-295	313	45	76	76	NUM
asfbr-295	313	46	78	78	NUM
asfbr-295	313	47	80	80	NUM
asfbr-295	313	48	residual	residual	ADJ
asfbr-295	313	49	actual	actual	ADJ
asfbr-295	313	50	fitted	fit	VERB
asfbr-295	313	51	-15	-15	PUNCT
asfbr-295	313	52	-10	-10	PUNCT
asfbr-295	313	53	-5	-5	NOUN
asfbr-295	313	54	0	0	NUM
asfbr-295	313	55	5	5	NUM
asfbr-295	313	56	10	10	NUM
asfbr-295	313	57	0	0	NUM
asfbr-295	313	58	50	50	NUM
asfbr-295	313	59	100	100	NUM
asfbr-295	313	60	150	150	NUM
asfbr-295	313	61	200	200	NUM
asfbr-295	313	62	66	66	NUM
asfbr-295	313	63	68	68	NUM
asfbr-295	313	64	70	70	NUM
asfbr-295	313	65	72	72	NUM
asfbr-295	313	66	74	74	NUM
asfbr-295	313	67	76	76	NUM
asfbr-295	313	68	78	78	NUM
asfbr-295	313	69	80	80	NUM
asfbr-295	313	70	residual	residual	ADJ
asfbr-295	313	71	actual	actual	ADJ
asfbr-295	313	72	fitted	fit	VERB
asfbr-295	313	73	0	0	NUM
asfbr-295	313	74	40	40	NUM
asfbr-295	313	75	80	80	NUM
asfbr-295	313	76	120	120	NUM
asfbr-295	313	77	160	160	NUM
asfbr-295	313	78	200	200	NUM
asfbr-295	313	79	0	0	NUM
asfbr-295	313	80	100000	100000	NUM
asfbr-295	313	81	200000	200000	NUM
asfbr-295	313	82	300000	300000	NUM
asfbr-295	313	83	400000	400000	NUM
asfbr-295	313	84	liquidity	liquidity	NOUN
asfbr-295	313	85	c	c	PROPN
asfbr-295	313	86	on	on	ADP
asfbr-295	313	87	su	su	PROPN
asfbr-295	313	88	m	m	PROPN
asfbr-295	313	89	er	er	INTJ
asfbr-295	313	90	p	p	X
asfbr-295	313	91	ric	ric	PROPN
asfbr-295	313	92	e	e	PROPN
asfbr-295	313	93	in	in	ADP
asfbr-295	313	94	de	de	X
asfbr-295	313	95	x	x	X
asfbr-295	313	96	0	0	NUM
asfbr-295	313	97	2000	2000	NUM
asfbr-295	313	98	4000	4000	NUM
asfbr-295	313	99	6000	6000	NUM
asfbr-295	313	100	8000	8000	NUM
asfbr-295	313	101	10000	10000	NUM
asfbr-295	313	102	0	0	NUM
asfbr-295	313	103	100000	100000	NUM
asfbr-295	313	104	200000	200000	NUM
asfbr-295	313	105	300000	300000	NUM
asfbr-295	313	106	400000	400000	NUM
asfbr-295	313	107	liquidity	liquidity	NOUN
asfbr-295	314	1	d	d	X
asfbr-295	314	2	o	o	X
asfbr-295	314	3	lla	lla	NOUN
asfbr-295	314	4	r	r	NOUN
asfbr-295	314	5	r	r	NOUN
asfbr-295	314	6	ia	ia	NOUN
asfbr-295	314	7	l	l	NOUN
asfbr-295	314	8	e	e	X
asfbr-295	314	9	xc	xc	PROPN
asfbr-295	314	10	h	h	PROPN
asfbr-295	314	11	a	a	PRON
asfbr-295	314	12	n	n	CCONJ
asfbr-295	314	13	g	g	NOUN
asfbr-295	314	14	e	e	NOUN
asfbr-295	314	15	r	r	NOUN
asfbr-295	314	16	a	a	DET
asfbr-295	314	17	te	te	PROPN
asfbr-295	314	18	0	0	NUM
asfbr-295	314	19	40	40	NUM
asfbr-295	314	20	80	80	NUM
asfbr-295	314	21	120	120	NUM
asfbr-295	314	22	160	160	NUM
asfbr-295	314	23	200	200	NUM
asfbr-295	314	24	0	0	NUM
asfbr-295	314	25	5000	5000	NUM
asfbr-295	314	26	10000	10000	NUM
asfbr-295	314	27	dollar	dollar	NOUN
asfbr-295	314	28	rial	rial	ADJ
asfbr-295	314	29	exchange	exchange	NOUN
asfbr-295	314	30	rate	rate	NOUN
asfbr-295	314	31	co	co	NOUN
asfbr-295	314	32	ns	ns	INTJ
asfbr-295	314	33	um	um	INTJ
asfbr-295	314	34	er	er	INTJ
asfbr-295	314	35	p	p	X
asfbr-295	314	36	ric	ric	PROPN
asfbr-295	314	37	e	e	PROPN
asfbr-295	314	38	in	in	ADP
asfbr-295	314	39	de	de	X
asfbr-295	314	40	x	x	SYM
asfbr-295	314	41	copyright	copyright	NOUN
asfbr-295	314	42	©	©	PROPN
asfbr-295	314	43	cc	cc	PROPN
asfbr-295	314	44	-	-	PUNCT
asfbr-295	314	45	by	by	ADP
asfbr-295	314	46	-	-	PUNCT
asfbr-295	314	47	nc	nc	PROPN
asfbr-295	314	48	2019	2019	NUM
asfbr-295	314	49	,	,	PUNCT
asfbr-295	314	50	cribfb	cribfb	PROPN
asfbr-295	314	51	|	|	ADV
asfbr-295	314	52	afbr	afbr	ADV
asfbr-295	314	53	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	314	54	asian	asian	ADJ
asfbr-295	314	55	finance	finance	PROPN
asfbr-295	314	56	&	&	CCONJ
asfbr-295	314	57	banking	banking	PROPN
asfbr-295	314	58	review	review	PROPN
asfbr-295	314	59	vol	vol	NOUN
asfbr-295	314	60	.	.	PROPN
asfbr-295	315	1	3	3	NUM
asfbr-295	315	2	,	,	PUNCT
asfbr-295	315	3	no	no	INTJ
asfbr-295	315	4	.	.	NOUN
asfbr-295	315	5	1	1	NUM
asfbr-295	315	6	;	;	PUNCT
asfbr-295	315	7	2019	2019	NUM
asfbr-295	315	8	61	61	NUM
asfbr-295	315	9	9	9	NUM
asfbr-295	315	10	.	.	PUNCT
asfbr-295	316	1	further	further	ADJ
asfbr-295	316	2	study	study	NOUN
asfbr-295	316	3	of	of	ADP
asfbr-295	316	4	co	co	NOUN
asfbr-295	316	5	-	-	NOUN
asfbr-295	316	6	integration	integration	NOUN
asfbr-295	316	7	in	in	ADP
asfbr-295	316	8	order	order	NOUN
asfbr-295	316	9	to	to	PART
asfbr-295	316	10	study	study	VERB
asfbr-295	316	11	the	the	DET
asfbr-295	316	12	co	co	NOUN
asfbr-295	316	13	-	-	NOUN
asfbr-295	316	14	integration	integration	NOUN
asfbr-295	316	15	and	and	CCONJ
asfbr-295	316	16	concluding	conclude	VERB
asfbr-295	316	17	whether	whether	SCONJ
asfbr-295	316	18	the	the	DET
asfbr-295	316	19	mentioned	mention	VERB
asfbr-295	316	20	relationships	relationship	NOUN
asfbr-295	316	21	are	be	AUX
asfbr-295	316	22	long	long	ADJ
asfbr-295	316	23	term	term	NOUN
asfbr-295	316	24	relationships	relationship	NOUN
asfbr-295	316	25	or	or	CCONJ
asfbr-295	316	26	not	not	PART
asfbr-295	316	27	,	,	PUNCT
asfbr-295	316	28	we	we	PRON
asfbr-295	316	29	regress	regress	VERB
asfbr-295	316	30	the	the	DET
asfbr-295	316	31	first	first	ADJ
asfbr-295	316	32	order	order	NOUN
asfbr-295	316	33	difference	difference	NOUN
asfbr-295	316	34	of	of	ADP
asfbr-295	316	35	the	the	DET
asfbr-295	316	36	residuals	residual	NOUN
asfbr-295	316	37	of	of	ADP
asfbr-295	316	38	each	each	DET
asfbr-295	316	39	regression	regression	NOUN
asfbr-295	316	40	to	to	ADP
asfbr-295	316	41	its	its	PRON
asfbr-295	316	42	own	own	ADJ
asfbr-295	316	43	lag	lag	NOUN
asfbr-295	316	44	.	.	PUNCT
asfbr-295	317	1	in	in	ADP
asfbr-295	317	2	this	this	DET
asfbr-295	317	3	way	way	NOUN
asfbr-295	317	4	,	,	PUNCT
asfbr-295	317	5	we	we	PRON
asfbr-295	317	6	conduct	conduct	VERB
asfbr-295	317	7	the	the	DET
asfbr-295	317	8	unit	unit	NOUN
asfbr-295	317	9	root	root	NOUN
asfbr-295	317	10	test	test	NOUN
asfbr-295	317	11	.	.	PUNCT
asfbr-295	318	1	this	this	DET
asfbr-295	318	2	study	study	NOUN
asfbr-295	318	3	is	be	AUX
asfbr-295	318	4	shown	show	VERB
asfbr-295	318	5	in	in	ADP
asfbr-295	318	6	the	the	DET
asfbr-295	318	7	next	next	ADJ
asfbr-295	318	8	graphs	graph	NOUN
asfbr-295	318	9	.	.	PUNCT
asfbr-295	319	1	the	the	DET
asfbr-295	319	2	results	result	NOUN
asfbr-295	319	3	of	of	ADP
asfbr-295	319	4	these	these	DET
asfbr-295	319	5	tests	test	NOUN
asfbr-295	319	6	with	with	ADP
asfbr-295	319	7	the	the	DET
asfbr-295	319	8	study	study	NOUN
asfbr-295	319	9	of	of	ADP
asfbr-295	319	10	mackinnon	mackinnon	PROPN
asfbr-295	319	11	show	show	VERB
asfbr-295	319	12	that	that	SCONJ
asfbr-295	319	13	all	all	DET
asfbr-295	319	14	three	three	NUM
asfbr-295	319	15	equations	equation	NOUN
asfbr-295	319	16	have	have	VERB
asfbr-295	319	17	long	long	ADJ
asfbr-295	319	18	term	term	NOUN
asfbr-295	319	19	nature	nature	NOUN
asfbr-295	319	20	.	.	PUNCT
asfbr-295	320	1	in	in	ADP
asfbr-295	320	2	other	other	ADJ
asfbr-295	320	3	words	word	NOUN
asfbr-295	320	4	:	:	PUNCT
asfbr-295	320	5			X
asfbr-295	320	6	liquidity	liquidity	NOUN
asfbr-295	320	7	affects	affect	VERB
asfbr-295	320	8	the	the	DET
asfbr-295	320	9	foreign	foreign	ADJ
asfbr-295	320	10	exchange	exchange	NOUN
asfbr-295	320	11	rate	rate	NOUN
asfbr-295	320	12	in	in	ADP
asfbr-295	320	13	the	the	DET
asfbr-295	320	14	long	long	ADJ
asfbr-295	320	15	run	run	NOUN
asfbr-295	320	16	.	.	PUNCT
asfbr-295	321	1			PUNCT
asfbr-295	322	1	prices	price	NOUN
asfbr-295	322	2	affect	affect	VERB
asfbr-295	322	3	liquidity	liquidity	NOUN
asfbr-295	322	4	in	in	ADP
asfbr-295	322	5	the	the	DET
asfbr-295	322	6	long	long	ADJ
asfbr-295	322	7	run	run	NOUN
asfbr-295	322	8	.	.	PUNCT
asfbr-295	323	1			PUNCT
asfbr-295	324	1	in	in	ADP
asfbr-295	324	2	the	the	DET
asfbr-295	324	3	long	long	ADJ
asfbr-295	324	4	run	run	NOUN
asfbr-295	324	5	,	,	PUNCT
asfbr-295	324	6	both	both	CCONJ
asfbr-295	324	7	liquidity	liquidity	NOUN
asfbr-295	324	8	and	and	CCONJ
asfbr-295	324	9	dollar	dollar	NOUN
asfbr-295	324	10	rate	rate	NOUN
asfbr-295	324	11	affect	affect	VERB
asfbr-295	324	12	prices	price	NOUN
asfbr-295	324	13	.	.	PUNCT
asfbr-295	325	1	dependent	dependent	ADJ
asfbr-295	325	2	variable	variable	NOUN
asfbr-295	325	3	:	:	PUNCT
asfbr-295	325	4	d(reseq1	d(reseq1	PROPN
asfbr-295	325	5	)	)	PUNCT
asfbr-295	325	6	method	method	NOUN
asfbr-295	325	7	:	:	PUNCT
asfbr-295	326	1	least	least	ADJ
asfbr-295	326	2	squares	square	NOUN
asfbr-295	326	3	sample(adjusted	sample(adjuste	VERB
asfbr-295	326	4	):	):	PUNCT
asfbr-295	326	5	1365:02	1365:02	NUM
asfbr-295	326	6	1380:12	1380:12	NUM
asfbr-295	326	7	included	include	VERB
asfbr-295	326	8	observations	observation	NOUN
asfbr-295	326	9	:	:	PUNCT
asfbr-295	326	10	191	191	NUM
asfbr-295	326	11	after	after	ADP
asfbr-295	326	12	adjusting	adjust	VERB
asfbr-295	326	13	endpoints	endpoint	NOUN
asfbr-295	326	14	variable	variable	ADJ
asfbr-295	326	15	coefficien	coefficien	NOUN
asfbr-295	326	16	t	t	PROPN
asfbr-295	326	17	std	std	PROPN
asfbr-295	326	18	.	.	PUNCT
asfbr-295	326	19	error	error	NOUN
asfbr-295	326	20	t	t	NOUN
asfbr-295	326	21	-	-	PUNCT
asfbr-295	326	22	statistic	statistic	NOUN
asfbr-295	326	23	prob	prob	NOUN
asfbr-295	326	24	.	.	PUNCT
asfbr-295	327	1	reseq1(-1	reseq1(-1	ADJ
asfbr-295	327	2	)	)	PUNCT
asfbr-295	327	3	-0.179557	-0.179557	VERB
asfbr-295	327	4	0.041502	0.041502	NUM
asfbr-295	327	5	-4.326501	-4.326501	NOUN
asfbr-295	328	1	0.0000	0.0000	NUM
asfbr-295	328	2	r	r	X
asfbr-295	328	3	-	-	PUNCT
asfbr-295	328	4	squared	square	VERB
asfbr-295	328	5	0.089617	0.089617	NUM
asfbr-295	328	6	mean	mean	NOUN
asfbr-295	328	7	dependent	dependent	ADJ
asfbr-295	328	8	var	var	NOUN
asfbr-295	328	9	1.756606	1.756606	NUM
asfbr-295	328	10	adjusted	adjusted	ADJ
asfbr-295	328	11	r	r	NOUN
asfbr-295	328	12	-	-	PUNCT
asfbr-295	328	13	squared	square	VERB
asfbr-295	328	14	0.089617	0.089617	NUM
asfbr-295	328	15	s.d	s.d	PROPN
asfbr-295	328	16	.	.	PUNCT
asfbr-295	328	17	dependent	dependent	ADJ
asfbr-295	328	18	var	var	NOUN
asfbr-295	328	19	206.0912	206.0912	NUM
asfbr-295	328	20	s.e	s.e	PROPN
asfbr-295	328	21	.	.	PROPN
asfbr-295	328	22	of	of	ADP
asfbr-295	328	23	regression	regression	NOUN
asfbr-295	328	24	196.6398	196.6398	NUM
asfbr-295	328	25	akaike	akaike	ADJ
asfbr-295	328	26	info	info	NOUN
asfbr-295	328	27	criterion	criterion	NOUN
asfbr-295	328	28	13.40585	13.40585	NUM
asfbr-295	328	29	sum	sum	NOUN
asfbr-295	328	30	squared	square	VERB
asfbr-295	328	31	resid	resid	NOUN
asfbr-295	328	32	7346772	7346772	NUM
asfbr-295	328	33	.	.	PUNCT
asfbr-295	329	1	schwarz	schwarz	PROPN
asfbr-295	329	2	criterion	criterion	NOUN
asfbr-295	329	3	13.42287	13.42287	NUM
asfbr-295	329	4	log	log	NOUN
asfbr-295	329	5	-	-	PUNCT
asfbr-295	329	6	likelihood	likelihood	NOUN
asfbr-295	329	7	-1279.258	-1279.258	PUNCT
asfbr-295	329	8	durbin	durbin	ADJ
asfbr-295	329	9	-	-	PUNCT
asfbr-295	329	10	watson	watson	NOUN
asfbr-295	329	11	stat	stat	PROPN
asfbr-295	329	12	1.546716	1.546716	NUM
asfbr-295	329	13	dependent	dependent	ADJ
asfbr-295	329	14	variable	variable	NOUN
asfbr-295	329	15	:	:	PUNCT
asfbr-295	329	16	d(reseq2	d(reseq2	ADJ
asfbr-295	329	17	)	)	PUNCT
asfbr-295	329	18	method	method	NOUN
asfbr-295	329	19	:	:	PUNCT
asfbr-295	330	1	least	least	ADJ
asfbr-295	330	2	squares	square	NOUN
asfbr-295	330	3	sample(adjusted	sample(adjuste	VERB
asfbr-295	330	4	):	):	PUNCT
asfbr-295	330	5	1365:02	1365:02	NUM
asfbr-295	330	6	1380:12	1380:12	NUM
asfbr-295	330	7	included	include	VERB
asfbr-295	330	8	observations	observation	NOUN
asfbr-295	330	9	:	:	PUNCT
asfbr-295	330	10	191	191	NUM
asfbr-295	330	11	after	after	ADP
asfbr-295	330	12	adjusting	adjust	VERB
asfbr-295	330	13	endpoints	endpoint	NOUN
asfbr-295	330	14	variable	variable	ADJ
asfbr-295	330	15	coefficien	coefficien	NOUN
asfbr-295	330	16	t	t	PROPN
asfbr-295	330	17	std	std	PROPN
asfbr-295	330	18	.	.	PUNCT
asfbr-295	330	19	error	error	NOUN
asfbr-295	330	20	t	t	NOUN
asfbr-295	330	21	-	-	PUNCT
asfbr-295	330	22	statistic	statistic	NOUN
asfbr-295	330	23	prob	prob	NOUN
asfbr-295	330	24	.	.	PUNCT
asfbr-295	331	1	reseq2(-1	reseq2(-1	ADJ
asfbr-295	331	2	)	)	PUNCT
asfbr-295	331	3	-0.137304	-0.137304	NOUN
asfbr-295	331	4	0.038807	0.038807	NUM
asfbr-295	331	5	-3.538106	-3.538106	NOUN
asfbr-295	332	1	0.0005	0.0005	NUM
asfbr-295	332	2	r	r	NOUN
asfbr-295	332	3	-	-	PUNCT
asfbr-295	332	4	squared	square	VERB
asfbr-295	332	5	0.061448	0.061448	NUM
asfbr-295	332	6	mean	mean	NOUN
asfbr-295	332	7	dependent	dependent	ADJ
asfbr-295	332	8	var	var	NOUN
asfbr-295	332	9	65.24131	65.24131	NUM
asfbr-295	332	10	adjusted	adjusted	ADJ
asfbr-295	332	11	r	r	NOUN
asfbr-295	332	12	-	-	PUNCT
asfbr-295	332	13	squared	square	VERB
asfbr-295	332	14	0.061448	0.061448	NUM
asfbr-295	332	15	s.d	s.d	PROPN
asfbr-295	332	16	.	.	PUNCT
asfbr-295	332	17	dependent	dependent	ADJ
asfbr-295	332	18	var	var	NOUN
asfbr-295	332	19	3319.627	3319.627	PROPN
asfbr-295	332	20	s.e	s.e	PROPN
asfbr-295	332	21	.	.	PROPN
asfbr-295	332	22	of	of	ADP
asfbr-295	332	23	regression	regression	NOUN
asfbr-295	332	24	3216.017	3216.017	NUM
asfbr-295	332	25	akaike	akaike	ADJ
asfbr-295	332	26	info	info	NOUN
asfbr-295	332	27	criterion	criterion	NOUN
asfbr-295	332	28	18.99490	18.99490	NUM
asfbr-295	332	29	sum	sum	NOUN
asfbr-295	332	30	squared	square	VERB
asfbr-295	332	31	resid	resid	NOUN
asfbr-295	332	32	1.97e+09	1.97e+09	NUM
asfbr-295	332	33	schwarz	schwarz	PROPN
asfbr-295	332	34	criterion	criterion	NOUN
asfbr-295	332	35	19.01192	19.01192	NUM
asfbr-295	332	36	log	log	NOUN
asfbr-295	332	37	-	-	PUNCT
asfbr-295	332	38	likelihood	likelihood	NOUN
asfbr-295	332	39	-1813.013	-1813.013	PUNCT
asfbr-295	332	40	durbin	durbin	ADJ
asfbr-295	332	41	-	-	PUNCT
asfbr-295	332	42	watson	watson	NOUN
asfbr-295	332	43	stat	stat	PROPN
asfbr-295	332	44	2.149772	2.149772	NUM
asfbr-295	332	45	-1200	-1200	NOUN
asfbr-295	333	1	-800	-800	INTJ
asfbr-295	334	1	-400	-400	PROPN
asfbr-295	334	2	0	0	NUM
asfbr-295	334	3	400	400	NUM
asfbr-295	334	4	800	800	NUM
asfbr-295	334	5	1200	1200	NUM
asfbr-295	334	6	-1500	-1500	NUM
asfbr-295	334	7	-1000	-1000	INTJ
asfbr-295	335	1	-500	-500	NUM
asfbr-295	335	2	0	0	NUM
asfbr-295	335	3	500	500	NUM
asfbr-295	335	4	1000	1000	NUM
asfbr-295	335	5	66	66	NUM
asfbr-295	335	6	68	68	NUM
asfbr-295	335	7	70	70	NUM
asfbr-295	335	8	72	72	NUM
asfbr-295	335	9	74	74	NUM
asfbr-295	335	10	76	76	NUM
asfbr-295	335	11	78	78	NUM
asfbr-295	335	12	80	80	NUM
asfbr-295	335	13	residual	residual	ADJ
asfbr-295	335	14	actual	actual	ADJ
asfbr-295	335	15	fitted	fit	VERB
asfbr-295	335	16	copyright	copyright	NOUN
asfbr-295	335	17	©	©	PROPN
asfbr-295	335	18	cc	cc	PROPN
asfbr-295	335	19	-	-	PUNCT
asfbr-295	335	20	by	by	ADP
asfbr-295	335	21	-	-	PUNCT
asfbr-295	335	22	nc	nc	PROPN
asfbr-295	335	23	2019	2019	NUM
asfbr-295	335	24	,	,	PUNCT
asfbr-295	335	25	cribfb	cribfb	PROPN
asfbr-295	335	26	|	|	ADV
asfbr-295	335	27	afbr	afbr	ADV
asfbr-295	335	28	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	335	29	asian	asian	ADJ
asfbr-295	335	30	finance	finance	PROPN
asfbr-295	335	31	&	&	CCONJ
asfbr-295	335	32	banking	banking	PROPN
asfbr-295	335	33	review	review	PROPN
asfbr-295	335	34	vol	vol	NOUN
asfbr-295	335	35	.	.	PROPN
asfbr-295	336	1	3	3	NUM
asfbr-295	336	2	,	,	PUNCT
asfbr-295	336	3	no	no	INTJ
asfbr-295	336	4	.	.	NOUN
asfbr-295	336	5	1	1	NUM
asfbr-295	336	6	;	;	PUNCT
asfbr-295	336	7	2019	2019	NUM
asfbr-295	336	8	62	62	NUM
asfbr-295	336	9	dependent	dependent	ADJ
asfbr-295	336	10	variable	variable	NOUN
asfbr-295	336	11	:	:	PUNCT
asfbr-295	336	12	d(reseq3	d(reseq3	NOUN
asfbr-295	336	13	)	)	PUNCT
asfbr-295	336	14	method	method	NOUN
asfbr-295	336	15	:	:	PUNCT
asfbr-295	336	16	least	least	ADJ
asfbr-295	336	17	squares	square	NOUN
asfbr-295	336	18	sample(adjusted	sample(adjuste	VERB
asfbr-295	336	19	):	):	PUNCT
asfbr-295	336	20	1365:02	1365:02	NUM
asfbr-295	336	21	1380:12	1380:12	NUM
asfbr-295	336	22	included	include	VERB
asfbr-295	336	23	observations	observation	NOUN
asfbr-295	336	24	:	:	PUNCT
asfbr-295	336	25	191	191	NUM
asfbr-295	336	26	after	after	ADP
asfbr-295	336	27	adjusting	adjust	VERB
asfbr-295	336	28	endpoints	endpoint	NOUN
asfbr-295	336	29	variable	variable	ADJ
asfbr-295	336	30	coefficien	coefficien	NOUN
asfbr-295	336	31	t	t	PROPN
asfbr-295	336	32	std	std	PROPN
asfbr-295	336	33	.	.	PUNCT
asfbr-295	336	34	error	error	NOUN
asfbr-295	336	35	t	t	NOUN
asfbr-295	336	36	-	-	PUNCT
asfbr-295	336	37	statistic	statistic	NOUN
asfbr-295	336	38	prob	prob	NOUN
asfbr-295	336	39	.	.	PUNCT
asfbr-295	337	1	reseq3(-1	reseq3(-1	VERB
asfbr-295	337	2	)	)	PUNCT
asfbr-295	337	3	-0.143351	-0.143351	NOUN
asfbr-295	337	4	0.037861	0.037861	NUM
asfbr-295	337	5	-3.786216	-3.786216	VERB
asfbr-295	337	6	0.0002	0.0002	NUM
asfbr-295	337	7	r	r	NOUN
asfbr-295	337	8	-	-	PUNCT
asfbr-295	337	9	squared	square	VERB
asfbr-295	337	10	0.070105	0.070105	NUM
asfbr-295	337	11	mean	mean	NOUN
asfbr-295	337	12	dependent	dependent	ADJ
asfbr-295	337	13	var	var	NOUN
asfbr-295	337	14	0.011469	0.011469	NUM
asfbr-295	337	15	adjusted	adjusted	ADJ
asfbr-295	337	16	r	r	NOUN
asfbr-295	337	17	-	-	PUNCT
asfbr-295	337	18	squared	square	VERB
asfbr-295	337	19	0.070105	0.070105	NUM
asfbr-295	337	20	s.d	s.d	PROPN
asfbr-295	337	21	.	.	PUNCT
asfbr-295	338	1	dependent	dependent	ADJ
asfbr-295	338	2	var	var	NOUN
asfbr-295	338	3	1.554762	1.554762	NUM
asfbr-295	338	4	s.e	s.e	PROPN
asfbr-295	338	5	.	.	PROPN
asfbr-295	338	6	of	of	ADP
asfbr-295	338	7	regression	regression	NOUN
asfbr-295	338	8	1.499273	1.499273	NUM
asfbr-295	338	9	akaike	akaike	ADJ
asfbr-295	338	10	info	info	NOUN
asfbr-295	338	11	criterion	criterion	NOUN
asfbr-295	338	12	3.653060	3.653060	NUM
asfbr-295	338	13	sum	sum	NOUN
asfbr-295	338	14	squared	square	VERB
asfbr-295	338	15	resid	resid	NOUN
asfbr-295	338	16	427.0858	427.0858	NUM
asfbr-295	338	17	schwarz	schwarz	NOUN
asfbr-295	338	18	criterion	criterion	NOUN
asfbr-295	339	1	3.670087	3.670087	NUM
asfbr-295	339	2	log	log	NOUN
asfbr-295	339	3	-	-	PUNCT
asfbr-295	339	4	likelihood	likelihood	NOUN
asfbr-295	339	5	-347.8672	-347.8672	PROPN
asfbr-295	339	6	durbin	durbin	PROPN
asfbr-295	339	7	-	-	PUNCT
asfbr-295	339	8	watson	watson	NOUN
asfbr-295	339	9	stat	stat	NOUN
asfbr-295	339	10	2.238935	2.238935	NUM
asfbr-295	339	11	10	10	NUM
asfbr-295	339	12	.	.	PUNCT
asfbr-295	340	1	selling	sell	VERB
asfbr-295	340	2	foreign	foreign	ADJ
asfbr-295	340	3	exchange	exchange	NOUN
asfbr-295	340	4	one	one	NUM
asfbr-295	340	5	of	of	ADP
asfbr-295	340	6	the	the	DET
asfbr-295	340	7	variables	variable	NOUN
asfbr-295	340	8	which	which	PRON
asfbr-295	340	9	have	have	AUX
asfbr-295	340	10	not	not	PART
asfbr-295	340	11	been	be	AUX
asfbr-295	340	12	used	use	VERB
asfbr-295	340	13	here	here	ADV
asfbr-295	340	14	is	be	AUX
asfbr-295	340	15	the	the	DET
asfbr-295	340	16	selling	selling	NOUN
asfbr-295	340	17	of	of	ADP
asfbr-295	340	18	foreign	foreign	ADJ
asfbr-295	340	19	exchange	exchange	NOUN
asfbr-295	340	20	in	in	ADP
asfbr-295	340	21	the	the	DET
asfbr-295	340	22	parallel	parallel	ADJ
asfbr-295	340	23	market	market	NOUN
asfbr-295	340	24	.	.	PUNCT
asfbr-295	341	1	as	as	SCONJ
asfbr-295	341	2	it	it	PRON
asfbr-295	341	3	was	be	AUX
asfbr-295	341	4	mentioned	mention	VERB
asfbr-295	341	5	,	,	PUNCT
asfbr-295	341	6	the	the	DET
asfbr-295	341	7	application	application	NOUN
asfbr-295	341	8	of	of	ADP
asfbr-295	341	9	this	this	DET
asfbr-295	341	10	policy	policy	NOUN
asfbr-295	341	11	can	can	AUX
asfbr-295	341	12	affect	affect	VERB
asfbr-295	341	13	the	the	DET
asfbr-295	341	14	monetary	monetary	ADJ
asfbr-295	341	15	and	and	CCONJ
asfbr-295	341	16	exchange	exchange	NOUN
asfbr-295	341	17	sectors	sector	NOUN
asfbr-295	341	18	of	of	ADP
asfbr-295	341	19	the	the	DET
asfbr-295	341	20	economy	economy	NOUN
asfbr-295	341	21	.	.	PUNCT
asfbr-295	342	1	unfortunately	unfortunately	ADV
asfbr-295	342	2	,	,	PUNCT
asfbr-295	342	3	the	the	DET
asfbr-295	342	4	monthly	monthly	ADJ
asfbr-295	342	5	data	datum	NOUN
asfbr-295	342	6	for	for	ADP
asfbr-295	342	7	this	this	DET
asfbr-295	342	8	variable	variable	NOUN
asfbr-295	342	9	is	be	AUX
asfbr-295	342	10	not	not	PART
asfbr-295	342	11	available	available	ADJ
asfbr-295	342	12	;	;	PUNCT
asfbr-295	342	13	the	the	DET
asfbr-295	342	14	annual	annual	ADJ
asfbr-295	342	15	data	datum	NOUN
asfbr-295	342	16	as	as	ADP
asfbr-295	342	17	budget	budget	NOUN
asfbr-295	342	18	information	information	NOUN
asfbr-295	342	19	is	be	AUX
asfbr-295	342	20	available	available	ADJ
asfbr-295	342	21	in	in	ADP
asfbr-295	342	22	the	the	DET
asfbr-295	342	23	central	central	ADJ
asfbr-295	342	24	bank	bank	NOUN
asfbr-295	342	25	reports	report	NOUN
asfbr-295	342	26	.	.	PUNCT
asfbr-295	343	1	these	these	DET
asfbr-295	343	2	figures	figure	NOUN
asfbr-295	343	3	have	have	AUX
asfbr-295	343	4	been	be	AUX
asfbr-295	343	5	presented	present	VERB
asfbr-295	343	6	in	in	ADP
asfbr-295	343	7	the	the	DET
asfbr-295	343	8	previous	previous	ADJ
asfbr-295	343	9	sections	section	NOUN
asfbr-295	343	10	of	of	ADP
asfbr-295	343	11	this	this	DET
asfbr-295	343	12	paper	paper	NOUN
asfbr-295	343	13	.	.	PUNCT
asfbr-295	344	1	studies	study	NOUN
asfbr-295	344	2	show	show	VERB
asfbr-295	344	3	the	the	DET
asfbr-295	344	4	relationship	relationship	NOUN
asfbr-295	344	5	between	between	ADP
asfbr-295	344	6	this	this	DET
asfbr-295	344	7	variable	variable	NOUN
asfbr-295	344	8	and	and	CCONJ
asfbr-295	344	9	the	the	DET
asfbr-295	344	10	foreign	foreign	ADJ
asfbr-295	344	11	exchange	exchange	NOUN
asfbr-295	344	12	rate	rate	NOUN
asfbr-295	344	13	in	in	ADP
asfbr-295	344	14	the	the	DET
asfbr-295	344	15	parallel	parallel	ADJ
asfbr-295	344	16	market	market	NOUN
asfbr-295	344	17	.	.	PUNCT
asfbr-295	345	1	the	the	DET
asfbr-295	345	2	macro	macro	ADJ
asfbr-295	345	3	-	-	ADJ
asfbr-295	345	4	econometric	econometric	ADJ
asfbr-295	345	5	model	model	NOUN
asfbr-295	345	6	of	of	ADP
asfbr-295	345	7	iran11	iran11	PROPN
asfbr-295	345	8	shows	show	VERB
asfbr-295	345	9	that	that	SCONJ
asfbr-295	345	10	there	there	PRON
asfbr-295	345	11	is	be	VERB
asfbr-295	345	12	a	a	DET
asfbr-295	345	13	significant	significant	ADJ
asfbr-295	345	14	relationship	relationship	NOUN
asfbr-295	345	15	between	between	ADP
asfbr-295	345	16	selling	sell	VERB
asfbr-295	345	17	foreign	foreign	ADJ
asfbr-295	345	18	exchange	exchange	NOUN
asfbr-295	345	19	in	in	ADP
asfbr-295	345	20	the	the	DET
asfbr-295	345	21	parallel	parallel	ADJ
asfbr-295	345	22	market	market	NOUN
asfbr-295	345	23	and	and	CCONJ
asfbr-295	345	24	dollar	dollar	NOUN
asfbr-295	345	25	rate	rate	NOUN
asfbr-295	345	26	in	in	ADP
asfbr-295	345	27	that	that	DET
asfbr-295	345	28	market	market	NOUN
asfbr-295	345	29	.	.	PUNCT
asfbr-295	346	1	the	the	DET
asfbr-295	346	2	following	follow	VERB
asfbr-295	346	3	relationship	relationship	NOUN
asfbr-295	346	4	has	have	AUX
asfbr-295	346	5	been	be	AUX
asfbr-295	346	6	defined	define	VERB
asfbr-295	346	7	in	in	ADP
asfbr-295	346	8	that	that	DET
asfbr-295	346	9	model	model	NOUN
asfbr-295	346	10	:	:	PUNCT
asfbr-295	346	11	dollar	dollar	NOUN
asfbr-295	346	12	rate	rate	NOUN
asfbr-295	346	13	=	=	NOUN
asfbr-295	346	14	f(selling	f(selle	VERB
asfbr-295	346	15	exchange	exchange	NOUN
asfbr-295	346	16	in	in	ADP
asfbr-295	346	17	parallel	parallel	ADJ
asfbr-295	346	18	market	market	NOUN
asfbr-295	346	19	,	,	PUNCT
asfbr-295	346	20	liquidity	liquidity	NOUN
asfbr-295	346	21	,	,	PUNCT
asfbr-295	346	22	cumulative	cumulative	ADJ
asfbr-295	346	23	balance	balance	NOUN
asfbr-295	346	24	of	of	ADP
asfbr-295	346	25	payments	payment	NOUN
asfbr-295	346	26	)	)	PUNCT
asfbr-295	346	27	the	the	DET
asfbr-295	346	28	above	above	ADJ
asfbr-295	346	29	study	study	NOUN
asfbr-295	346	30	showed	show	VERB
asfbr-295	346	31	that	that	SCONJ
asfbr-295	346	32	it	it	PRON
asfbr-295	346	33	is	be	AUX
asfbr-295	346	34	not	not	PART
asfbr-295	346	35	possible	possible	ADJ
asfbr-295	346	36	to	to	PART
asfbr-295	346	37	find	find	VERB
asfbr-295	346	38	a	a	DET
asfbr-295	346	39	significant	significant	ADJ
asfbr-295	346	40	relationship	relationship	NOUN
asfbr-295	346	41	for	for	ADP
asfbr-295	346	42	the	the	DET
asfbr-295	346	43	above	above	ADJ
asfbr-295	346	44	function	function	NOUN
asfbr-295	346	45	in	in	ADP
asfbr-295	346	46	the	the	DET
asfbr-295	346	47	short	short	ADJ
asfbr-295	346	48	11	11	NUM
asfbr-295	346	49	bidabad	bidabad	NOUN
asfbr-295	346	50	,	,	PUNCT
asfbr-295	346	51	1996	1996	NUM
asfbr-295	346	52	.	.	PUNCT
asfbr-295	347	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	348	1	-20000	-20000	PROPN
asfbr-295	349	1	-10000	-10000	PROPN
asfbr-295	349	2	0	0	NUM
asfbr-295	349	3	10000	10000	NUM
asfbr-295	349	4	20000	20000	NUM
asfbr-295	350	1	-20000	-20000	NUM
asfbr-295	351	1	-10000	-10000	NOUN
asfbr-295	351	2	0	0	NUM
asfbr-295	351	3	10000	10000	NUM
asfbr-295	351	4	20000	20000	NUM
asfbr-295	351	5	66	66	NUM
asfbr-295	351	6	68	68	NUM
asfbr-295	351	7	70	70	NUM
asfbr-295	351	8	72	72	NUM
asfbr-295	351	9	74	74	NUM
asfbr-295	351	10	76	76	NUM
asfbr-295	351	11	78	78	NUM
asfbr-295	351	12	80	80	NUM
asfbr-295	351	13	residual	residual	ADJ
asfbr-295	351	14	actual	actual	ADJ
asfbr-295	351	15	fitted	fit	VERB
asfbr-295	351	16	-8	-8	NOUN
asfbr-295	351	17	-4	-4	NOUN
asfbr-295	351	18	0	0	NUM
asfbr-295	351	19	4	4	NUM
asfbr-295	351	20	8	8	NUM
asfbr-295	351	21	-8	-8	NOUN
asfbr-295	351	22	-4	-4	NOUN
asfbr-295	351	23	0	0	NUM
asfbr-295	351	24	4	4	NUM
asfbr-295	351	25	8	8	NUM
asfbr-295	351	26	66	66	NUM
asfbr-295	351	27	68	68	NUM
asfbr-295	351	28	70	70	NUM
asfbr-295	351	29	72	72	NUM
asfbr-295	351	30	74	74	NUM
asfbr-295	351	31	76	76	NUM
asfbr-295	351	32	78	78	NUM
asfbr-295	351	33	80	80	NUM
asfbr-295	351	34	residual	residual	ADJ
asfbr-295	351	35	actual	actual	ADJ
asfbr-295	351	36	fitted	fit	VERB
asfbr-295	351	37	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	351	38	copyright	copyright	NOUN
asfbr-295	351	39	©	©	PROPN
asfbr-295	351	40	cc	cc	PROPN
asfbr-295	351	41	-	-	PUNCT
asfbr-295	351	42	by	by	ADP
asfbr-295	351	43	-	-	PUNCT
asfbr-295	351	44	nc	nc	PROPN
asfbr-295	351	45	2019	2019	NUM
asfbr-295	351	46	,	,	PUNCT
asfbr-295	351	47	cribfb	cribfb	PROPN
asfbr-295	351	48	|	|	ADV
asfbr-295	351	49	afbr	afbr	ADV
asfbr-295	351	50	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	351	51	asian	asian	ADJ
asfbr-295	351	52	finance	finance	PROPN
asfbr-295	351	53	&	&	CCONJ
asfbr-295	351	54	banking	banking	PROPN
asfbr-295	351	55	review	review	PROPN
asfbr-295	351	56	vol	vol	NOUN
asfbr-295	351	57	.	.	PROPN
asfbr-295	352	1	3	3	NUM
asfbr-295	352	2	,	,	PUNCT
asfbr-295	352	3	no	no	INTJ
asfbr-295	352	4	.	.	NOUN
asfbr-295	352	5	1	1	NUM
asfbr-295	352	6	;	;	PUNCT
asfbr-295	352	7	2019	2019	NUM
asfbr-295	352	8	63	63	NUM
asfbr-295	352	9	run	run	NOUN
asfbr-295	352	10	,	,	PUNCT
asfbr-295	352	11	even	even	ADV
asfbr-295	352	12	though	though	SCONJ
asfbr-295	352	13	this	this	DET
asfbr-295	352	14	function	function	NOUN
asfbr-295	352	15	is	be	AUX
asfbr-295	352	16	statistically	statistically	ADV
asfbr-295	352	17	satisfactory	satisfactory	ADJ
asfbr-295	352	18	.	.	PUNCT
asfbr-295	353	1	the	the	DET
asfbr-295	353	2	reason	reason	NOUN
asfbr-295	353	3	for	for	ADP
asfbr-295	353	4	that	that	PRON
asfbr-295	353	5	is	be	AUX
asfbr-295	353	6	perhaps	perhaps	ADV
asfbr-295	353	7	the	the	DET
asfbr-295	353	8	lack	lack	NOUN
asfbr-295	353	9	of	of	ADP
asfbr-295	353	10	monthly	monthly	ADJ
asfbr-295	353	11	data	datum	NOUN
asfbr-295	353	12	series	series	NOUN
asfbr-295	353	13	of	of	ADP
asfbr-295	353	14	selling	sell	VERB
asfbr-295	353	15	foreign	foreign	ADJ
asfbr-295	353	16	exchange	exchange	NOUN
asfbr-295	353	17	for	for	ADP
asfbr-295	353	18	a	a	DET
asfbr-295	353	19	long	long	ADJ
asfbr-295	353	20	period	period	NOUN
asfbr-295	353	21	.	.	PUNCT
asfbr-295	354	1	as	as	SCONJ
asfbr-295	354	2	it	it	PRON
asfbr-295	354	3	was	be	AUX
asfbr-295	354	4	mentioned	mention	VERB
asfbr-295	354	5	,	,	PUNCT
asfbr-295	354	6	there	there	PRON
asfbr-295	354	7	is	be	VERB
asfbr-295	354	8	a	a	DET
asfbr-295	354	9	long	long	ADJ
asfbr-295	354	10	term	term	NOUN
asfbr-295	354	11	relationship	relationship	NOUN
asfbr-295	354	12	between	between	ADP
asfbr-295	354	13	these	these	DET
asfbr-295	354	14	variables	variable	NOUN
asfbr-295	354	15	;	;	PUNCT
asfbr-295	354	16	a	a	DET
asfbr-295	354	17	concrete	concrete	ADJ
asfbr-295	354	18	short	short	ADJ
asfbr-295	354	19	-	-	PUNCT
asfbr-295	354	20	run	run	NOUN
asfbr-295	354	21	relationship	relationship	NOUN
asfbr-295	354	22	has	have	AUX
asfbr-295	354	23	not	not	PART
asfbr-295	354	24	been	be	AUX
asfbr-295	354	25	found	find	VERB
asfbr-295	354	26	.	.	PUNCT
asfbr-295	355	1	the	the	DET
asfbr-295	355	2	cross	cross	NOUN
asfbr-295	355	3	-	-	NOUN
asfbr-295	355	4	correlogram	correlogram	NOUN
asfbr-295	355	5	below	below	ADP
asfbr-295	355	6	shows	show	NOUN
asfbr-295	355	7	:	:	PUNCT
asfbr-295	355	8	selling	sell	VERB
asfbr-295	355	9	foreign	foreign	ADJ
asfbr-295	355	10	exchange	exchange	NOUN
asfbr-295	355	11	with	with	ADP
asfbr-295	355	12	different	different	ADJ
asfbr-295	355	13	lags	lag	NOUN
asfbr-295	355	14	has	have	VERB
asfbr-295	355	15	little	little	ADJ
asfbr-295	355	16	effects	effect	NOUN
asfbr-295	355	17	with	with	ADP
asfbr-295	355	18	different	different	ADJ
asfbr-295	355	19	directions	direction	NOUN
asfbr-295	355	20	on	on	ADP
asfbr-295	355	21	the	the	DET
asfbr-295	355	22	parity	parity	NOUN
asfbr-295	355	23	rate	rate	NOUN
asfbr-295	355	24	of	of	ADP
asfbr-295	355	25	rial	rial	NOUN
asfbr-295	355	26	.	.	PUNCT
asfbr-295	356	1	the	the	DET
asfbr-295	356	2	next	next	ADJ
asfbr-295	356	3	graph	graph	NOUN
asfbr-295	356	4	shows	show	VERB
asfbr-295	356	5	the	the	DET
asfbr-295	356	6	same	same	ADJ
asfbr-295	356	7	conclusion	conclusion	NOUN
asfbr-295	356	8	for	for	ADP
asfbr-295	356	9	the	the	DET
asfbr-295	356	10	relationship	relationship	NOUN
asfbr-295	356	11	between	between	ADP
asfbr-295	356	12	liquidity	liquidity	NOUN
asfbr-295	356	13	and	and	CCONJ
asfbr-295	356	14	dollar	dollar	NOUN
asfbr-295	356	15	rate	rate	NOUN
asfbr-295	356	16	.	.	PUNCT
asfbr-295	357	1	in	in	ADP
asfbr-295	357	2	other	other	ADJ
asfbr-295	357	3	words	word	NOUN
asfbr-295	357	4	,	,	PUNCT
asfbr-295	357	5	in	in	ADP
asfbr-295	357	6	spite	spite	NOUN
asfbr-295	357	7	of	of	ADP
asfbr-295	357	8	the	the	DET
asfbr-295	357	9	existence	existence	NOUN
asfbr-295	357	10	of	of	ADP
asfbr-295	357	11	a	a	DET
asfbr-295	357	12	relationship	relationship	NOUN
asfbr-295	357	13	,	,	PUNCT
asfbr-295	357	14	in	in	ADP
asfbr-295	357	15	the	the	DET
asfbr-295	357	16	long	long	ADJ
asfbr-295	357	17	run	run	NOUN
asfbr-295	357	18	,	,	PUNCT
asfbr-295	357	19	it	it	PRON
asfbr-295	357	20	is	be	AUX
asfbr-295	357	21	not	not	PART
asfbr-295	357	22	possible	possible	ADJ
asfbr-295	357	23	to	to	PART
asfbr-295	357	24	define	define	VERB
asfbr-295	357	25	such	such	DET
asfbr-295	357	26	a	a	DET
asfbr-295	357	27	relationship	relationship	NOUN
asfbr-295	357	28	in	in	ADP
asfbr-295	357	29	the	the	DET
asfbr-295	357	30	short	short	ADJ
asfbr-295	357	31	run	run	NOUN
asfbr-295	357	32	.	.	PUNCT
asfbr-295	358	1	the	the	DET
asfbr-295	358	2	same	same	ADJ
asfbr-295	358	3	is	be	AUX
asfbr-295	358	4	understood	understand	VERB
asfbr-295	358	5	for	for	ADP
asfbr-295	358	6	the	the	DET
asfbr-295	358	7	position	position	NOUN
asfbr-295	358	8	of	of	ADP
asfbr-295	358	9	balance	balance	NOUN
asfbr-295	358	10	of	of	ADP
asfbr-295	358	11	payments	payment	NOUN
asfbr-295	358	12	and	and	CCONJ
asfbr-295	358	13	the	the	DET
asfbr-295	358	14	foreign	foreign	ADJ
asfbr-295	358	15	exchange	exchange	NOUN
asfbr-295	358	16	rate	rate	NOUN
asfbr-295	358	17	in	in	ADP
asfbr-295	358	18	the	the	DET
asfbr-295	358	19	short	short	ADJ
asfbr-295	358	20	run	run	NOUN
asfbr-295	358	21	,	,	PUNCT
asfbr-295	358	22	which	which	PRON
asfbr-295	358	23	is	be	AUX
asfbr-295	358	24	shown	show	VERB
asfbr-295	358	25	in	in	ADP
asfbr-295	358	26	the	the	DET
asfbr-295	358	27	next	next	ADJ
asfbr-295	358	28	table	table	NOUN
asfbr-295	358	29	.	.	PUNCT
asfbr-295	359	1	sample	sample	NOUN
asfbr-295	359	2	:	:	PUNCT
asfbr-295	359	3	1365:01	1365:01	NUM
asfbr-295	359	4	1381:12	1381:12	NUM
asfbr-295	359	5	included	include	VERB
asfbr-295	359	6	observations	observation	NOUN
asfbr-295	359	7	:	:	PUNCT
asfbr-295	359	8	67	67	NUM
asfbr-295	359	9	correlations	correlation	NOUN
asfbr-295	359	10	are	be	AUX
asfbr-295	359	11	asymptotically	asymptotically	ADV
asfbr-295	359	12	consistent	consistent	ADJ
asfbr-295	359	13	approximations	approximation	NOUN
asfbr-295	359	14	d(dollar),d(dollarsal	d(dollar),d(dollarsal	NOUN
asfbr-295	359	15	e)(-i	e)(-i	PROPN
asfbr-295	359	16	)	)	PUNCT
asfbr-295	359	17	d(dollar),d(dollarsal	d(dollar),d(dollarsal	NOUN
asfbr-295	359	18	e)(+i	e)(+i	ADJ
asfbr-295	359	19	)	)	PUNCT
asfbr-295	360	1	i	i	PRON
asfbr-295	360	2	lag	lag	VERB
asfbr-295	360	3	lead	lead	NOUN
asfbr-295	360	4	.*|	.*|	PUNCT
asfbr-295	360	5	.	.	PUNCT
asfbr-295	361	1	|	|	ADV
asfbr-295	361	2	.*|	.*|	PUNCT
asfbr-295	361	3	.	.	PUNCT
asfbr-295	362	1	|	|	ADV
asfbr-295	362	2	0	0	NUM
asfbr-295	362	3	0.140	0.140	NUM
asfbr-295	362	4	7	7	NUM
asfbr-295	362	5	0.140	0.140	NUM
asfbr-295	362	6	7	7	NUM
asfbr-295	362	7	.	.	PUNCT
asfbr-295	363	1	|	|	ADV
asfbr-295	363	2	.	.	PUNCT
asfbr-295	364	1	|	|	ADV
asfbr-295	364	2	.	.	PUNCT
asfbr-295	365	1	|	|	ADV
asfbr-295	365	2	.	.	PUNCT
asfbr-295	366	1	|	|	ADV
asfbr-295	366	2	1	1	NUM
asfbr-295	366	3	0.026	0.026	NUM
asfbr-295	366	4	9	9	NUM
asfbr-295	366	5	0.038	0.038	NUM
asfbr-295	366	6	1	1	NUM
asfbr-295	366	7	.	.	PUNCT
asfbr-295	367	1	|	|	ADV
asfbr-295	367	2	*	*	NOUN
asfbr-295	367	3	.	.	PUNCT
asfbr-295	368	1	|	|	ADV
asfbr-295	368	2	.	.	PUNCT
asfbr-295	369	1	|	|	ADV
asfbr-295	369	2	.	.	PUNCT
asfbr-295	370	1	|	|	ADV
asfbr-295	370	2	2	2	NUM
asfbr-295	370	3	0.074	0.074	NUM
asfbr-295	370	4	5	5	NUM
asfbr-295	370	5	0.011	0.011	NUM
asfbr-295	370	6	0	0	NUM
asfbr-295	370	7	.	.	PUNCT
asfbr-295	371	1	|	|	ADV
asfbr-295	371	2	.	.	PUNCT
asfbr-295	372	1	|	|	ADV
asfbr-295	372	2	.	.	PUNCT
asfbr-295	373	1	|	|	ADV
asfbr-295	373	2	*	*	PUNCT
asfbr-295	373	3	.	.	PUNCT
asfbr-295	374	1	|	|	ADV
asfbr-295	374	2	3	3	NUM
asfbr-295	374	3	0.010	0.010	NUM
asfbr-295	374	4	9	9	NUM
asfbr-295	374	5	0.107	0.107	NUM
asfbr-295	374	6	9	9	NUM
asfbr-295	374	7	.*|	.*|	PUNCT
asfbr-295	374	8	.	.	PUNCT
asfbr-295	375	1	|	|	ADV
asfbr-295	375	2	.*|	.*|	PUNCT
asfbr-295	375	3	.	.	PUNCT
asfbr-295	376	1	|	|	ADV
asfbr-295	376	2	4	4	NUM
asfbr-295	376	3	0.045	0.045	NUM
asfbr-295	376	4	4	4	NUM
asfbr-295	376	5	0.101	0.101	NUM
asfbr-295	376	6	7	7	NUM
asfbr-295	376	7	.*|	.*|	PUNCT
asfbr-295	376	8	.	.	PUNCT
asfbr-295	377	1	|	|	ADV
asfbr-295	377	2	.*|	.*|	PUNCT
asfbr-295	377	3	.	.	PUNCT
asfbr-295	378	1	|	|	ADV
asfbr-295	378	2	5	5	NUM
asfbr-295	378	3	0.136	0.136	NUM
asfbr-295	378	4	5	5	NUM
asfbr-295	378	5	0.067	0.067	NUM
asfbr-295	378	6	5	5	NUM
asfbr-295	378	7	.	.	PUNCT
asfbr-295	379	1	|	|	ADV
asfbr-295	379	2	.	.	PUNCT
asfbr-295	380	1	|	|	ADV
asfbr-295	380	2	.	.	PUNCT
asfbr-295	381	1	|	|	ADV
asfbr-295	381	2	*	*	PUNCT
asfbr-295	381	3	.	.	PUNCT
asfbr-295	382	1	|	|	ADV
asfbr-295	382	2	6	6	NUM
asfbr-295	382	3	0.047	0.047	NUM
asfbr-295	382	4	5	5	NUM
asfbr-295	382	5	0.064	0.064	NUM
asfbr-295	382	6	1	1	NUM
asfbr-295	382	7	.*|	.*|	PUNCT
asfbr-295	382	8	.	.	PUNCT
asfbr-295	383	1	|	|	ADV
asfbr-295	383	2	.*|	.*|	PUNCT
asfbr-295	383	3	.	.	PUNCT
asfbr-295	384	1	|	|	ADV
asfbr-295	384	2	7	7	NUM
asfbr-295	384	3	0.105	0.105	NUM
asfbr-295	384	4	3	3	NUM
asfbr-295	384	5	0.063	0.063	NUM
asfbr-295	384	6	2	2	NUM
asfbr-295	384	7	.	.	PUNCT
asfbr-295	385	1	|	|	ADV
asfbr-295	385	2	*	*	NOUN
asfbr-295	385	3	.	.	PUNCT
asfbr-295	386	1	|	|	ADV
asfbr-295	386	2	.	.	PUNCT
asfbr-295	387	1	|	|	ADV
asfbr-295	387	2	.	.	PUNCT
asfbr-295	388	1	|	|	ADV
asfbr-295	388	2	8	8	NUM
asfbr-295	388	3	0.108	0.108	NUM
asfbr-295	388	4	4	4	NUM
asfbr-295	388	5	0.019	0.019	NUM
asfbr-295	388	6	0	0	NUM
asfbr-295	388	7	.	.	PUNCT
asfbr-295	389	1	|	|	ADV
asfbr-295	389	2	.	.	PUNCT
asfbr-295	390	1	|	|	ADV
asfbr-295	390	2	.*|	.*|	PUNCT
asfbr-295	390	3	.	.	PUNCT
asfbr-295	391	1	|	|	ADV
asfbr-295	391	2	9	9	NUM
asfbr-295	391	3	0.028	0.028	NUM
asfbr-295	391	4	0	0	NUM
asfbr-295	391	5	0.108	0.108	NUM
asfbr-295	391	6	1	1	NUM
asfbr-295	391	7	*	*	PUNCT
asfbr-295	391	8	*	*	PUNCT
asfbr-295	391	9	|	|	ADV
asfbr-295	391	10	.	.	PUNCT
asfbr-295	392	1	|	|	ADV
asfbr-295	392	2	.*|	.*|	PUNCT
asfbr-295	392	3	.	.	PUNCT
asfbr-295	393	1	|	|	ADV
asfbr-295	393	2	1	1	NUM
asfbr-295	393	3	0	0	NUM
asfbr-295	393	4	0.204	0.204	NUM
asfbr-295	393	5	8	8	NUM
asfbr-295	393	6	0.078	0.078	NUM
asfbr-295	393	7	9	9	NUM
asfbr-295	393	8	.	.	PUNCT
asfbr-295	394	1	|	|	ADV
asfbr-295	394	2	*	*	NOUN
asfbr-295	394	3	.	.	PUNCT
asfbr-295	395	1	|	|	ADV
asfbr-295	395	2	.	.	PUNCT
asfbr-295	396	1	|	|	ADV
asfbr-295	396	2	.	.	PUNCT
asfbr-295	397	1	|	|	ADV
asfbr-295	397	2	1	1	NUM
asfbr-295	397	3	1	1	NUM
asfbr-295	397	4	0.114	0.114	NUM
asfbr-295	397	5	2	2	NUM
asfbr-295	397	6	0.027	0.027	NUM
asfbr-295	397	7	1	1	NUM
asfbr-295	397	8	.	.	PUNCT
asfbr-295	398	1	|	|	ADV
asfbr-295	398	2	*	*	PUNCT
asfbr-295	398	3	*	*	PUNCT
asfbr-295	399	1	|	|	ADV
asfbr-295	399	2	.	.	PUNCT
asfbr-295	400	1	|	|	ADV
asfbr-295	400	2	*	*	PUNCT
asfbr-295	400	3	.	.	PUNCT
asfbr-295	401	1	|	|	ADV
asfbr-295	401	2	1	1	NUM
asfbr-295	401	3	2	2	NUM
asfbr-295	401	4	0.160	0.160	NUM
asfbr-295	401	5	5	5	NUM
asfbr-295	401	6	0.050	0.050	NUM
asfbr-295	401	7	1	1	NUM
asfbr-295	401	8	.	.	PUNCT
asfbr-295	402	1	|	|	ADV
asfbr-295	402	2	.	.	PUNCT
asfbr-295	403	1	|	|	ADV
asfbr-295	403	2	.	.	PUNCT
asfbr-295	404	1	|	|	ADV
asfbr-295	404	2	.	.	PUNCT
asfbr-295	405	1	|	|	ADV
asfbr-295	405	2	1	1	NUM
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asfbr-295	506	8	.|	.|	ADJ
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asfbr-295	510	7	6	6	NUM
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asfbr-295	525	8	.|	.|	NOUN
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asfbr-295	527	8	.|	.|	NOUN
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asfbr-295	546	1	|	|	ADV
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asfbr-295	561	6	;	;	PUNCT
asfbr-295	561	7	2019	2019	NUM
asfbr-295	561	8	67	67	NUM
asfbr-295	561	9	0.026	0.026	NUM
asfbr-295	561	10	1	1	NUM
asfbr-295	561	11	4	4	NUM
asfbr-295	561	12	.	.	PUNCT
asfbr-295	562	1	|	|	ADV
asfbr-295	562	2	.	.	PUNCT
asfbr-295	563	1	|	|	ADV
asfbr-295	563	2	.	.	PUNCT
asfbr-295	564	1	|	|	ADV
asfbr-295	564	2	.	.	PUNCT
asfbr-295	565	1	|	|	ADV
asfbr-295	565	2	4	4	NUM
asfbr-295	565	3	0.040	0.040	NUM
asfbr-295	565	4	4	4	NUM
asfbr-295	565	5	0.025	0.025	NUM
asfbr-295	565	6	3	3	NUM
asfbr-295	565	7	.	.	PUNCT
asfbr-295	566	1	|	|	ADV
asfbr-295	566	2	.	.	PUNCT
asfbr-295	567	1	|	|	ADV
asfbr-295	567	2	.	.	PUNCT
asfbr-295	568	1	|	|	ADV
asfbr-295	568	2	.	.	PUNCT
asfbr-295	569	1	|	|	ADV
asfbr-295	569	2	5	5	NUM
asfbr-295	569	3	0.047	0.047	NUM
asfbr-295	569	4	1	1	NUM
asfbr-295	569	5	0.040	0.040	NUM
asfbr-295	569	6	8	8	NUM
asfbr-295	569	7	.	.	PUNCT
asfbr-295	570	1	|	|	ADV
asfbr-295	570	2	.	.	PUNCT
asfbr-295	571	1	|	|	ADV
asfbr-295	571	2	.	.	PUNCT
asfbr-295	572	1	|	|	ADV
asfbr-295	572	2	.	.	PUNCT
asfbr-295	573	1	|	|	ADV
asfbr-295	573	2	6	6	NUM
asfbr-295	573	3	0.020	0.020	NUM
asfbr-295	573	4	7	7	NUM
asfbr-295	573	5	0.011	0.011	NUM
asfbr-295	573	6	8	8	NUM
asfbr-295	573	7	.	.	PUNCT
asfbr-295	574	1	|	|	ADV
asfbr-295	574	2	.	.	PUNCT
asfbr-295	575	1	|	|	ADV
asfbr-295	575	2	.	.	PUNCT
asfbr-295	576	1	|	|	ADV
asfbr-295	576	2	.	.	PUNCT
asfbr-295	577	1	|	|	ADV
asfbr-295	577	2	7	7	NUM
asfbr-295	577	3	0.010	0.010	NUM
asfbr-295	577	4	1	1	NUM
asfbr-295	577	5	0.036	0.036	NUM
asfbr-295	577	6	8	8	NUM
asfbr-295	577	7	.	.	PUNCT
asfbr-295	578	1	|	|	ADV
asfbr-295	578	2	.	.	PUNCT
asfbr-295	579	1	|	|	ADV
asfbr-295	579	2	.	.	PUNCT
asfbr-295	580	1	|	|	ADV
asfbr-295	580	2	*	*	PUNCT
asfbr-295	580	3	.	.	PUNCT
asfbr-295	581	1	|	|	ADV
asfbr-295	581	2	8	8	NUM
asfbr-295	581	3	0.016	0.016	NUM
asfbr-295	581	4	3	3	NUM
asfbr-295	581	5	0.054	0.054	NUM
asfbr-295	581	6	9	9	NUM
asfbr-295	581	7	.	.	PUNCT
asfbr-295	582	1	|	|	ADV
asfbr-295	582	2	.	.	PUNCT
asfbr-295	583	1	|	|	ADV
asfbr-295	583	2	.	.	PUNCT
asfbr-295	584	1	*	*	PUNCT
asfbr-295	584	2	|	|	ADV
asfbr-295	584	3	.	.	PUNCT
asfbr-295	585	1	|	|	ADV
asfbr-295	585	2	9	9	NUM
asfbr-295	585	3	0.038	0.038	NUM
asfbr-295	585	4	3	3	NUM
asfbr-295	585	5	0.127	0.127	NUM
asfbr-295	585	6	5	5	NUM
asfbr-295	585	7	.	.	PUNCT
asfbr-295	586	1	|	|	ADV
asfbr-295	586	2	.	.	PUNCT
asfbr-295	587	1	|	|	INTJ
asfbr-295	587	2	.**|	.**|	PUNCT
asfbr-295	587	3	.	.	PUNCT
asfbr-295	588	1	|	|	ADV
asfbr-295	588	2	1	1	NUM
asfbr-295	588	3	0	0	NUM
asfbr-295	588	4	0.029	0.029	NUM
asfbr-295	588	5	6	6	NUM
asfbr-295	588	6	0.181	0.181	NUM
asfbr-295	588	7	8	8	NUM
asfbr-295	588	8	.	.	PUNCT
asfbr-295	589	1	|	|	ADV
asfbr-295	589	2	*	*	PUNCT
asfbr-295	589	3	.	.	PUNCT
asfbr-295	590	1	|	|	ADV
asfbr-295	590	2	.	.	PUNCT
asfbr-295	591	1	|	|	ADV
asfbr-295	591	2	*	*	PUNCT
asfbr-295	591	3	.	.	PUNCT
asfbr-295	592	1	|	|	ADV
asfbr-295	592	2	1	1	NUM
asfbr-295	592	3	1	1	NUM
asfbr-295	592	4	0.051	0.051	NUM
asfbr-295	592	5	7	7	NUM
asfbr-295	592	6	0.059	0.059	NUM
asfbr-295	592	7	1	1	NUM
asfbr-295	592	8	.	.	PUNCT
asfbr-295	593	1	|	|	ADV
asfbr-295	593	2	.	.	PUNCT
asfbr-295	594	1	|	|	ADV
asfbr-295	594	2	.	.	PUNCT
asfbr-295	595	1	|	|	ADV
asfbr-295	595	2	*	*	PUNCT
asfbr-295	595	3	*	*	NOUN
asfbr-295	595	4	.	.	PUNCT
asfbr-295	596	1	|	|	ADV
asfbr-295	596	2	1	1	NUM
asfbr-295	596	3	2	2	NUM
asfbr-295	596	4	0.018	0.018	NUM
asfbr-295	596	5	6	6	NUM
asfbr-295	596	6	0.187	0.187	NUM
asfbr-295	596	7	7	7	NUM
asfbr-295	596	8	.	.	PUNCT
asfbr-295	597	1	|	|	ADV
asfbr-295	597	2	.	.	PUNCT
asfbr-295	598	1	|	|	ADV
asfbr-295	598	2	.	.	PUNCT
asfbr-295	599	1	|	|	ADV
asfbr-295	599	2	*	*	PUNCT
asfbr-295	599	3	.	.	PUNCT
asfbr-295	600	1	|	|	ADV
asfbr-295	600	2	1	1	NUM
asfbr-295	600	3	3	3	NUM
asfbr-295	600	4	0.015	0.015	NUM
asfbr-295	600	5	2	2	NUM
asfbr-295	600	6	0.073	0.073	NUM
asfbr-295	600	7	9	9	NUM
asfbr-295	600	8	.	.	PUNCT
asfbr-295	601	1	|	|	ADV
asfbr-295	601	2	.	.	PUNCT
asfbr-295	602	1	|	|	ADV
asfbr-295	602	2	.	.	PUNCT
asfbr-295	603	1	|	|	ADV
asfbr-295	603	2	.	.	PUNCT
asfbr-295	604	1	|	|	ADV
asfbr-295	604	2	1	1	NUM
asfbr-295	604	3	4	4	NUM
asfbr-295	604	4	0.023	0.023	NUM
asfbr-295	604	5	9	9	NUM
asfbr-295	604	6	0.042	0.042	NUM
asfbr-295	604	7	0	0	NUM
asfbr-295	604	8	.	.	PUNCT
asfbr-295	605	1	|	|	ADV
asfbr-295	605	2	.	.	PUNCT
asfbr-295	606	1	|	|	ADV
asfbr-295	606	2	.	.	PUNCT
asfbr-295	607	1	|	|	ADV
asfbr-295	607	2	*	*	PUNCT
asfbr-295	607	3	.	.	PUNCT
asfbr-295	608	1	|	|	ADV
asfbr-295	608	2	1	1	NUM
asfbr-295	608	3	5	5	NUM
asfbr-295	608	4	0.010	0.010	NUM
asfbr-295	608	5	9	9	NUM
asfbr-295	608	6	0.098	0.098	NUM
asfbr-295	608	7	4	4	NUM
asfbr-295	608	8	.	.	PUNCT
asfbr-295	609	1	|	|	ADV
asfbr-295	609	2	.	.	PUNCT
asfbr-295	610	1	|	|	ADV
asfbr-295	610	2	.	.	PUNCT
asfbr-295	611	1	|	|	ADV
asfbr-295	611	2	*	*	PUNCT
asfbr-295	611	3	.	.	PUNCT
asfbr-295	612	1	|	|	ADV
asfbr-295	612	2	1	1	NUM
asfbr-295	612	3	6	6	NUM
asfbr-295	612	4	0.008	0.008	NUM
asfbr-295	612	5	5	5	NUM
asfbr-295	612	6	0.078	0.078	NUM
asfbr-295	612	7	8	8	NUM
asfbr-295	612	8	.	.	PUNCT
asfbr-295	613	1	|	|	ADV
asfbr-295	613	2	.	.	PUNCT
asfbr-295	614	1	|	|	ADV
asfbr-295	614	2	.	.	PUNCT
asfbr-295	615	1	|	|	ADV
asfbr-295	615	2	*	*	PUNCT
asfbr-295	615	3	*	*	NOUN
asfbr-295	615	4	.	.	PUNCT
asfbr-295	616	1	|	|	ADV
asfbr-295	616	2	1	1	NUM
asfbr-295	616	3	7	7	NUM
asfbr-295	616	4	0.008	0.008	NUM
asfbr-295	616	5	3	3	NUM
asfbr-295	616	6	0.182	0.182	NUM
asfbr-295	616	7	9	9	NUM
asfbr-295	616	8	.	.	PUNCT
asfbr-295	617	1	|	|	ADV
asfbr-295	617	2	.	.	PUNCT
asfbr-295	618	1	|	|	ADV
asfbr-295	618	2	.	.	PUNCT
asfbr-295	619	1	|	|	ADV
asfbr-295	619	2	*	*	PUNCT
asfbr-295	619	3	*	*	NOUN
asfbr-295	619	4	.	.	PUNCT
asfbr-295	620	1	|	|	ADV
asfbr-295	620	2	1	1	NUM
asfbr-295	620	3	8	8	NUM
asfbr-295	620	4	0.007	0.007	NUM
asfbr-295	620	5	0	0	NUM
asfbr-295	620	6	0.210	0.210	NUM
asfbr-295	620	7	9	9	NUM
asfbr-295	620	8	.	.	PUNCT
asfbr-295	621	1	|	|	ADV
asfbr-295	621	2	.	.	PUNCT
asfbr-295	622	1	|	|	INTJ
asfbr-295	622	2	.**|	.**|	PUNCT
asfbr-295	622	3	.	.	PUNCT
asfbr-295	623	1	|	|	ADV
asfbr-295	623	2	1	1	NUM
asfbr-295	623	3	9	9	NUM
asfbr-295	623	4	0.001	0.001	NUM
asfbr-295	623	5	8	8	NUM
asfbr-295	623	6	0.209	0.209	NUM
asfbr-295	623	7	9	9	NUM
asfbr-295	623	8	.	.	PUNCT
asfbr-295	624	1	|	|	ADV
asfbr-295	624	2	.	.	PUNCT
asfbr-295	625	1	|	|	ADV
asfbr-295	625	2	*	*	PUNCT
asfbr-295	625	3	*	*	PUNCT
asfbr-295	625	4	*	*	PUNCT
asfbr-295	625	5	*	*	PUNCT
asfbr-295	625	6	*	*	PUNCT
asfbr-295	625	7	|	|	ADV
asfbr-295	625	8	.	.	PUNCT
asfbr-295	626	1	|	|	ADV
asfbr-295	626	2	2	2	NUM
asfbr-295	626	3	0	0	NUM
asfbr-295	626	4	0.002	0.002	NUM
asfbr-295	626	5	4	4	NUM
asfbr-295	626	6	0.516	0.516	NUM
asfbr-295	626	7	7	7	NUM
asfbr-295	626	8	copyright	copyright	NOUN
asfbr-295	626	9	©	©	PROPN
asfbr-295	626	10	cc	cc	NOUN
asfbr-295	626	11	-	-	PUNCT
asfbr-295	626	12	by	by	ADP
asfbr-295	626	13	-	-	PUNCT
asfbr-295	626	14	nc	nc	PROPN
asfbr-295	626	15	2019	2019	NUM
asfbr-295	626	16	,	,	PUNCT
asfbr-295	626	17	cribfb	cribfb	PROPN
asfbr-295	626	18	|	|	ADV
asfbr-295	626	19	afbr	afbr	ADV
asfbr-295	626	20	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	626	21	asian	asian	ADJ
asfbr-295	626	22	finance	finance	PROPN
asfbr-295	626	23	&	&	CCONJ
asfbr-295	626	24	banking	banking	PROPN
asfbr-295	626	25	review	review	PROPN
asfbr-295	626	26	vol	vol	NOUN
asfbr-295	626	27	.	.	PROPN
asfbr-295	627	1	3	3	NUM
asfbr-295	627	2	,	,	PUNCT
asfbr-295	627	3	no	no	INTJ
asfbr-295	627	4	.	.	NOUN
asfbr-295	627	5	1	1	NUM
asfbr-295	627	6	;	;	PUNCT
asfbr-295	627	7	2019	2019	NUM
asfbr-295	627	8	68	68	NUM
asfbr-295	627	9	11	11	NUM
asfbr-295	627	10	.	.	PUNCT
asfbr-295	628	1	simulation	simulation	NOUN
asfbr-295	628	2	the	the	DET
asfbr-295	628	3	analysis	analysis	NOUN
asfbr-295	628	4	of	of	ADP
asfbr-295	628	5	the	the	DET
asfbr-295	628	6	long	long	ADV
asfbr-295	628	7	-	-	PUNCT
asfbr-295	628	8	run	run	NOUN
asfbr-295	628	9	relationship	relationship	NOUN
asfbr-295	628	10	between	between	ADP
asfbr-295	628	11	selling	sell	VERB
asfbr-295	628	12	foreign	foreign	ADJ
asfbr-295	628	13	exchange	exchange	NOUN
asfbr-295	628	14	in	in	ADP
asfbr-295	628	15	the	the	DET
asfbr-295	628	16	parallel	parallel	ADJ
asfbr-295	628	17	market	market	NOUN
asfbr-295	628	18	,	,	PUNCT
asfbr-295	628	19	liquidity	liquidity	NOUN
asfbr-295	628	20	,	,	PUNCT
asfbr-295	628	21	and	and	CCONJ
asfbr-295	628	22	cumulative	cumulative	ADJ
asfbr-295	628	23	balance	balance	NOUN
asfbr-295	628	24	of	of	ADP
asfbr-295	628	25	payments	payment	NOUN
asfbr-295	628	26	with	with	ADP
asfbr-295	628	27	foreign	foreign	ADJ
asfbr-295	628	28	exchange	exchange	NOUN
asfbr-295	628	29	is	be	AUX
asfbr-295	628	30	shown	show	VERB
asfbr-295	628	31	by	by	ADP
asfbr-295	628	32	a	a	DET
asfbr-295	628	33	regression	regression	NOUN
asfbr-295	628	34	.	.	PUNCT
asfbr-295	629	1	this	this	DET
asfbr-295	629	2	analysis	analysis	NOUN
asfbr-295	629	3	,	,	PUNCT
asfbr-295	629	4	which	which	PRON
asfbr-295	629	5	is	be	AUX
asfbr-295	629	6	based	base	VERB
asfbr-295	629	7	upon	upon	SCONJ
asfbr-295	629	8	annual	annual	ADJ
asfbr-295	629	9	data	datum	NOUN
asfbr-295	629	10	contain	contain	VERB
asfbr-295	629	11	these	these	DET
asfbr-295	629	12	variables	variable	NOUN
asfbr-295	629	13	:	:	PUNCT
asfbr-295	630	1	irem	irem	PROPN
asfbr-295	630	2	=	=	PUNCT
asfbr-295	630	3	the	the	DET
asfbr-295	630	4	parity	parity	NOUN
asfbr-295	630	5	rate	rate	NOUN
asfbr-295	630	6	of	of	ADP
asfbr-295	630	7	one	one	NUM
asfbr-295	630	8	dollar	dollar	NOUN
asfbr-295	630	9	with	with	ADP
asfbr-295	630	10	rial	rial	NOUN
asfbr-295	630	11	irm2v	irm2v	PUNCT
asfbr-295	630	12	=	=	SYM
asfbr-295	630	13	liquidity	liquidity	NOUN
asfbr-295	630	14	(	(	PUNCT
asfbr-295	630	15	billion	billion	NUM
asfbr-295	630	16	rials	rial	NOUN
asfbr-295	630	17	)	)	PUNCT
asfbr-295	630	18	irboptd	irboptd	ADV
asfbr-295	630	19	=	=	SYM
asfbr-295	630	20	balance	balance	NOUN
asfbr-295	630	21	of	of	ADP
asfbr-295	630	22	payments	payment	NOUN
asfbr-295	630	23	(	(	PUNCT
asfbr-295	630	24	million	million	NUM
asfbr-295	630	25	$	$	NUM
asfbr-295	630	26	)	)	PUNCT
asfbr-295	630	27	irgrdsv	irgrdsv	NOUN
asfbr-295	630	28	=	=	NOUN
asfbr-295	630	29	sale	sale	NOUN
asfbr-295	630	30	of	of	ADP
asfbr-295	630	31	foreign	foreign	ADJ
asfbr-295	630	32	exchange	exchange	NOUN
asfbr-295	630	33	in	in	ADP
asfbr-295	630	34	the	the	DET
asfbr-295	630	35	market	market	NOUN
asfbr-295	630	36	(	(	PUNCT
asfbr-295	630	37	billion	billion	NUM
asfbr-295	630	38	rials	rial	NOUN
asfbr-295	630	39	)	)	PUNCT
asfbr-295	630	40	ird99	ird99	PROPN
asfbr-295	630	41	=	=	PUNCT
asfbr-295	630	42	the	the	DET
asfbr-295	630	43	dummy	dummy	ADJ
asfbr-295	630	44	variable	variable	NOUN
asfbr-295	630	45	(	(	PUNCT
asfbr-295	630	46	equal	equal	ADJ
asfbr-295	630	47	to	to	ADP
asfbr-295	630	48	one	one	NUM
asfbr-295	630	49	in	in	ADP
asfbr-295	630	50	1998	1998	NUM
asfbr-295	630	51	)	)	PUNCT
asfbr-295	630	52	dependent	dependent	ADJ
asfbr-295	630	53	variable	variable	NOUN
asfbr-295	630	54	:	:	PUNCT
asfbr-295	630	55	irem	irem	PROPN
asfbr-295	630	56	method	method	PROPN
asfbr-295	630	57	:	:	PUNCT
asfbr-295	630	58	least	least	ADJ
asfbr-295	630	59	squares	square	NOUN
asfbr-295	630	60	date	date	NOUN
asfbr-295	630	61	:	:	PUNCT
asfbr-295	630	62	05/17/04	05/17/04	NUM
asfbr-295	630	63	time	time	NOUN
asfbr-295	630	64	:	:	PUNCT
asfbr-295	630	65	11:01	11:01	NUM
asfbr-295	630	66	sample(adjusted	sample(adjuste	VERB
asfbr-295	630	67	):	):	PUNCT
asfbr-295	630	68	1960	1960	NUM
asfbr-295	630	69	2001	2001	NUM
asfbr-295	630	70	included	include	VERB
asfbr-295	630	71	observations	observation	NOUN
asfbr-295	630	72	:	:	PUNCT
asfbr-295	630	73	42	42	NUM
asfbr-295	630	74	after	after	ADP
asfbr-295	630	75	adjusting	adjust	VERB
asfbr-295	630	76	endpoints	endpoint	NOUN
asfbr-295	630	77	irem	irem	PROPN
asfbr-295	630	78	=	=	NOUN
asfbr-295	630	79	irem(-1)+b(20011)*(irm2v	irem(-1)+b(20011)*(irm2v	NOUN
asfbr-295	630	80	-	-	PUNCT
asfbr-295	630	81	irm2v(-1))+b(20012)*irbopd	irm2v(-1))+b(20012)*irbopd	X
asfbr-295	631	1	+	+	NOUN
asfbr-295	631	2	b(20013)*irgrdsv+b(20014)*ird99	b(20013)*irgrdsv+b(20014)*ird99	NOUN
asfbr-295	631	3	coefficien	coefficien	NOUN
asfbr-295	631	4	t	t	PROPN
asfbr-295	631	5	std	std	PROPN
asfbr-295	631	6	.	.	PUNCT
asfbr-295	632	1	error	error	NOUN
asfbr-295	632	2	t	t	NOUN
asfbr-295	632	3	-	-	PUNCT
asfbr-295	632	4	statistic	statistic	NOUN
asfbr-295	632	5	prob	prob	NOUN
asfbr-295	632	6	.	.	PUNCT
asfbr-295	633	1	b(20011	b(20011	NOUN
asfbr-295	633	2	)	)	PUNCT
asfbr-295	633	3	0.055541	0.055541	NUM
asfbr-295	633	4	0.005340	0.005340	NUM
asfbr-295	633	5	10.40160	10.40160	NUM
asfbr-295	633	6	0.0000	0.0000	NUM
asfbr-295	633	7	b(20012	b(20012	NUM
asfbr-295	633	8	)	)	PUNCT
asfbr-295	633	9	-0.032592	-0.032592	VERB
asfbr-295	633	10	0.016491	0.016491	NUM
asfbr-295	633	11	-1.976378	-1.976378	NOUN
asfbr-295	633	12	0.0554	0.0554	NUM
asfbr-295	633	13	b(20013	b(20013	NOUN
asfbr-295	633	14	)	)	PUNCT
asfbr-295	633	15	-0.079829	-0.079829	PUNCT
asfbr-295	634	1	0.008465	0.008465	NUM
asfbr-295	634	2	-9.430504	-9.430504	VERB
asfbr-295	634	3	0.0000	0.0000	NUM
asfbr-295	634	4	b(20014	b(20014	NOUN
asfbr-295	634	5	)	)	PUNCT
asfbr-295	634	6	1935.572	1935.572	NUM
asfbr-295	634	7	215.1956	215.1956	NUM
asfbr-295	634	8	8.994478	8.994478	NUM
asfbr-295	634	9	0.0000	0.0000	NUM
asfbr-295	634	10	r	r	NOUN
asfbr-295	634	11	-	-	PUNCT
asfbr-295	634	12	squared	square	VERB
asfbr-295	634	13	0.993304	0.993304	NUM
asfbr-295	634	14	mean	mean	NOUN
asfbr-295	634	15	dependent	dependent	ADJ
asfbr-295	634	16	var	var	NOUN
asfbr-295	634	17	1455.924	1455.924	NUM
asfbr-295	634	18	adjusted	adjusted	ADJ
asfbr-295	634	19	r	r	NOUN
asfbr-295	634	20	-	-	PUNCT
asfbr-295	634	21	squared	square	VERB
asfbr-295	634	22	0.992775	0.992775	NUM
asfbr-295	634	23	s.d	s.d	PROPN
asfbr-295	634	24	.	.	PUNCT
asfbr-295	635	1	dependent	dependent	ADJ
asfbr-295	635	2	var	var	NOUN
asfbr-295	635	3	2421.946	2421.946	NUM
asfbr-295	635	4	s.e	s.e	PROPN
asfbr-295	635	5	.	.	PROPN
asfbr-295	635	6	of	of	ADP
asfbr-295	635	7	regression	regression	NOUN
asfbr-295	635	8	205.8675	205.8675	NUM
asfbr-295	635	9	akaike	akaike	ADJ
asfbr-295	635	10	info	info	NOUN
asfbr-295	635	11	criterion	criterion	NOUN
asfbr-295	635	12	13.58274	13.58274	NUM
asfbr-295	635	13	sum	sum	NOUN
asfbr-295	635	14	squared	square	VERB
asfbr-295	635	15	resid	resid	NOUN
asfbr-295	635	16	1610495	1610495	NUM
asfbr-295	635	17	.	.	PUNCT
asfbr-295	636	1	schwarz	schwarz	PROPN
asfbr-295	636	2	criterion	criterion	NOUN
asfbr-295	636	3	13.74823	13.74823	NUM
asfbr-295	636	4	log	log	NOUN
asfbr-295	636	5	-	-	PUNCT
asfbr-295	636	6	likelihood	likelihood	NOUN
asfbr-295	636	7	-281.2374	-281.2374	ADJ
asfbr-295	636	8	durbin	durbin	ADJ
asfbr-295	636	9	-	-	PUNCT
asfbr-295	636	10	watson	watson	NOUN
asfbr-295	636	11	stat	stat	PROPN
asfbr-295	636	12	2.310237	2.310237	NUM
asfbr-295	636	13	the	the	DET
asfbr-295	636	14	results	result	NOUN
asfbr-295	636	15	show	show	VERB
asfbr-295	636	16	that	that	SCONJ
asfbr-295	636	17	in	in	ADP
asfbr-295	636	18	the	the	DET
asfbr-295	636	19	short	short	ADJ
asfbr-295	636	20	run	run	NOUN
asfbr-295	636	21	,	,	PUNCT
asfbr-295	636	22	regulating	regulate	VERB
asfbr-295	636	23	foreign	foreign	ADJ
asfbr-295	636	24	exchange	exchange	NOUN
asfbr-295	636	25	rate	rate	NOUN
asfbr-295	636	26	by	by	ADP
asfbr-295	636	27	instruments	instrument	NOUN
asfbr-295	636	28	such	such	ADJ
asfbr-295	636	29	as	as	ADP
asfbr-295	636	30	selling	sell	VERB
asfbr-295	636	31	foreign	foreign	ADJ
asfbr-295	636	32	exchange	exchange	NOUN
asfbr-295	636	33	in	in	ADP
asfbr-295	636	34	the	the	DET
asfbr-295	636	35	market	market	NOUN
asfbr-295	636	36	or	or	CCONJ
asfbr-295	636	37	by	by	ADP
asfbr-295	636	38	controlling	control	VERB
asfbr-295	636	39	liquidity	liquidity	NOUN
asfbr-295	636	40	is	be	AUX
asfbr-295	636	41	not	not	PART
asfbr-295	636	42	possible	possible	ADJ
asfbr-295	636	43	,	,	PUNCT
asfbr-295	636	44	but	but	CCONJ
asfbr-295	636	45	in	in	ADP
asfbr-295	636	46	the	the	DET
asfbr-295	636	47	long	long	ADJ
asfbr-295	636	48	run	run	NOUN
asfbr-295	636	49	,	,	PUNCT
asfbr-295	636	50	it	it	PRON
asfbr-295	636	51	is	be	AUX
asfbr-295	636	52	possible	possible	ADJ
asfbr-295	636	53	.	.	PUNCT
asfbr-295	637	1	for	for	ADP
asfbr-295	637	2	further	further	ADJ
asfbr-295	637	3	study	study	NOUN
asfbr-295	637	4	,	,	PUNCT
asfbr-295	637	5	consider	consider	VERB
asfbr-295	637	6	these	these	DET
asfbr-295	637	7	scenarios	scenario	NOUN
asfbr-295	637	8	:	:	PUNCT
asfbr-295	637	9	scenario	scenario	NOUN
asfbr-295	637	10	0	0	NUM
asfbr-295	637	11	(	(	PUNCT
asfbr-295	637	12	baseline	baseline	NOUN
asfbr-295	637	13	):	):	PUNCT
asfbr-295	637	14	solving	solve	VERB
asfbr-295	637	15	the	the	DET
asfbr-295	637	16	equation	equation	NOUN
asfbr-295	637	17	with	with	ADP
asfbr-295	637	18	real	real	ADJ
asfbr-295	637	19	exogenous	exogenous	ADJ
asfbr-295	637	20	variables	variable	NOUN
asfbr-295	637	21	scenario	scenario	NOUN
asfbr-295	637	22	1	1	NUM
asfbr-295	637	23	:	:	SYM
asfbr-295	637	24	10	10	NUM
asfbr-295	637	25	percent	percent	NOUN
asfbr-295	637	26	increase	increase	NOUN
asfbr-295	637	27	in	in	ADP
asfbr-295	637	28	liquidity	liquidity	NOUN
asfbr-295	637	29	(	(	PUNCT
asfbr-295	637	30	irm2v*1.1	irm2v*1.1	NOUN
asfbr-295	637	31	)	)	PUNCT
asfbr-295	637	32	scenario	scenario	NOUN
asfbr-295	637	33	2	2	NUM
asfbr-295	637	34	:	:	SYM
asfbr-295	637	35	10	10	NUM
asfbr-295	637	36	percent	percent	NOUN
asfbr-295	637	37	increase	increase	NOUN
asfbr-295	637	38	in	in	ADP
asfbr-295	637	39	selling	sell	VERB
asfbr-295	637	40	foreign	foreign	ADJ
asfbr-295	637	41	exchange	exchange	NOUN
asfbr-295	637	42	in	in	ADP
asfbr-295	637	43	the	the	DET
asfbr-295	637	44	market	market	NOUN
asfbr-295	637	45	(	(	PUNCT
asfbr-295	637	46	irgdsv*1.1	irgdsv*1.1	NOUN
asfbr-295	637	47	)	)	PUNCT
asfbr-295	637	48	scenario	scenario	NOUN
asfbr-295	637	49	3	3	NUM
asfbr-295	637	50	:	:	PUNCT
asfbr-295	637	51	one	one	NUM
asfbr-295	637	52	billion	billion	NUM
asfbr-295	637	53	$	$	SYM
asfbr-295	637	54	increase	increase	NOUN
asfbr-295	637	55	in	in	ADP
asfbr-295	637	56	the	the	DET
asfbr-295	637	57	balance	balance	NOUN
asfbr-295	637	58	of	of	ADP
asfbr-295	637	59	payments	payment	NOUN
asfbr-295	637	60	(	(	PUNCT
asfbr-295	637	61	irbopd	irbopd	NOUN
asfbr-295	637	62	+1000	+1000	NUM
asfbr-295	637	63	)	)	PUNCT
asfbr-295	638	1	-1200	-1200	NOUN
asfbr-295	639	1	-800	-800	INTJ
asfbr-295	639	2	-400	-400	PROPN
asfbr-295	639	3	0	0	NUM
asfbr-295	639	4	400	400	NUM
asfbr-295	639	5	800	800	NUM
asfbr-295	639	6	-2000	-2000	NUM
asfbr-295	639	7	0	0	NUM
asfbr-295	639	8	2000	2000	NUM
asfbr-295	639	9	4000	4000	NUM
asfbr-295	639	10	6000	6000	NUM
asfbr-295	639	11	8000	8000	NUM
asfbr-295	639	12	10000	10000	NUM
asfbr-295	639	13	60	60	NUM
asfbr-295	639	14	65	65	NUM
asfbr-295	639	15	70	70	NUM
asfbr-295	639	16	75	75	NUM
asfbr-295	639	17	80	80	NUM
asfbr-295	639	18	85	85	NUM
asfbr-295	639	19	90	90	NUM
asfbr-295	639	20	95	95	NUM
asfbr-295	639	21	00	00	NUM
asfbr-295	639	22	residual	residual	ADJ
asfbr-295	639	23	actual	actual	ADJ
asfbr-295	639	24	fitted	fit	VERB
asfbr-295	639	25	copyright	copyright	NOUN
asfbr-295	639	26	©	©	PROPN
asfbr-295	639	27	cc	cc	PROPN
asfbr-295	639	28	-	-	PUNCT
asfbr-295	639	29	by	by	ADP
asfbr-295	639	30	-	-	PUNCT
asfbr-295	639	31	nc	nc	PROPN
asfbr-295	639	32	2019	2019	NUM
asfbr-295	639	33	,	,	PUNCT
asfbr-295	639	34	cribfb	cribfb	PROPN
asfbr-295	639	35	|	|	ADV
asfbr-295	639	36	afbr	afbr	ADV
asfbr-295	639	37	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	639	38	asian	asian	ADJ
asfbr-295	639	39	finance	finance	PROPN
asfbr-295	639	40	&	&	CCONJ
asfbr-295	639	41	banking	banking	PROPN
asfbr-295	639	42	review	review	PROPN
asfbr-295	639	43	vol	vol	NOUN
asfbr-295	639	44	.	.	PROPN
asfbr-295	640	1	3	3	NUM
asfbr-295	640	2	,	,	PUNCT
asfbr-295	640	3	no	no	INTJ
asfbr-295	640	4	.	.	NOUN
asfbr-295	640	5	1	1	NUM
asfbr-295	640	6	;	;	PUNCT
asfbr-295	640	7	2019	2019	NUM
asfbr-295	640	8	69	69	NUM
asfbr-295	640	9	these	these	DET
asfbr-295	640	10	scenarios	scenario	NOUN
asfbr-295	640	11	are	be	AUX
asfbr-295	640	12	defined	define	VERB
asfbr-295	640	13	by	by	ADP
asfbr-295	640	14	0	0	NUM
asfbr-295	640	15	,	,	PUNCT
asfbr-295	640	16	1	1	NUM
asfbr-295	640	17	,	,	PUNCT
asfbr-295	640	18	2	2	NUM
asfbr-295	640	19	,	,	PUNCT
asfbr-295	640	20	and	and	CCONJ
asfbr-295	640	21	3	3	NUM
asfbr-295	640	22	in	in	ADP
asfbr-295	640	23	the	the	DET
asfbr-295	640	24	next	next	ADJ
asfbr-295	640	25	table	table	NOUN
asfbr-295	640	26	,	,	PUNCT
asfbr-295	640	27	which	which	PRON
asfbr-295	640	28	are	be	AUX
asfbr-295	640	29	baseline	baseline	NOUN
asfbr-295	640	30	solution	solution	NOUN
asfbr-295	640	31	and	and	CCONJ
asfbr-295	640	32	other	other	ADJ
asfbr-295	640	33	mentioned	mention	VERB
asfbr-295	640	34	solutions	solution	NOUN
asfbr-295	640	35	,	,	PUNCT
asfbr-295	640	36	respectively	respectively	ADV
asfbr-295	640	37	.	.	PUNCT
asfbr-295	641	1	the	the	DET
asfbr-295	641	2	results	result	NOUN
asfbr-295	641	3	of	of	ADP
asfbr-295	641	4	dynamic	dynamic	ADJ
asfbr-295	641	5	simulation	simulation	NOUN
asfbr-295	641	6	show	show	VERB
asfbr-295	641	7	that	that	SCONJ
asfbr-295	641	8	a	a	DET
asfbr-295	641	9	10	10	NUM
asfbr-295	641	10	percent	percent	NOUN
asfbr-295	641	11	increase	increase	NOUN
asfbr-295	641	12	in	in	ADP
asfbr-295	641	13	liquidity	liquidity	NOUN
asfbr-295	641	14	,	,	PUNCT
asfbr-295	641	15	causes	cause	VERB
asfbr-295	641	16	16.7	16.7	NUM
asfbr-295	641	17	percent	percent	NOUN
asfbr-295	641	18	increase	increase	NOUN
asfbr-295	641	19	in	in	ADP
asfbr-295	641	20	the	the	DET
asfbr-295	641	21	foreign	foreign	ADJ
asfbr-295	641	22	exchange	exchange	NOUN
asfbr-295	641	23	rate	rate	NOUN
asfbr-295	641	24	and	and	CCONJ
asfbr-295	641	25	a	a	DET
asfbr-295	641	26	10	10	NUM
asfbr-295	641	27	percent	percent	NOUN
asfbr-295	641	28	increase	increase	NOUN
asfbr-295	641	29	in	in	ADP
asfbr-295	641	30	the	the	DET
asfbr-295	641	31	foreign	foreign	ADJ
asfbr-295	641	32	exchange	exchange	NOUN
asfbr-295	641	33	sale	sale	NOUN
asfbr-295	641	34	in	in	ADP
asfbr-295	641	35	the	the	DET
asfbr-295	641	36	parallel	parallel	ADJ
asfbr-295	641	37	market	market	NOUN
asfbr-295	641	38	will	will	AUX
asfbr-295	641	39	reduce	reduce	VERB
asfbr-295	641	40	the	the	DET
asfbr-295	641	41	foreign	foreign	ADJ
asfbr-295	641	42	exchange	exchange	NOUN
asfbr-295	641	43	rate	rate	NOUN
asfbr-295	641	44	by	by	ADP
asfbr-295	641	45	6.1	6.1	NUM
asfbr-295	641	46	percent	percent	NOUN
asfbr-295	641	47	.	.	PUNCT
asfbr-295	642	1	this	this	DET
asfbr-295	642	2	simulation	simulation	NOUN
asfbr-295	642	3	has	have	AUX
asfbr-295	642	4	been	be	AUX
asfbr-295	642	5	carried	carry	VERB
asfbr-295	642	6	out	out	ADP
asfbr-295	642	7	for	for	ADP
asfbr-295	642	8	4	4	NUM
asfbr-295	642	9	years	year	NOUN
asfbr-295	642	10	(	(	PUNCT
asfbr-295	642	11	19982001	19982001	NUM
asfbr-295	642	12	)	)	PUNCT
asfbr-295	642	13	.	.	PUNCT
asfbr-295	643	1	the	the	DET
asfbr-295	643	2	results	result	NOUN
asfbr-295	643	3	are	be	AUX
asfbr-295	643	4	presented	present	VERB
asfbr-295	643	5	in	in	ADP
asfbr-295	643	6	the	the	DET
asfbr-295	643	7	next	next	ADJ
asfbr-295	643	8	tables	table	NOUN
asfbr-295	643	9	and	and	CCONJ
asfbr-295	643	10	graphs	graph	NOUN
asfbr-295	643	11	.	.	PUNCT
asfbr-295	644	1	baseline	baseline	ADJ
asfbr-295	644	2	solution	solution	NOUN
asfbr-295	644	3	1998	1998	NUM
asfbr-295	644	4	1999	1999	NUM
asfbr-295	644	5	2000	2000	NUM
asfbr-295	644	6	2001	2001	NUM
asfbr-295	644	7	irbopd	irbopd	NOUN
asfbr-295	644	8	-1572	-1572	PROPN
asfbr-295	644	9	1845	1845	NUM
asfbr-295	645	1	6529	6529	NUM
asfbr-295	645	2	4760	4760	NUM
asfbr-295	645	3	irem_0	irem_0	PROPN
asfbr-295	645	4	(	(	PUNCT
asfbr-295	645	5	baseline	baseline	PROPN
asfbr-295	645	6	)	)	PUNCT
asfbr-295	645	7	5613	5613	NUM
asfbr-295	645	8	.	.	PUNCT
asfbr-295	646	1	4	4	NUM
asfbr-295	646	2	7646.1	7646.1	NUM
asfbr-295	646	3	7171.1	7171.1	NUM
asfbr-295	646	4	6460.0	6460.0	NUM
asfbr-295	646	5	irgrdsv	irgrdsv	NOUN
asfbr-295	646	6	6022	6022	NUM
asfbr-295	646	7	18532	18532	NUM
asfbr-295	646	8	39324	39324	NUM
asfbr-295	646	9	52445	52445	NUM
asfbr-295	646	10	irm2v	irm2v	PROPN
asfbr-295	646	11	16040	16040	NUM
asfbr-295	646	12	2	2	NUM
asfbr-295	646	13	192689	192689	NUM
asfbr-295	646	14	249111	249111	NUM
asfbr-295	646	15	320957	320957	NUM
asfbr-295	646	16	scenario	scenario	NOUN
asfbr-295	646	17	1	1	NUM
asfbr-295	646	18	1998	1998	NUM
asfbr-295	646	19	1999	1999	NUM
asfbr-295	646	20	2000	2000	NUM
asfbr-295	646	21	2001	2001	NUM
asfbr-295	646	22	irbopd	irbopd	NOUN
asfbr-295	646	23	-1572	-1572	PROPN
asfbr-295	646	24	1845	1845	NUM
asfbr-295	646	25	6529	6529	NUM
asfbr-295	646	26	4760	4760	NUM
asfbr-295	646	27	irem_1	irem_1	PROPN
asfbr-295	646	28	(	(	PUNCT
asfbr-295	646	29	scenario	scenario	NOUN
asfbr-295	646	30	1	1	NUM
asfbr-295	646	31	)	)	PUNCT
asfbr-295	646	32	6391	6391	NUM
asfbr-295	646	33	.	.	PUNCT
asfbr-295	647	1	6	6	NUM
asfbr-295	647	2	8580.9	8580.9	NUM
asfbr-295	647	3	8379.6	8379.6	NUM
asfbr-295	647	4	8017.1	8017.1	NUM
asfbr-295	647	5	irgrdsv	irgrdsv	NOUN
asfbr-295	647	6	6022	6022	NUM
asfbr-295	647	7	18532	18532	NUM
asfbr-295	647	8	39324	39324	NUM
asfbr-295	647	9	52445	52445	NUM
asfbr-295	647	10	irm2v_1	irm2v_1	X
asfbr-295	647	11	(	(	PUNCT
asfbr-295	647	12	scenario	scenario	NOUN
asfbr-295	647	13	1	1	NUM
asfbr-295	647	14	)	)	PUNCT
asfbr-295	647	15	17644	17644	NUM
asfbr-295	647	16	2	2	NUM
asfbr-295	647	17	211958	211958	NUM
asfbr-295	647	18	274022	274022	NUM
asfbr-295	647	19	353053	353053	NUM
asfbr-295	647	20	scenario	scenario	NOUN
asfbr-295	647	21	2	2	NUM
asfbr-295	647	22	1998	1998	NUM
asfbr-295	647	23	1999	1999	NUM
asfbr-295	647	24	2000	2000	NUM
asfbr-295	647	25	2001	2001	NUM
asfbr-295	647	26	irbopd	irbopd	NOUN
asfbr-295	647	27	-1572	-1572	PROPN
asfbr-295	647	28	1845	1845	NUM
asfbr-295	647	29	6529	6529	NUM
asfbr-295	647	30	4760	4760	NUM
asfbr-295	647	31	irem_2	irem_2	NOUN
asfbr-295	647	32	(	(	PUNCT
asfbr-295	647	33	scenario	scenario	NOUN
asfbr-295	647	34	2	2	NUM
asfbr-295	647	35	)	)	PUNCT
asfbr-295	647	36	5566	5566	NUM
asfbr-295	647	37	.	.	PUNCT
asfbr-295	648	1	5	5	NUM
asfbr-295	648	2	7454.6	7454.6	NUM
asfbr-295	648	3	6672.8	6672.8	NUM
asfbr-295	648	4	5552.6	5552.6	NUM
asfbr-295	648	5	irgrdsv_2	irgrdsv_2	NOUN
asfbr-295	648	6	(	(	PUNCT
asfbr-295	648	7	scenario	scenario	NOUN
asfbr-295	648	8	2	2	NUM
asfbr-295	648	9	)	)	PUNCT
asfbr-295	648	10	6624	6624	NUM
asfbr-295	648	11	20385	20385	NUM
asfbr-295	648	12	43256	43256	NUM
asfbr-295	648	13	57690	57690	NUM
asfbr-295	648	14	irm2v	irm2v	PROPN
asfbr-295	648	15	16040	16040	NUM
asfbr-295	648	16	2	2	NUM
asfbr-295	648	17	192689	192689	NUM
asfbr-295	648	18	249111	249111	NUM
asfbr-295	648	19	320957	320957	NUM
asfbr-295	648	20	scenario	scenario	NOUN
asfbr-295	648	21	3	3	NUM
asfbr-295	648	22	1998	1998	NUM
asfbr-295	648	23	1999	1999	NUM
asfbr-295	648	24	2000	2000	NUM
asfbr-295	648	25	2001	2001	NUM
asfbr-295	648	26	irbopd_3	irbopd_3	NOUN
asfbr-295	648	27	(	(	PUNCT
asfbr-295	648	28	scenario	scenario	NOUN
asfbr-295	648	29	3	3	NUM
asfbr-295	648	30	)	)	PUNCT
asfbr-295	648	31	-572	-572	PROPN
asfbr-295	648	32	2845	2845	NUM
asfbr-295	648	33	7529	7529	NUM
asfbr-295	648	34	5760	5760	NUM
asfbr-295	648	35	irem_3	irem_3	NOUN
asfbr-295	648	36	(	(	PUNCT
asfbr-295	648	37	scenario	scenario	NOUN
asfbr-295	648	38	3	3	NUM
asfbr-295	648	39	)	)	PUNCT
asfbr-295	648	40	5591	5591	NUM
asfbr-295	648	41	.	.	PUNCT
asfbr-295	649	1	3	3	NUM
asfbr-295	649	2	7601.9	7601.9	NUM
asfbr-295	649	3	7104.7	7104.7	NUM
asfbr-295	649	4	6371.5	6371.5	NUM
asfbr-295	649	5	irgrdsv	irgrdsv	NOUN
asfbr-295	649	6	6022	6022	NUM
asfbr-295	649	7	18532	18532	NUM
asfbr-295	649	8	39324	39324	NUM
asfbr-295	649	9	52445	52445	NUM
asfbr-295	649	10	irm2v	irm2v	PROPN
asfbr-295	649	11	16040	16040	NUM
asfbr-295	649	12	2	2	NUM
asfbr-295	649	13	192689	192689	NUM
asfbr-295	649	14	249111	249111	NUM
asfbr-295	649	15	320957	320957	NUM
asfbr-295	649	16	the	the	DET
asfbr-295	649	17	simulated	simulate	VERB
asfbr-295	649	18	figures	figure	NOUN
asfbr-295	649	19	of	of	ADP
asfbr-295	649	20	the	the	DET
asfbr-295	649	21	foreign	foreign	ADJ
asfbr-295	649	22	exchange	exchange	NOUN
asfbr-295	649	23	rate	rate	NOUN
asfbr-295	649	24	in	in	ADP
asfbr-295	649	25	the	the	DET
asfbr-295	649	26	three	three	NUM
asfbr-295	649	27	scenarios	scenario	NOUN
asfbr-295	649	28	1998	1998	NUM
asfbr-295	649	29	1999	1999	NUM
asfbr-295	649	30	2000	2000	NUM
asfbr-295	649	31	2001	2001	NUM
asfbr-295	649	32	irem	irem	VERB
asfbr-295	649	33	6468.4	6468.4	NUM
asfbr-295	649	34	8657.7	8657.7	NUM
asfbr-295	649	35	8188.1	8188.1	NUM
asfbr-295	649	36	8008.4	8008.4	NUM
asfbr-295	649	37	irem_0	irem_0	NOUN
asfbr-295	649	38	(	(	PUNCT
asfbr-295	649	39	baseline	baseline	NOUN
asfbr-295	649	40	)	)	PUNCT
asfbr-295	649	41	5613.4	5613.4	NUM
asfbr-295	649	42	7646.1	7646.1	NUM
asfbr-295	649	43	7171.1	7171.1	NUM
asfbr-295	649	44	6460.0	6460.0	NUM
asfbr-295	649	45	irem_1	irem_1	PROPN
asfbr-295	649	46	(	(	PUNCT
asfbr-295	649	47	scenario	scenario	NOUN
asfbr-295	649	48	1	1	NUM
asfbr-295	649	49	)	)	PUNCT
asfbr-295	649	50	6391.6	6391.6	NUM
asfbr-295	649	51	8580.9	8580.9	NUM
asfbr-295	649	52	8379.6	8379.6	NUM
asfbr-295	649	53	8017.1	8017.1	NUM
asfbr-295	649	54	irem_2	irem_2	NOUN
asfbr-295	649	55	(	(	PUNCT
asfbr-295	649	56	scenario	scenario	NOUN
asfbr-295	649	57	2	2	NUM
asfbr-295	649	58	)	)	PUNCT
asfbr-295	649	59	5566.5	5566.5	NUM
asfbr-295	649	60	7454.6	7454.6	NUM
asfbr-295	649	61	6672.8	6672.8	NUM
asfbr-295	649	62	5552.6	5552.6	NUM
asfbr-295	649	63	irem_3	irem_3	NOUN
asfbr-295	649	64	(	(	PUNCT
asfbr-295	649	65	scenario	scenario	NOUN
asfbr-295	649	66	3	3	NUM
asfbr-295	649	67	)	)	PUNCT
asfbr-295	649	68	5591.3	5591.3	NUM
asfbr-295	649	69	7601.9	7601.9	NUM
asfbr-295	649	70	7104.7	7104.7	NUM
asfbr-295	649	71	6371.5	6371.5	NUM
asfbr-295	649	72	copyright	copyright	NOUN
asfbr-295	649	73	©	©	PROPN
asfbr-295	649	74	cc	cc	NOUN
asfbr-295	649	75	-	-	PUNCT
asfbr-295	649	76	by	by	ADP
asfbr-295	649	77	-	-	PUNCT
asfbr-295	649	78	nc	nc	PROPN
asfbr-295	649	79	2019	2019	NUM
asfbr-295	649	80	,	,	PUNCT
asfbr-295	649	81	cribfb	cribfb	PROPN
asfbr-295	649	82	|	|	ADV
asfbr-295	649	83	afbr	afbr	ADV
asfbr-295	649	84	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	649	85	asian	asian	ADJ
asfbr-295	649	86	finance	finance	PROPN
asfbr-295	649	87	&	&	CCONJ
asfbr-295	649	88	banking	banking	PROPN
asfbr-295	649	89	review	review	PROPN
asfbr-295	649	90	vol	vol	NOUN
asfbr-295	649	91	.	.	PROPN
asfbr-295	650	1	3	3	NUM
asfbr-295	650	2	,	,	PUNCT
asfbr-295	650	3	no	no	INTJ
asfbr-295	650	4	.	.	NOUN
asfbr-295	650	5	1	1	NUM
asfbr-295	650	6	;	;	PUNCT
asfbr-295	650	7	2019	2019	NUM
asfbr-295	650	8	70	70	NUM
asfbr-295	650	9	the	the	DET
asfbr-295	650	10	percentage	percentage	NOUN
asfbr-295	650	11	change	change	NOUN
asfbr-295	650	12	of	of	ADP
asfbr-295	650	13	foreign	foreign	ADJ
asfbr-295	650	14	exchange	exchange	NOUN
asfbr-295	650	15	rate	rate	NOUN
asfbr-295	650	16	in	in	ADP
asfbr-295	650	17	the	the	DET
asfbr-295	650	18	parallel	parallel	ADJ
asfbr-295	650	19	market	market	NOUN
asfbr-295	650	20	in	in	ADP
asfbr-295	650	21	each	each	DET
asfbr-295	650	22	scenario	scenario	NOUN
asfbr-295	650	23	,	,	PUNCT
asfbr-295	650	24	relative	relative	ADJ
asfbr-295	650	25	to	to	ADP
asfbr-295	650	26	the	the	DET
asfbr-295	650	27	results	result	NOUN
asfbr-295	650	28	of	of	ADP
asfbr-295	650	29	the	the	DET
asfbr-295	650	30	baseline	baseline	NOUN
asfbr-295	650	31	solution	solution	NOUN
asfbr-295	650	32	is	be	AUX
asfbr-295	650	33	shown	show	VERB
asfbr-295	650	34	in	in	ADP
asfbr-295	650	35	the	the	DET
asfbr-295	650	36	following	follow	VERB
asfbr-295	650	37	table	table	NOUN
asfbr-295	650	38	:	:	PUNCT
asfbr-295	650	39	1998	1998	NUM
asfbr-295	650	40	1999	1999	NUM
asfbr-295	650	41	2000	2000	NUM
asfbr-295	650	42	2001	2001	NUM
asfbr-295	650	43	average	average	ADJ
asfbr-295	650	44	irem_p_change_1	irem_p_change_1	NOUN
asfbr-295	650	45	(	(	PUNCT
asfbr-295	650	46	scenario	scenario	NOUN
asfbr-295	650	47	1	1	NUM
asfbr-295	650	48	)	)	PUNCT
asfbr-295	650	49	13.9	13.9	NUM
asfbr-295	650	50	12.2	12.2	NUM
asfbr-295	650	51	16.9	16.9	NUM
asfbr-295	650	52	24.1	24.1	NUM
asfbr-295	650	53	16.7	16.7	NUM
asfbr-295	650	54	irem_p_change_2	irem_p_change_2	PROPN
asfbr-295	650	55	(	(	PUNCT
asfbr-295	650	56	scenario	scenario	NOUN
asfbr-295	650	57	2	2	NUM
asfbr-295	650	58	)	)	PUNCT
asfbr-295	650	59	-0.8	-0.8	PROPN
asfbr-295	650	60	-2.5	-2.5	PROPN
asfbr-295	650	61	-6.9	-6.9	PROPN
asfbr-295	650	62	-14.0	-14.0	NUM
asfbr-295	650	63	6.0	6.0	NUM
asfbr-295	650	64	irem_p_change_3	irem_p_change_3	NOUN
asfbr-295	650	65	(	(	PUNCT
asfbr-295	650	66	scenario	scenario	NOUN
asfbr-295	650	67	3	3	NUM
asfbr-295	650	68	)	)	PUNCT
asfbr-295	650	69	-0.39	-0.39	PROPN
asfbr-295	650	70	-0.58	-0.58	NUM
asfbr-295	650	71	-0.93	-0.93	PROPN
asfbr-295	650	72	-1.37	-1.37	PROPN
asfbr-295	650	73	0.8	0.8	NUM
asfbr-295	650	74	12	12	NUM
asfbr-295	650	75	.	.	PUNCT
asfbr-295	651	1	conclusion	conclusion	NOUN
asfbr-295	651	2	in	in	ADP
asfbr-295	651	3	this	this	DET
asfbr-295	651	4	paper	paper	NOUN
asfbr-295	651	5	,	,	PUNCT
asfbr-295	651	6	our	our	PRON
asfbr-295	651	7	goal	goal	NOUN
asfbr-295	651	8	was	be	AUX
asfbr-295	651	9	to	to	PART
asfbr-295	651	10	find	find	VERB
asfbr-295	651	11	out	out	ADP
asfbr-295	651	12	the	the	DET
asfbr-295	651	13	effects	effect	NOUN
asfbr-295	651	14	of	of	ADP
asfbr-295	651	15	changes	change	NOUN
asfbr-295	651	16	in	in	ADP
asfbr-295	651	17	money	money	NOUN
asfbr-295	651	18	on	on	ADP
asfbr-295	651	19	the	the	DET
asfbr-295	651	20	foreign	foreign	ADJ
asfbr-295	651	21	exchange	exchange	NOUN
asfbr-295	651	22	rate	rate	NOUN
asfbr-295	651	23	in	in	ADP
asfbr-295	651	24	the	the	DET
asfbr-295	651	25	short	short	ADJ
asfbr-295	651	26	run	run	NOUN
asfbr-295	651	27	and	and	CCONJ
asfbr-295	651	28	long	long	ADJ
asfbr-295	651	29	run	run	NOUN
asfbr-295	651	30	.	.	PUNCT
asfbr-295	652	1	in	in	ADP
asfbr-295	652	2	other	other	ADJ
asfbr-295	652	3	words	word	NOUN
asfbr-295	652	4	,	,	PUNCT
asfbr-295	652	5	we	we	PRON
asfbr-295	652	6	were	be	AUX
asfbr-295	652	7	looking	look	VERB
asfbr-295	652	8	to	to	PART
asfbr-295	652	9	find	find	VERB
asfbr-295	652	10	out	out	ADP
asfbr-295	652	11	if	if	SCONJ
asfbr-295	652	12	we	we	PRON
asfbr-295	652	13	can	can	AUX
asfbr-295	652	14	change	change	VERB
asfbr-295	652	15	foreign	foreign	ADJ
asfbr-295	652	16	exchange	exchange	NOUN
asfbr-295	652	17	rate	rate	NOUN
asfbr-295	652	18	by	by	ADP
asfbr-295	652	19	changing	change	VERB
asfbr-295	652	20	the	the	DET
asfbr-295	652	21	liquidity	liquidity	NOUN
asfbr-295	652	22	?	?	PUNCT
asfbr-295	653	1	on	on	ADP
asfbr-295	653	2	the	the	DET
asfbr-295	653	3	other	other	ADJ
asfbr-295	653	4	hand	hand	NOUN
asfbr-295	653	5	,	,	PUNCT
asfbr-295	653	6	what	what	PRON
asfbr-295	653	7	is	be	AUX
asfbr-295	653	8	the	the	DET
asfbr-295	653	9	effect	effect	NOUN
asfbr-295	653	10	of	of	ADP
asfbr-295	653	11	the	the	DET
asfbr-295	653	12	price	price	NOUN
asfbr-295	653	13	,	,	PUNCT
asfbr-295	653	14	which	which	PRON
asfbr-295	653	15	has	have	VERB
asfbr-295	653	16	an	an	DET
asfbr-295	653	17	important	important	ADJ
asfbr-295	653	18	catalyst	catalyst	NOUN
asfbr-295	653	19	role	role	NOUN
asfbr-295	653	20	in	in	ADP
asfbr-295	653	21	this	this	DET
asfbr-295	653	22	interaction	interaction	NOUN
asfbr-295	653	23	?	?	PUNCT
asfbr-295	654	1	therefore	therefore	ADV
asfbr-295	654	2	,	,	PUNCT
asfbr-295	654	3	we	we	PRON
asfbr-295	654	4	looked	look	VERB
asfbr-295	654	5	for	for	ADP
asfbr-295	654	6	the	the	DET
asfbr-295	654	7	triangular	triangular	NOUN
asfbr-295	654	8	relationship	relationship	NOUN
asfbr-295	654	9	between	between	ADP
asfbr-295	654	10	money	money	NOUN
asfbr-295	654	11	,	,	PUNCT
asfbr-295	654	12	prices	price	NOUN
asfbr-295	654	13	,	,	PUNCT
asfbr-295	654	14	and	and	CCONJ
asfbr-295	654	15	foreign	foreign	ADJ
asfbr-295	654	16	exchange	exchange	NOUN
asfbr-295	654	17	rate	rate	NOUN
asfbr-295	654	18	,	,	PUNCT
asfbr-295	654	19	through	through	ADP
asfbr-295	654	20	which	which	PRON
asfbr-295	654	21	we	we	PRON
asfbr-295	654	22	can	can	AUX
asfbr-295	654	23	reach	reach	VERB
asfbr-295	654	24	foreign	foreign	ADJ
asfbr-295	654	25	exchange	exchange	NOUN
asfbr-295	654	26	rate	rate	NOUN
asfbr-295	654	27	control	control	NOUN
asfbr-295	654	28	policies	policy	NOUN
asfbr-295	654	29	.	.	PUNCT
asfbr-295	655	1	calculations	calculation	NOUN
asfbr-295	655	2	show	show	VERB
asfbr-295	655	3	that	that	SCONJ
asfbr-295	655	4	regulating	regulate	VERB
asfbr-295	655	5	foreign	foreign	ADJ
asfbr-295	655	6	exchange	exchange	NOUN
asfbr-295	655	7	rate	rate	NOUN
asfbr-295	655	8	by	by	ADP
asfbr-295	655	9	changing	change	VERB
asfbr-295	655	10	the	the	DET
asfbr-295	655	11	amount	amount	NOUN
asfbr-295	655	12	of	of	ADP
asfbr-295	655	13	liquidity	liquidity	NOUN
asfbr-295	655	14	for	for	ADP
asfbr-295	655	15	a	a	DET
asfbr-295	655	16	period	period	NOUN
asfbr-295	655	17	of	of	ADP
asfbr-295	655	18	less	less	ADJ
asfbr-295	655	19	than	than	ADP
asfbr-295	655	20	one	one	NUM
asfbr-295	655	21	year	year	NOUN
asfbr-295	655	22	is	be	AUX
asfbr-295	655	23	not	not	PART
asfbr-295	655	24	possible	possible	ADJ
asfbr-295	655	25	,	,	PUNCT
asfbr-295	655	26	and	and	CCONJ
asfbr-295	655	27	only	only	ADV
asfbr-295	655	28	the	the	DET
asfbr-295	655	29	general	general	ADJ
asfbr-295	655	30	level	level	NOUN
asfbr-295	655	31	of	of	ADP
asfbr-295	655	32	prices	price	NOUN
asfbr-295	655	33	can	can	AUX
asfbr-295	655	34	affect	affect	VERB
asfbr-295	655	35	this	this	DET
asfbr-295	655	36	variable	variable	NOUN
asfbr-295	655	37	.	.	PUNCT
asfbr-295	656	1	but	but	CCONJ
asfbr-295	656	2	in	in	ADP
asfbr-295	656	3	annual	annual	ADJ
asfbr-295	656	4	and	and	CCONJ
asfbr-295	656	5	biannual	biannual	ADJ
asfbr-295	656	6	analysis	analysis	NOUN
asfbr-295	656	7	,	,	PUNCT
asfbr-295	656	8	we	we	PRON
asfbr-295	656	9	can	can	AUX
asfbr-295	656	10	say	say	VERB
asfbr-295	656	11	that	that	SCONJ
asfbr-295	656	12	the	the	DET
asfbr-295	656	13	control	control	NOUN
asfbr-295	656	14	of	of	ADP
asfbr-295	656	15	the	the	DET
asfbr-295	656	16	foreign	foreign	ADJ
asfbr-295	656	17	exchange	exchange	NOUN
asfbr-295	656	18	rate	rate	NOUN
asfbr-295	656	19	can	can	AUX
asfbr-295	656	20	be	be	AUX
asfbr-295	656	21	achieved	achieve	VERB
asfbr-295	656	22	through	through	ADP
asfbr-295	656	23	changes	change	NOUN
asfbr-295	656	24	in	in	ADP
asfbr-295	656	25	liquidity	liquidity	NOUN
asfbr-295	656	26	.	.	PUNCT
asfbr-295	657	1	in	in	ADP
asfbr-295	657	2	other	other	ADJ
asfbr-295	657	3	words	word	NOUN
asfbr-295	657	4	,	,	PUNCT
asfbr-295	657	5	the	the	DET
asfbr-295	657	6	long	long	ADJ
asfbr-295	657	7	run	run	NOUN
asfbr-295	657	8	trend	trend	NOUN
asfbr-295	657	9	of	of	ADP
asfbr-295	657	10	the	the	DET
asfbr-295	657	11	foreign	foreign	ADJ
asfbr-295	657	12	exchange	exchange	NOUN
asfbr-295	657	13	rate	rate	NOUN
asfbr-295	657	14	is	be	AUX
asfbr-295	657	15	defined	define	VERB
asfbr-295	657	16	by	by	ADP
asfbr-295	657	17	liquidity	liquidity	NOUN
asfbr-295	657	18	and	and	CCONJ
asfbr-295	657	19	price	price	NOUN
asfbr-295	657	20	level	level	NOUN
asfbr-295	657	21	,	,	PUNCT
asfbr-295	657	22	but	but	CCONJ
asfbr-295	657	23	prices	price	NOUN
asfbr-295	657	24	have	have	VERB
asfbr-295	657	25	also	also	ADV
asfbr-295	657	26	short	short	ADJ
asfbr-295	657	27	term	term	NOUN
asfbr-295	657	28	effect	effect	NOUN
asfbr-295	657	29	on	on	ADP
asfbr-295	657	30	the	the	DET
asfbr-295	657	31	dollar	dollar	NOUN
asfbr-295	657	32	rate	rate	NOUN
asfbr-295	657	33	.	.	PUNCT
asfbr-295	658	1	in	in	ADP
asfbr-295	658	2	the	the	DET
asfbr-295	658	3	co	co	NOUN
asfbr-295	658	4	-	-	NOUN
asfbr-295	658	5	integration	integration	NOUN
asfbr-295	658	6	analysis	analysis	NOUN
asfbr-295	658	7	,	,	PUNCT
asfbr-295	658	8	we	we	PRON
asfbr-295	658	9	checked	check	VERB
asfbr-295	658	10	whether	whether	SCONJ
asfbr-295	658	11	the	the	DET
asfbr-295	658	12	above	above	ADJ
asfbr-295	658	13	relationships	relationship	NOUN
asfbr-295	658	14	are	be	AUX
asfbr-295	658	15	credible	credible	ADJ
asfbr-295	658	16	for	for	ADP
asfbr-295	658	17	the	the	DET
asfbr-295	658	18	long	long	ADJ
asfbr-295	658	19	run	run	NOUN
asfbr-295	658	20	or	or	CCONJ
asfbr-295	658	21	not	not	PART
asfbr-295	658	22	.	.	PUNCT
asfbr-295	659	1	we	we	PRON
asfbr-295	659	2	concluded	conclude	VERB
asfbr-295	659	3	that	that	SCONJ
asfbr-295	659	4	:	:	PUNCT
asfbr-295	659	5			X
asfbr-295	660	1	liquidity	liquidity	NOUN
asfbr-295	660	2	affects	affect	VERB
asfbr-295	660	3	dollar	dollar	NOUN
asfbr-295	660	4	rate	rate	NOUN
asfbr-295	660	5	in	in	ADP
asfbr-295	660	6	the	the	DET
asfbr-295	660	7	long	long	ADJ
asfbr-295	660	8	run	run	NOUN
asfbr-295	660	9			X
asfbr-295	660	10	prices	price	NOUN
asfbr-295	660	11	affect	affect	VERB
asfbr-295	660	12	liquidity	liquidity	NOUN
asfbr-295	660	13	in	in	ADP
asfbr-295	660	14	the	the	DET
asfbr-295	660	15	long	long	ADJ
asfbr-295	660	16	run	run	NOUN
asfbr-295	660	17			VERB
asfbr-295	660	18	in	in	ADP
asfbr-295	660	19	the	the	DET
asfbr-295	660	20	long	long	ADJ
asfbr-295	660	21	run	run	NOUN
asfbr-295	660	22	,	,	PUNCT
asfbr-295	660	23	liquidity	liquidity	NOUN
asfbr-295	660	24	and	and	CCONJ
asfbr-295	660	25	dollar	dollar	NOUN
asfbr-295	660	26	rate	rate	NOUN
asfbr-295	660	27	affect	affect	VERB
asfbr-295	660	28	the	the	DET
asfbr-295	660	29	price	price	NOUN
asfbr-295	660	30	level	level	NOUN
asfbr-295	660	31	the	the	DET
asfbr-295	660	32	long	long	ADV
asfbr-295	660	33	-	-	PUNCT
asfbr-295	660	34	run	run	NOUN
asfbr-295	660	35	analysis	analysis	NOUN
asfbr-295	660	36	with	with	ADP
asfbr-295	660	37	annual	annual	ADJ
asfbr-295	660	38	data	datum	NOUN
asfbr-295	660	39	shows	show	VERB
asfbr-295	660	40	that	that	SCONJ
asfbr-295	660	41	there	there	PRON
asfbr-295	660	42	is	be	VERB
asfbr-295	660	43	a	a	DET
asfbr-295	660	44	significant	significant	ADJ
asfbr-295	660	45	relationship	relationship	NOUN
asfbr-295	660	46	between	between	ADP
asfbr-295	660	47	selling	sell	VERB
asfbr-295	660	48	foreign	foreign	ADJ
asfbr-295	660	49	exchange	exchange	NOUN
asfbr-295	660	50	in	in	ADP
asfbr-295	660	51	the	the	DET
asfbr-295	660	52	parallel	parallel	ADJ
asfbr-295	660	53	market	market	NOUN
asfbr-295	660	54	.	.	PUNCT
asfbr-295	661	1	in	in	ADP
asfbr-295	661	2	other	other	ADJ
asfbr-295	661	3	words	word	NOUN
asfbr-295	661	4	,	,	PUNCT
asfbr-295	661	5	the	the	DET
asfbr-295	661	6	dollar	dollar	NOUN
asfbr-295	661	7	rate	rate	NOUN
asfbr-295	661	8	is	be	AUX
asfbr-295	661	9	a	a	DET
asfbr-295	661	10	function	function	NOUN
asfbr-295	661	11	of	of	ADP
asfbr-295	661	12	the	the	DET
asfbr-295	661	13	cumulative	cumulative	ADJ
asfbr-295	661	14	balance	balance	NOUN
asfbr-295	661	15	of	of	ADP
asfbr-295	661	16	payments	payment	NOUN
asfbr-295	661	17	,	,	PUNCT
asfbr-295	661	18	liquidity	liquidity	NOUN
asfbr-295	661	19	,	,	PUNCT
asfbr-295	661	20	and	and	CCONJ
asfbr-295	661	21	the	the	DET
asfbr-295	661	22	amount	amount	NOUN
asfbr-295	661	23	of	of	ADP
asfbr-295	661	24	dollar	dollar	NOUN
asfbr-295	661	25	sold	sell	VERB
asfbr-295	661	26	in	in	ADP
asfbr-295	661	27	the	the	DET
asfbr-295	661	28	parallel	parallel	ADJ
asfbr-295	661	29	market	market	NOUN
asfbr-295	661	30	.	.	PUNCT
asfbr-295	662	1	the	the	DET
asfbr-295	662	2	short	short	ADJ
asfbr-295	662	3	-	-	PUNCT
asfbr-295	662	4	run	run	NOUN
asfbr-295	662	5	analysis	analysis	NOUN
asfbr-295	662	6	of	of	ADP
asfbr-295	662	7	the	the	DET
asfbr-295	662	8	relationships	relationship	NOUN
asfbr-295	662	9	shows	show	VERB
asfbr-295	662	10	that	that	SCONJ
asfbr-295	662	11	we	we	PRON
asfbr-295	662	12	can	can	AUX
asfbr-295	662	13	not	not	PART
asfbr-295	662	14	find	find	VERB
asfbr-295	662	15	a	a	DET
asfbr-295	662	16	statistically	statistically	ADV
asfbr-295	662	17	significant	significant	ADJ
asfbr-295	662	18	relationship	relationship	NOUN
asfbr-295	662	19	in	in	ADP
asfbr-295	662	20	this	this	DET
asfbr-295	662	21	regard	regard	NOUN
asfbr-295	662	22	.	.	PUNCT
asfbr-295	663	1	in	in	ADP
asfbr-295	663	2	other	other	ADJ
asfbr-295	663	3	words	word	NOUN
asfbr-295	663	4	,	,	PUNCT
asfbr-295	663	5	there	there	PRON
asfbr-295	663	6	is	be	VERB
asfbr-295	663	7	only	only	ADV
asfbr-295	663	8	a	a	DET
asfbr-295	663	9	long	long	ADV
asfbr-295	663	10	-	-	PUNCT
asfbr-295	663	11	run	run	NOUN
asfbr-295	663	12	relationship	relationship	NOUN
asfbr-295	663	13	between	between	ADP
asfbr-295	663	14	the	the	DET
asfbr-295	663	15	variables	variable	NOUN
asfbr-295	663	16	,	,	PUNCT
asfbr-295	663	17	and	and	CCONJ
asfbr-295	663	18	there	there	PRON
asfbr-295	663	19	is	be	VERB
asfbr-295	663	20	not	not	PART
asfbr-295	663	21	a	a	DET
asfbr-295	663	22	clear	clear	ADJ
asfbr-295	663	23	short	short	ADJ
asfbr-295	663	24	term	term	NOUN
asfbr-295	663	25	relationship	relationship	NOUN
asfbr-295	663	26	for	for	ADP
asfbr-295	663	27	them	they	PRON
asfbr-295	663	28	.	.	PUNCT
asfbr-295	664	1	the	the	DET
asfbr-295	664	2	studies	study	NOUN
asfbr-295	664	3	show	show	VERB
asfbr-295	664	4	that	that	SCONJ
asfbr-295	664	5	selling	sell	VERB
asfbr-295	664	6	dollars	dollar	NOUN
asfbr-295	664	7	in	in	ADP
asfbr-295	664	8	the	the	DET
asfbr-295	664	9	market	market	NOUN
asfbr-295	664	10	with	with	ADP
asfbr-295	664	11	different	different	ADJ
asfbr-295	664	12	lags	lag	NOUN
asfbr-295	664	13	have	have	VERB
asfbr-295	664	14	small	small	ADJ
asfbr-295	664	15	effects	effect	NOUN
asfbr-295	664	16	on	on	ADP
asfbr-295	664	17	the	the	DET
asfbr-295	664	18	dollar	dollar	NOUN
asfbr-295	664	19	rate	rate	NOUN
asfbr-295	664	20	in	in	ADP
asfbr-295	664	21	volatile	volatile	ADJ
asfbr-295	664	22	directions	direction	NOUN
asfbr-295	664	23	.	.	PUNCT
asfbr-295	665	1	the	the	DET
asfbr-295	665	2	same	same	ADJ
asfbr-295	665	3	is	be	AUX
asfbr-295	665	4	true	true	ADJ
asfbr-295	665	5	with	with	ADP
asfbr-295	665	6	the	the	DET
asfbr-295	665	7	relationship	relationship	NOUN
asfbr-295	665	8	of	of	ADP
asfbr-295	665	9	dollar	dollar	NOUN
asfbr-295	665	10	rate	rate	NOUN
asfbr-295	665	11	and	and	CCONJ
asfbr-295	665	12	liquidity	liquidity	NOUN
asfbr-295	665	13	.	.	PUNCT
asfbr-295	666	1	that	that	PRON
asfbr-295	666	2	is	be	AUX
asfbr-295	666	3	to	to	PART
asfbr-295	666	4	say	say	VERB
asfbr-295	666	5	,	,	PUNCT
asfbr-295	666	6	in	in	ADP
asfbr-295	666	7	spite	spite	NOUN
asfbr-295	666	8	of	of	ADP
asfbr-295	666	9	the	the	DET
asfbr-295	666	10	existence	existence	NOUN
asfbr-295	666	11	of	of	ADP
asfbr-295	666	12	a	a	DET
asfbr-295	666	13	long	long	ADJ
asfbr-295	666	14	run	run	NOUN
asfbr-295	666	15	relationship	relationship	NOUN
asfbr-295	666	16	between	between	ADP
asfbr-295	666	17	dollar	dollar	NOUN
asfbr-295	666	18	rate	rate	NOUN
asfbr-295	666	19	and	and	CCONJ
asfbr-295	666	20	liquidity	liquidity	NOUN
asfbr-295	666	21	,	,	PUNCT
asfbr-295	666	22	we	we	PRON
asfbr-295	666	23	can	can	AUX
asfbr-295	666	24	not	not	PART
asfbr-295	666	25	find	find	VERB
asfbr-295	666	26	this	this	DET
asfbr-295	666	27	relationship	relationship	NOUN
asfbr-295	666	28	for	for	ADP
asfbr-295	666	29	the	the	DET
asfbr-295	666	30	short	short	ADJ
asfbr-295	666	31	run	run	NOUN
asfbr-295	666	32	.	.	PUNCT
asfbr-295	667	1	the	the	DET
asfbr-295	667	2	same	same	ADJ
asfbr-295	667	3	is	be	AUX
asfbr-295	667	4	true	true	ADJ
asfbr-295	667	5	for	for	ADP
asfbr-295	667	6	the	the	DET
asfbr-295	667	7	relationship	relationship	NOUN
asfbr-295	667	8	between	between	ADP
asfbr-295	667	9	the	the	DET
asfbr-295	667	10	balance	balance	NOUN
asfbr-295	667	11	of	of	ADP
asfbr-295	667	12	payments	payment	NOUN
asfbr-295	667	13	and	and	CCONJ
asfbr-295	667	14	liquidity	liquidity	NOUN
asfbr-295	667	15	in	in	ADP
asfbr-295	667	16	the	the	DET
asfbr-295	667	17	short	short	ADJ
asfbr-295	667	18	run	run	NOUN
asfbr-295	667	19	.	.	PUNCT
asfbr-295	668	1	by	by	ADP
asfbr-295	668	2	simulation	simulation	NOUN
asfbr-295	668	3	of	of	ADP
asfbr-295	668	4	the	the	DET
asfbr-295	668	5	amount	amount	NOUN
asfbr-295	668	6	of	of	ADP
asfbr-295	668	7	foreign	foreign	ADJ
asfbr-295	668	8	exchange	exchange	NOUN
asfbr-295	668	9	sold	sell	VERB
asfbr-295	668	10	in	in	ADP
asfbr-295	668	11	the	the	DET
asfbr-295	668	12	parallel	parallel	ADJ
asfbr-295	668	13	market	market	NOUN
asfbr-295	668	14	,	,	PUNCT
asfbr-295	668	15	liquidity	liquidity	NOUN
asfbr-295	668	16	,	,	PUNCT
asfbr-295	668	17	and	and	CCONJ
asfbr-295	668	18	cumulative	cumulative	ADJ
asfbr-295	668	19	balance	balance	NOUN
asfbr-295	668	20	of	of	ADP
asfbr-295	668	21	payments	payment	NOUN
asfbr-295	668	22	with	with	ADP
asfbr-295	668	23	dollar	dollar	NOUN
asfbr-295	668	24	rate	rate	NOUN
asfbr-295	668	25	,	,	PUNCT
asfbr-295	668	26	we	we	PRON
asfbr-295	668	27	can	can	AUX
asfbr-295	668	28	conclude	conclude	VERB
asfbr-295	668	29	that	that	SCONJ
asfbr-295	668	30	controlling	control	VERB
asfbr-295	668	31	foreign	foreign	ADJ
asfbr-295	668	32	exchange	exchange	NOUN
asfbr-295	668	33	rate	rate	NOUN
asfbr-295	668	34	in	in	ADP
asfbr-295	668	35	the	the	DET
asfbr-295	668	36	short	short	ADJ
asfbr-295	668	37	run	run	NOUN
asfbr-295	668	38	by	by	ADP
asfbr-295	668	39	using	use	VERB
asfbr-295	668	40	tools	tool	NOUN
asfbr-295	668	41	such	such	ADJ
asfbr-295	668	42	as	as	ADP
asfbr-295	668	43	selling	sell	VERB
asfbr-295	668	44	foreign	foreign	ADJ
asfbr-295	668	45	exchange	exchange	NOUN
asfbr-295	668	46	in	in	ADP
asfbr-295	668	47	the	the	DET
asfbr-295	668	48	parallel	parallel	ADJ
asfbr-295	668	49	market	market	NOUN
asfbr-295	668	50	or	or	CCONJ
asfbr-295	668	51	controlling	control	VERB
asfbr-295	668	52	the	the	DET
asfbr-295	668	53	liquidity	liquidity	NOUN
asfbr-295	668	54	is	be	AUX
asfbr-295	668	55	not	not	PART
asfbr-295	668	56	possible	possible	ADJ
asfbr-295	668	57	,	,	PUNCT
asfbr-295	668	58	but	but	CCONJ
asfbr-295	668	59	in	in	ADP
asfbr-295	668	60	the	the	DET
asfbr-295	668	61	long	long	ADJ
asfbr-295	668	62	run	run	NOUN
asfbr-295	668	63	,	,	PUNCT
asfbr-295	668	64	5500	5500	NUM
asfbr-295	668	65	6000	6000	NUM
asfbr-295	668	66	6500	6500	NUM
asfbr-295	668	67	7000	7000	NUM
asfbr-295	668	68	7500	7500	NUM
asfbr-295	668	69	8000	8000	NUM
asfbr-295	668	70	8500	8500	NUM
asfbr-295	668	71	9000	9000	NUM
asfbr-295	668	72	1998	1998	NUM
asfbr-295	668	73	1999	1999	NUM
asfbr-295	668	74	2000	2000	NUM
asfbr-295	668	75	2001	2001	NUM
asfbr-295	668	76	irem	irem	PROPN
asfbr-295	668	77	(	(	PUNCT
asfbr-295	668	78	baseline	baseline	PROPN
asfbr-295	668	79	)	)	PUNCT
asfbr-295	668	80	irem	irem	PROPN
asfbr-295	668	81	(	(	PUNCT
asfbr-295	668	82	scenario	scenario	NOUN
asfbr-295	668	83	1	1	NUM
asfbr-295	668	84	)	)	PUNCT
asfbr-295	668	85	irem_2	irem_2	NOUN
asfbr-295	668	86	irem_3	irem_3	NOUN
asfbr-295	669	1	copyright	copyright	NOUN
asfbr-295	669	2	©	©	PROPN
asfbr-295	669	3	cc	cc	PROPN
asfbr-295	669	4	-	-	PUNCT
asfbr-295	669	5	by	by	ADP
asfbr-295	669	6	-	-	PUNCT
asfbr-295	669	7	nc	nc	PROPN
asfbr-295	669	8	2019	2019	NUM
asfbr-295	669	9	,	,	PUNCT
asfbr-295	669	10	cribfb	cribfb	PROPN
asfbr-295	669	11	|	|	ADV
asfbr-295	669	12	afbr	afbr	ADV
asfbr-295	669	13	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	669	14	asian	asian	ADJ
asfbr-295	669	15	finance	finance	PROPN
asfbr-295	669	16	&	&	CCONJ
asfbr-295	669	17	banking	banking	PROPN
asfbr-295	669	18	review	review	PROPN
asfbr-295	669	19	vol	vol	NOUN
asfbr-295	669	20	.	.	PROPN
asfbr-295	670	1	3	3	NUM
asfbr-295	670	2	,	,	PUNCT
asfbr-295	670	3	no	no	INTJ
asfbr-295	670	4	.	.	NOUN
asfbr-295	670	5	1	1	NUM
asfbr-295	670	6	;	;	PUNCT
asfbr-295	670	7	2019	2019	NUM
asfbr-295	670	8	71	71	NUM
asfbr-295	670	9	by	by	ADP
asfbr-295	670	10	the	the	DET
asfbr-295	670	11	policy	policy	NOUN
asfbr-295	670	12	of	of	ADP
asfbr-295	670	13	selling	sell	VERB
asfbr-295	670	14	foreign	foreign	ADJ
asfbr-295	670	15	exchange	exchange	NOUN
asfbr-295	670	16	and	and	CCONJ
asfbr-295	670	17	controlling	control	VERB
asfbr-295	670	18	the	the	DET
asfbr-295	670	19	liquidity	liquidity	NOUN
asfbr-295	670	20	and	and	CCONJ
asfbr-295	670	21	the	the	DET
asfbr-295	670	22	balance	balance	NOUN
asfbr-295	670	23	of	of	ADP
asfbr-295	670	24	payments	payment	NOUN
asfbr-295	670	25	,	,	PUNCT
asfbr-295	670	26	we	we	PRON
asfbr-295	670	27	can	can	AUX
asfbr-295	670	28	control	control	VERB
asfbr-295	670	29	the	the	DET
asfbr-295	670	30	foreign	foreign	ADJ
asfbr-295	670	31	exchange	exchange	NOUN
asfbr-295	670	32	market	market	NOUN
asfbr-295	670	33	.	.	PUNCT
asfbr-295	671	1	references	reference	NOUN
asfbr-295	671	2	a.j	a.j	PROPN
asfbr-295	671	3	.	.	PROPN
asfbr-295	671	4	hagger	hagger	PROPN
asfbr-295	671	5	(	(	PUNCT
asfbr-295	671	6	1977	1977	NUM
asfbr-295	671	7	)	)	PUNCT
asfbr-295	671	8	inflation	inflation	NOUN
asfbr-295	671	9	theory	theory	NOUN
asfbr-295	671	10	&	&	CCONJ
asfbr-295	671	11	policy	policy	PROPN
asfbr-295	671	12	,	,	PUNCT
asfbr-295	671	13	macmillan	macmillan	PROPN
asfbr-295	671	14	,	,	PUNCT
asfbr-295	671	15	uk	uk	PROPN
asfbr-295	671	16	.	.	PROPN
asfbr-295	671	17	ammer	ammer	PROPN
asfbr-295	671	18	,	,	PUNCT
asfbr-295	671	19	j.	j.	PROPN
asfbr-295	671	20	,	,	PUNCT
asfbr-295	671	21	r.i	r.i	PROPN
asfbr-295	671	22	.	.	PROPN
asfbr-295	671	23	freeman	freeman	PROPN
asfbr-295	671	24	,	,	PUNCT
asfbr-295	671	25	(	(	PUNCT
asfbr-295	671	26	1995	1995	NUM
asfbr-295	671	27	)	)	PUNCT
asfbr-295	671	28	.	.	PUNCT
asfbr-295	672	1	inflation	inflation	NOUN
asfbr-295	672	2	targeting	target	VERB
asfbr-295	672	3	in	in	ADP
asfbr-295	672	4	the	the	DET
asfbr-295	672	5	1990s	1990s	NUM
asfbr-295	672	6	:	:	PUNCT
asfbr-295	672	7	the	the	DET
asfbr-295	672	8	experiences	experience	NOUN
asfbr-295	672	9	of	of	ADP
asfbr-295	672	10	newzealand	newzealand	NOUN
asfbr-295	672	11	,	,	PUNCT
asfbr-295	672	12	canada	canada	PROPN
asfbr-295	672	13	,	,	PUNCT
asfbr-295	672	14	and	and	CCONJ
asfbr-295	672	15	the	the	DET
asfbr-295	672	16	united	united	ADJ
asfbr-295	672	17	kingdom	kingdom	PROPN
asfbr-295	672	18	.	.	PUNCT
asfbr-295	673	1	journal	journal	PROPN
asfbr-295	673	2	of	of	ADP
asfbr-295	673	3	economic	economic	ADJ
asfbr-295	673	4	and	and	CCONJ
asfbr-295	673	5	business	business	NOUN
asfbr-295	673	6	47	47	NUM
asfbr-295	673	7	:	:	PUNCT
asfbr-295	673	8	165	165	NUM
asfbr-295	673	9	-	-	SYM
asfbr-295	673	10	192	192	NUM
asfbr-295	673	11	,	,	PUNCT
asfbr-295	673	12	north	north	NOUN
asfbr-295	673	13	–	–	PUNCT
asfbr-295	673	14	holland	holland	PROPN
asfbr-295	673	15	.	.	PUNCT
asfbr-295	674	1	backus	backus	PROPN
asfbr-295	674	2	,	,	PUNCT
asfbr-295	674	3	d.	d.	PROPN
asfbr-295	674	4	,	,	PUNCT
asfbr-295	674	5	driffill	driffill	PROPN
asfbr-295	674	6	,	,	PUNCT
asfbr-295	674	7	j.	j.	PROPN
asfbr-295	674	8	(	(	PUNCT
asfbr-295	674	9	1985	1985	NUM
asfbr-295	674	10	)	)	PUNCT
asfbr-295	674	11	.	.	PUNCT
asfbr-295	675	1	inflation	inflation	NOUN
asfbr-295	675	2	and	and	CCONJ
asfbr-295	675	3	reputation	reputation	NOUN
asfbr-295	675	4	.	.	PUNCT
asfbr-295	676	1	american	american	PROPN
asfbr-295	676	2	economic	economic	PROPN
asfbr-295	676	3	review	review	PROPN
asfbr-295	676	4	73	73	NUM
asfbr-295	676	5	(	(	PUNCT
asfbr-295	676	6	3	3	NUM
asfbr-295	676	7	):	):	PUNCT
asfbr-295	676	8	530	530	NUM
asfbr-295	676	9	–	–	PUNCT
asfbr-295	676	10	538	538	NUM
asfbr-295	676	11	ball	ball	NOUN
asfbr-295	676	12	,	,	PUNCT
asfbr-295	676	13	l.	l.	PROPN
asfbr-295	676	14	(	(	PUNCT
asfbr-295	676	15	1992	1992	NUM
asfbr-295	676	16	)	)	PUNCT
asfbr-295	676	17	why	why	SCONJ
asfbr-295	676	18	does	do	AUX
asfbr-295	676	19	high	high	ADJ
asfbr-295	676	20	inflation	inflation	NOUN
asfbr-295	676	21	raise	raise	VERB
asfbr-295	676	22	inflation	inflation	NOUN
asfbr-295	676	23	uncertainty	uncertainty	NOUN
asfbr-295	676	24	?	?	PUNCT
asfbr-295	677	1	journal	journal	NOUN
asfbr-295	677	2	of	of	ADP
asfbr-295	677	3	monetary	monetary	ADJ
asfbr-295	677	4	economics	economic	NOUN
asfbr-295	677	5	29:371	29:371	NUM
asfbr-295	677	6	–	–	PUNCT
asfbr-295	677	7	388	388	NUM
asfbr-295	677	8	.	.	PUNCT
asfbr-295	677	9	belongia	belongia	PROPN
asfbr-295	677	10	m.	m.	NOUN
asfbr-295	677	11	t.	t.	PROPN
asfbr-295	677	12	(	(	PUNCT
asfbr-295	677	13	1988	1988	NUM
asfbr-295	677	14	)	)	PUNCT
asfbr-295	677	15	are	be	AUX
asfbr-295	677	16	economic	economic	ADJ
asfbr-295	677	17	forecasts	forecast	NOUN
asfbr-295	677	18	by	by	ADP
asfbr-295	677	19	government	government	NOUN
asfbr-295	677	20	agencies	agency	NOUN
asfbr-295	677	21	biased	bias	VERB
asfbr-295	677	22	?	?	PUNCT
asfbr-295	677	23	or	or	CCONJ
asfbr-295	677	24	accurate	accurate	ADJ
asfbr-295	677	25	?	?	PUNCT
asfbr-295	677	26	,	,	PUNCT
asfbr-295	677	27	federal	federal	PROPN
asfbr-295	677	28	reserve	reserve	PROPN
asfbr-295	677	29	bank	bank	PROPN
asfbr-295	677	30	of	of	ADP
asfbr-295	677	31	st	st	PROPN
asfbr-295	677	32	.	.	PROPN
asfbr-295	677	33	louis	louis	PROPN
asfbr-295	677	34	,	,	PUNCT
asfbr-295	677	35	review	review	NOUN
asfbr-295	677	36	,	,	PUNCT
asfbr-295	677	37	november	november	PROPN
asfbr-295	677	38	/	/	SYM
asfbr-295	677	39	december	december	PROPN
asfbr-295	677	40	,	,	PUNCT
asfbr-295	677	41	pp-15	pp-15	NOUN
asfbr-295	677	42	-	-	PUNCT
asfbr-295	677	43	23	23	NUM
asfbr-295	677	44	.	.	PUNCT
asfbr-295	678	1	bidabad	bidabad	PROPN
asfbr-295	678	2	,	,	PUNCT
asfbr-295	678	3	bijan	bijan	PROPN
asfbr-295	679	1	[	[	X
asfbr-295	679	2	2014	2014	NUM
asfbr-295	679	3	]	]	X
asfbr-295	679	4	general	general	ADJ
asfbr-295	679	5	monetary	monetary	ADJ
asfbr-295	679	6	equilibrium	equilibrium	NOUN
asfbr-295	679	7	.	.	PUNCT
asfbr-295	680	1	lap	lap	NOUN
asfbr-295	680	2	lambert	lambert	PROPN
asfbr-295	680	3	academic	academic	PROPN
asfbr-295	680	4	publishing	publishing	NOUN
asfbr-295	680	5	,	,	PUNCT
asfbr-295	680	6	omniscriptum	omniscriptum	PROPN
asfbr-295	680	7	gmbh	gmbh	PROPN
asfbr-295	680	8	&	&	CCONJ
asfbr-295	680	9	co.	co.	PROPN
asfbr-295	680	10	kg	kg	PROPN
asfbr-295	680	11	,	,	PUNCT
asfbr-295	680	12	isbn	isbn	ADJ
asfbr-295	680	13	:	:	PUNCT
asfbr-295	680	14	978	978	NUM
asfbr-295	680	15	-	-	SYM
asfbr-295	680	16	3	3	NUM
asfbr-295	680	17	-	-	PUNCT
asfbr-295	680	18	659	659	NUM
asfbr-295	680	19	-	-	PUNCT
asfbr-295	680	20	54045	54045	NUM
asfbr-295	680	21	-	-	SYM
asfbr-295	680	22	5	5	NUM
asfbr-295	680	23	,	,	PUNCT
asfbr-295	680	24	spring	spring	NOUN
asfbr-295	680	25	2014	2014	NUM
asfbr-295	680	26	.	.	PUNCT
asfbr-295	681	1	bidabad	bidabad	PROPN
asfbr-295	681	2	b.	b.	PROPN
asfbr-295	681	3	,	,	PUNCT
asfbr-295	681	4	and	and	CCONJ
asfbr-295	681	5	n.	n.	PROPN
asfbr-295	681	6	kalbasi	kalbasi	PROPN
asfbr-295	681	7	anaraki	anaraki	PROPN
asfbr-295	681	8	,	,	PUNCT
asfbr-295	681	9	inflation	inflation	NOUN
asfbr-295	681	10	targeting	target	VERB
asfbr-295	681	11	:	:	PUNCT
asfbr-295	681	12	case	case	NOUN
asfbr-295	681	13	study	study	NOUN
asfbr-295	681	14	of	of	ADP
asfbr-295	681	15	iran	iran	PROPN
asfbr-295	681	16	,	,	PUNCT
asfbr-295	681	17	paper	paper	NOUN
asfbr-295	681	18	prepared	prepare	VERB
asfbr-295	681	19	for	for	ADP
asfbr-295	681	20	the	the	DET
asfbr-295	681	21	second	second	ADJ
asfbr-295	681	22	hallescher	hallescher	NOUN
asfbr-295	681	23	workshop	workshop	NOUN
asfbr-295	681	24	.	.	PUNCT
asfbr-295	682	1	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	682	2	bidabad	bidabad	PROPN
asfbr-295	682	3	,	,	PUNCT
asfbr-295	682	4	bijan	bijan	PROPN
asfbr-295	682	5	,	,	PUNCT
asfbr-295	682	6	(	(	PUNCT
asfbr-295	682	7	2007	2007	NUM
asfbr-295	682	8	)	)	PUNCT
asfbr-295	682	9	triangular	triangular	NOUN
asfbr-295	682	10	causality	causality	NOUN
asfbr-295	682	11	and	and	CCONJ
asfbr-295	682	12	controlling	control	VERB
asfbr-295	682	13	parallel	parallel	ADJ
asfbr-295	682	14	exchange	exchange	NOUN
asfbr-295	682	15	market	market	NOUN
asfbr-295	682	16	.	.	PUNCT
asfbr-295	683	1	monetary	monetary	ADJ
asfbr-295	683	2	and	and	CCONJ
asfbr-295	683	3	banking	banking	NOUN
asfbr-295	683	4	research	research	PROPN
asfbr-295	683	5	academy	academy	PROPN
asfbr-295	683	6	,	,	PUNCT
asfbr-295	683	7	central	central	ADJ
asfbr-295	683	8	bank	bank	NOUN
asfbr-295	683	9	of	of	ADP
asfbr-295	683	10	iran	iran	PROPN
asfbr-295	683	11	,	,	PUNCT
asfbr-295	683	12	tehran	tehran	PROPN
asfbr-295	683	13	,	,	PUNCT
asfbr-295	683	14	iran	iran	PROPN
asfbr-295	683	15	.	.	PUNCT
asfbr-295	684	1	http://www.bidabad.com/	http://www.bidabad.com/	PROPN
asfbr-295	684	2	broadus	broadus	PROPN
asfbr-295	684	3	,	,	PUNCT
asfbr-295	684	4	j.	j.	PROPN
asfbr-295	684	5	a.	a.	PROPN
asfbr-295	684	6	,	,	PUNCT
asfbr-295	684	7	jr	jr	PROPN
asfbr-295	684	8	,	,	PUNCT
asfbr-295	684	9	m.	m.	NOUN
asfbr-295	684	10	giideriend	giideriend	NOUN
asfbr-295	684	11	(	(	PUNCT
asfbr-295	684	12	1996	1996	NUM
asfbr-295	684	13	)	)	PUNCT
asfbr-295	684	14	foreign	foreign	ADJ
asfbr-295	684	15	exchange	exchange	NOUN
asfbr-295	684	16	operations	operation	NOUN
asfbr-295	684	17	and	and	CCONJ
asfbr-295	684	18	the	the	DET
asfbr-295	684	19	federal	federal	PROPN
asfbr-295	684	20	reserve	reserve	PROPN
asfbr-295	684	21	,	,	PUNCT
asfbr-295	684	22	annual	annual	ADJ
asfbr-295	684	23	report	report	NOUN
asfbr-295	684	24	1995	1995	NUM
asfbr-295	684	25	.	.	PUNCT
asfbr-295	685	1	canzoneri	canzoneri	PROPN
asfbr-295	685	2	m.	m.	NOUN
asfbr-295	685	3	(	(	PUNCT
asfbr-295	685	4	1985	1985	NUM
asfbr-295	685	5	)	)	PUNCT
asfbr-295	685	6	monetary	monetary	ADJ
asfbr-295	685	7	policy	policy	NOUN
asfbr-295	685	8	games	game	NOUN
asfbr-295	685	9	and	and	CCONJ
asfbr-295	685	10	the	the	DET
asfbr-295	685	11	role	role	NOUN
asfbr-295	685	12	of	of	ADP
asfbr-295	685	13	private	private	ADJ
asfbr-295	685	14	information	information	NOUN
asfbr-295	685	15	.	.	PUNCT
asfbr-295	686	1	american	american	PROPN
asfbr-295	686	2	economic	economic	PROPN
asfbr-295	686	3	review	review	NOUN
asfbr-295	686	4	75	75	NUM
asfbr-295	686	5	(	(	PUNCT
asfbr-295	686	6	5	5	NUM
asfbr-295	686	7	):	):	PUNCT
asfbr-295	686	8	1056	1056	NUM
asfbr-295	686	9	-	-	SYM
asfbr-295	686	10	1070	1070	NUM
asfbr-295	686	11	.	.	PUNCT
asfbr-295	687	1	caprio	caprio	PROPN
asfbr-295	687	2	,	,	PUNCT
asfbr-295	687	3	p.	p.	PROPN
asfbr-295	687	4	honohan	honohan	PROPN
asfbr-295	687	5	(	(	PUNCT
asfbr-295	687	6	1991	1991	NUM
asfbr-295	687	7	)	)	PUNCT
asfbr-295	687	8	,	,	PUNCT
asfbr-295	687	9	monetary	monetary	ADJ
asfbr-295	687	10	policy	policy	NOUN
asfbr-295	687	11	instruments	instrument	NOUN
asfbr-295	687	12	for	for	ADP
asfbr-295	687	13	developing	develop	VERB
asfbr-295	687	14	countries	country	NOUN
asfbr-295	687	15	,	,	PUNCT
asfbr-295	687	16	world	world	PROPN
asfbr-295	687	17	bank	bank	PROPN
asfbr-295	687	18	,	,	PUNCT
asfbr-295	687	19	washington	washington	PROPN
asfbr-295	687	20	,	,	PUNCT
asfbr-295	687	21	d.c	d.c	PROPN
asfbr-295	687	22	.	.	PROPN
asfbr-295	687	23	mcnees	mcnees	PROPN
asfbr-295	687	24	s.k	s.k	PROPN
asfbr-295	687	25	(	(	PUNCT
asfbr-295	687	26	1995	1995	NUM
asfbr-295	687	27	)	)	PUNCT
asfbr-295	687	28	an	an	DET
asfbr-295	687	29	assessment	assessment	NOUN
asfbr-295	687	30	of	of	ADP
asfbr-295	687	31	the	the	DET
asfbr-295	687	32	“	"	PUNCT
asfbr-295	687	33	official	official	ADJ
asfbr-295	687	34	”	"	PUNCT
asfbr-295	687	35	economic	economic	ADJ
asfbr-295	687	36	forecasts	forecast	NOUN
asfbr-295	687	37	,	,	PUNCT
asfbr-295	687	38	new	new	PROPN
asfbr-295	687	39	england	england	PROPN
asfbr-295	687	40	economic	economic	PROPN
asfbr-295	687	41	review	review	PROPN
asfbr-295	687	42	,	,	PUNCT
asfbr-295	687	43	federal	federal	PROPN
asfbr-295	687	44	reserve	reserve	PROPN
asfbr-295	687	45	bank	bank	PROPN
asfbr-295	687	46	of	of	ADP
asfbr-295	687	47	boston	boston	PROPN
asfbr-295	687	48	.	.	PUNCT
asfbr-295	688	1	rmacdonald	rmacdonald	PROPN
asfbr-295	688	2	(	(	PUNCT
asfbr-295	688	3	1988	1988	NUM
asfbr-295	688	4	)	)	PUNCT
asfbr-295	688	5	,	,	PUNCT
asfbr-295	688	6	floating	float	VERB
asfbr-295	688	7	exchange	exchange	NOUN
asfbr-295	688	8	rates	rate	NOUN
asfbr-295	688	9	,	,	PUNCT
asfbr-295	688	10	theories	theory	NOUN
asfbr-295	688	11	and	and	CCONJ
asfbr-295	688	12	evidence	evidence	NOUN
asfbr-295	688	13	,	,	PUNCT
asfbr-295	688	14	unwin	unwin	PROPN
asfbr-295	688	15	hyman	hyman	PROPN
asfbr-295	688	16	ltd	ltd	PROPN
asfbr-295	688	17	.	.	PROPN
asfbr-295	688	18	rodrik	rodrik	PROPN
asfbr-295	688	19	,	,	PUNCT
asfbr-295	688	20	d.	d.	PROPN
asfbr-295	688	21	(	(	PUNCT
asfbr-295	688	22	1989	1989	NUM
asfbr-295	688	23	)	)	PUNCT
asfbr-295	688	24	promises	promise	NOUN
asfbr-295	688	25	:	:	PUNCT
asfbr-295	688	26	credible	credible	ADJ
asfbr-295	688	27	policy	policy	NOUN
asfbr-295	688	28	reform	reform	NOUN
asfbr-295	688	29	via	via	ADP
asfbr-295	688	30	signaling	signal	VERB
asfbr-295	688	31	.	.	PUNCT
asfbr-295	689	1	economic	economic	ADJ
asfbr-295	689	2	journal	journal	NOUN
asfbr-295	689	3	99	99	NUM
asfbr-295	689	4	:	:	PUNCT
asfbr-295	689	5	756	756	NUM
asfbr-295	689	6	-	-	SYM
asfbr-295	689	7	772	772	NUM
asfbr-295	689	8	.	.	PUNCT
asfbr-295	690	1	taylor	taylor	PROPN
asfbr-295	690	2	,	,	PUNCT
asfbr-295	690	3	j.	j.	PROPN
asfbr-295	690	4	(	(	PUNCT
asfbr-295	690	5	1982	1982	NUM
asfbr-295	690	6	)	)	PUNCT
asfbr-295	690	7	establishing	establish	VERB
asfbr-295	690	8	credibility	credibility	NOUN
asfbr-295	690	9	:	:	PUNCT
asfbr-295	690	10	a	a	DET
asfbr-295	690	11	rational	rational	ADJ
asfbr-295	690	12	expectation	expectation	NOUN
asfbr-295	690	13	viewpoint	viewpoint	NOUN
asfbr-295	690	14	.	.	PUNCT
asfbr-295	691	1	american	american	PROPN
asfbr-295	691	2	economic	economic	PROPN
asfbr-295	691	3	review	review	PROPN
asfbr-295	691	4	72	72	NUM
asfbr-295	691	5	(	(	PUNCT
asfbr-295	691	6	2	2	NUM
asfbr-295	691	7	):	):	PUNCT
asfbr-295	691	8	81	81	NUM
asfbr-295	691	9	-	-	SYM
asfbr-295	691	10	85	85	NUM
asfbr-295	691	11	.	.	PUNCT
asfbr-295	692	1	bernanke	bernanke	PROPN
asfbr-295	692	2	,	,	PUNCT
asfbr-295	692	3	b.s	b.s	PROPN
asfbr-295	692	4	.	.	PROPN
asfbr-295	692	5	,	,	PUNCT
asfbr-295	692	6	laubach	laubach	PROPN
asfbr-295	692	7	,	,	PUNCT
asfbr-295	692	8	t.	t.	PROPN
asfbr-295	692	9	,	,	PUNCT
asfbr-295	692	10	mishkin	mishkin	PROPN
asfbr-295	692	11	,	,	PUNCT
asfbr-295	692	12	f.s	f.s	PROPN
asfbr-295	692	13	.	.	PROPN
asfbr-295	692	14	and	and	CCONJ
asfbr-295	692	15	posen	posen	PROPN
asfbr-295	692	16	a.s	a.s	PROPN
asfbr-295	692	17	.	.	PROPN
asfbr-295	692	18	(	(	PUNCT
asfbr-295	692	19	1999	1999	NUM
asfbr-295	692	20	)	)	PUNCT
asfbr-295	692	21	,	,	PUNCT
asfbr-295	692	22	“	"	PUNCT
asfbr-295	692	23	inflation	inflation	NOUN
asfbr-295	692	24	targeting	target	VERB
asfbr-295	692	25	”	"	PUNCT
asfbr-295	692	26	princeton	princeton	PROPN
asfbr-295	692	27	:	:	PUNCT
asfbr-295	692	28	princeton	princeton	PROPN
asfbr-295	692	29	university	university	PROPN
asfbr-295	692	30	press	press	NOUN
asfbr-295	692	31	.	.	PUNCT
asfbr-295	693	1	kumhof	kumhof	NOUN
asfbr-295	693	2	,	,	PUNCT
asfbr-295	693	3	m.	m.	NOUN
asfbr-295	693	4	(	(	PUNCT
asfbr-295	693	5	2000	2000	NUM
asfbr-295	693	6	)	)	PUNCT
asfbr-295	693	7	,	,	PUNCT
asfbr-295	693	8	“	"	PUNCT
asfbr-295	693	9	inflation	inflation	NOUN
asfbr-295	693	10	targeting	target	VERB
asfbr-295	693	11	under	under	ADP
asfbr-295	693	12	imperfect	imperfect	ADJ
asfbr-295	693	13	credibility	credibility	NOUN
asfbr-295	693	14	”	"	PUNCT
asfbr-295	693	15	stanford	stanford	PROPN
asfbr-295	693	16	university	university	PROPN
asfbr-295	693	17	.	.	PUNCT
asfbr-295	694	1	kumhof	kumhof	PROPN
asfbr-295	694	2	,	,	PUNCT
asfbr-295	694	3	m.	m.	PROPN
asfbr-295	694	4	li	li	PROPN
asfbr-295	694	5	,	,	PUNCT
asfbr-295	694	6	s.	s.	PROPN
asfbr-295	694	7	and	and	CCONJ
asfbr-295	694	8	yan	yan	PROPN
asfbr-295	694	9	,	,	PUNCT
asfbr-295	694	10	i.	i.	PROPN
asfbr-295	694	11	(	(	PUNCT
asfbr-295	694	12	2001	2001	NUM
asfbr-295	694	13	)	)	PUNCT
asfbr-295	694	14	,	,	PUNCT
asfbr-295	694	15	“	"	PUNCT
asfbr-295	694	16	balance	balance	NOUN
asfbr-295	694	17	of	of	ADP
asfbr-295	694	18	payments	payment	NOUN
asfbr-295	694	19	crises	crisis	NOUN
asfbr-295	694	20	under	under	ADP
asfbr-295	694	21	inflation	inflation	NOUN
asfbr-295	694	22	targeting	target	VERB
asfbr-295	694	23	”	"	PUNCT
asfbr-295	694	24	mimeo	mimeo	NOUN
asfbr-295	694	25	,	,	PUNCT
asfbr-295	694	26	stanford	stanford	PROPN
asfbr-295	694	27	university	university	PROPN
asfbr-295	694	28	.	.	PUNCT
asfbr-295	695	1	masson	masson	PROPN
asfbr-295	695	2	,	,	PUNCT
asfbr-295	695	3	p.r	p.r	PROPN
asfbr-295	695	4	.	.	PROPN
asfbr-295	695	5	,	,	PUNCT
asfbr-295	695	6	savastano	savastano	NOUN
asfbr-295	695	7	,	,	PUNCT
asfbr-295	695	8	m.a	m.a	PROPN
asfbr-295	695	9	.	.	PROPN
asfbr-295	695	10	and	and	CCONJ
asfbr-295	695	11	sharma	sharma	PROPN
asfbr-295	695	12	,	,	PUNCT
asfbr-295	695	13	s.	s.	PROPN
asfbr-295	695	14	(	(	PUNCT
asfbr-295	695	15	1997	1997	NUM
asfbr-295	695	16	)	)	PUNCT
asfbr-295	695	17	,	,	PUNCT
asfbr-295	695	18	“	"	PUNCT
asfbr-295	695	19	the	the	DET
asfbr-295	695	20	scope	scope	NOUN
asfbr-295	695	21	for	for	ADP
asfbr-295	695	22	inflation	inflation	NOUN
asfbr-295	695	23	targeting	target	VERB
asfbr-295	695	24	in	in	ADP
asfbr-295	695	25	developing	develop	VERB
asfbr-295	695	26	countries	country	NOUN
asfbr-295	695	27	”	"	PUNCT
asfbr-295	695	28	,	,	PUNCT
asfbr-295	695	29	imf	imf	PROPN
asfbr-295	695	30	working	working	PROPN
asfbr-295	695	31	paper	paper	PROPN
asfbr-295	695	32	wp/97/130	wp/97/130	PROPN
asfbr-295	695	33	.	.	PROPN
asfbr-295	695	34	mishkin	mishkin	PROPN
asfbr-295	695	35	,	,	PUNCT
asfbr-295	695	36	f.s	f.s	PROPN
asfbr-295	695	37	.	.	PROPN
asfbr-295	695	38	(	(	PUNCT
asfbr-295	695	39	2000	2000	NUM
asfbr-295	695	40	)	)	PUNCT
asfbr-295	695	41	,	,	PUNCT
asfbr-295	695	42	“	"	PUNCT
asfbr-295	695	43	inflation	inflation	NOUN
asfbr-295	695	44	targeting	target	VERB
asfbr-295	695	45	in	in	ADP
asfbr-295	695	46	emerging	emerge	VERB
asfbr-295	695	47	countries	country	NOUN
asfbr-295	695	48	”	"	PUNCT
asfbr-295	695	49	,	,	PUNCT
asfbr-295	695	50	american	american	PROPN
asfbr-295	695	51	economic	economic	PROPN
asfbr-295	695	52	review	review	PROPN
asfbr-295	695	53	,	,	PUNCT
asfbr-295	695	54	vol	vol	NOUN
asfbr-295	695	55	.	.	PROPN
asfbr-295	695	56	90	90	NUM
asfbr-295	695	57	,	,	PUNCT
asfbr-295	695	58	no.2	no.2	PROPN
asfbr-295	695	59	may	may	PROPN
asfbr-295	695	60	2000	2000	NUM
asfbr-295	695	61	,	,	PUNCT
asfbr-295	695	62	pp	pp	ADP
asfbr-295	695	63	105	105	NUM
asfbr-295	695	64	109	109	NUM
asfbr-295	695	65	mishkin	mishkin	NOUN
asfbr-295	695	66	,	,	PUNCT
asfbr-295	695	67	f.s	f.s	PROPN
asfbr-295	695	68	.	.	PROPN
asfbr-295	695	69	and	and	CCONJ
asfbr-295	695	70	schmidt	schmidt	NOUN
asfbr-295	695	71	-	-	PUNCT
asfbr-295	695	72	hebbel	hebbel	PROPN
asfbr-295	695	73	,	,	PUNCT
asfbr-295	695	74	k.	k.	PROPN
asfbr-295	695	75	(	(	PUNCT
asfbr-295	695	76	2001	2001	NUM
asfbr-295	695	77	)	)	PUNCT
asfbr-295	695	78	“	"	PUNCT
asfbr-295	695	79	one	one	NUM
asfbr-295	695	80	decade	decade	NOUN
asfbr-295	695	81	of	of	ADP
asfbr-295	695	82	inflation	inflation	NOUN
asfbr-295	695	83	targeting	target	VERB
asfbr-295	695	84	in	in	ADP
asfbr-295	695	85	the	the	DET
asfbr-295	695	86	world	world	NOUN
asfbr-295	695	87	:	:	PUNCT
asfbr-295	695	88	what	what	PRON
asfbr-295	695	89	do	do	AUX
asfbr-295	695	90	we	we	PRON
asfbr-295	695	91	know	know	VERB
asfbr-295	695	92	and	and	CCONJ
asfbr-295	695	93	what	what	PRON
asfbr-295	695	94	do	do	AUX
asfbr-295	695	95	we	we	PRON
asfbr-295	695	96	need	need	VERB
asfbr-295	695	97	to	to	PART
asfbr-295	695	98	know	know	VERB
asfbr-295	695	99	?	?	PUNCT
asfbr-295	695	100	”	"	PUNCT
asfbr-295	695	101	,	,	PUNCT
asfbr-295	695	102	nber	nber	PROPN
asfbr-295	695	103	8397	8397	NUM
asfbr-295	695	104	.	.	PUNCT
asfbr-295	696	1	ryan	ryan	PROPN
asfbr-295	696	2	,	,	PUNCT
asfbr-295	696	3	c.	c.	PROPN
asfbr-295	696	4	and	and	CCONJ
asfbr-295	696	5	thompson	thompson	PROPN
asfbr-295	696	6	,	,	PUNCT
asfbr-295	696	7	c.	c.	NOUN
asfbr-295	696	8	(	(	PUNCT
asfbr-295	696	9	2000	2000	NUM
asfbr-295	696	10	)	)	PUNCT
asfbr-295	696	11	,	,	PUNCT
asfbr-295	696	12	“	"	PUNCT
asfbr-295	696	13	inflation	inflation	NOUN
asfbr-295	696	14	targeting	targeting	NOUN
asfbr-295	696	15	and	and	CCONJ
asfbr-295	696	16	exchange	exchange	NOUN
asfbr-295	696	17	rate	rate	NOUN
asfbr-295	696	18	fluctuations	fluctuation	NOUN
asfbr-295	696	19	in	in	ADP
asfbr-295	696	20	australia	australia	PROPN
asfbr-295	696	21	”	"	PUNCT
asfbr-295	696	22	reserve	reserve	PROPN
asfbr-295	696	23	bank	bank	PROPN
asfbr-295	696	24	of	of	ADP
asfbr-295	696	25	australia	australia	PROPN
asfbr-295	696	26	,	,	PUNCT
asfbr-295	696	27	research	research	NOUN
asfbr-295	696	28	discussion	discussion	NOUN
asfbr-295	696	29	paper	paper	NOUN
asfbr-295	696	30	2000	2000	NUM
asfbr-295	696	31	-	-	SYM
asfbr-295	696	32	06	06	NUM
asfbr-295	696	33	.	.	PUNCT
asfbr-295	697	1	svensson	svensson	PROPN
asfbr-295	697	2	,	,	PUNCT
asfbr-295	697	3	l.e.o	l.e.o	PROPN
asfbr-295	697	4	.	.	PUNCT
asfbr-295	698	1	(	(	PUNCT
asfbr-295	698	2	1997	1997	NUM
asfbr-295	698	3	)	)	PUNCT
asfbr-295	698	4	“	"	PUNCT
asfbr-295	698	5	inflation	inflation	NOUN
asfbr-295	698	6	forecast	forecast	NOUN
asfbr-295	698	7	targeting	target	VERB
asfbr-295	698	8	:	:	PUNCT
asfbr-295	698	9	implementing	implement	VERB
asfbr-295	698	10	and	and	CCONJ
asfbr-295	698	11	monitoring	monitor	VERB
asfbr-295	698	12	inflation	inflation	NOUN
asfbr-295	698	13	targets	target	NOUN
asfbr-295	698	14	”	"	PUNCT
asfbr-295	698	15	european	european	PROPN
asfbr-295	698	16	economic	economic	PROPN
asfbr-295	698	17	review	review	PROPN
asfbr-295	698	18	,	,	PUNCT
asfbr-295	698	19	41	41	NUM
asfbr-295	698	20	p.	p.	NOUN
asfbr-295	698	21	1111	1111	NUM
asfbr-295	698	22	1146	1146	NUM
asfbr-295	698	23	.	.	PUNCT
asfbr-295	699	1	svensson	svensson	PROPN
asfbr-295	699	2	,	,	PUNCT
asfbr-295	699	3	l.e.o	l.e.o	PROPN
asfbr-295	699	4	.	.	PUNCT
asfbr-295	700	1	(	(	PUNCT
asfbr-295	700	2	2000	2000	NUM
asfbr-295	700	3	)	)	PUNCT
asfbr-295	700	4	“	"	PUNCT
asfbr-295	700	5	open	open	ADJ
asfbr-295	700	6	-	-	PUNCT
asfbr-295	700	7	economy	economy	NOUN
asfbr-295	700	8	inflation	inflation	NOUN
asfbr-295	700	9	targeting	target	VERB
asfbr-295	700	10	”	"	PUNCT
asfbr-295	700	11	journal	journal	NOUN
asfbr-295	700	12	of	of	ADP
asfbr-295	700	13	international	international	ADJ
asfbr-295	700	14	economics	economic	NOUN
asfbr-295	700	15	50(1	50(1	PROPN
asfbr-295	700	16	)	)	PUNCT
asfbr-295	701	1	p.	p.	NOUN
asfbr-295	701	2	155	155	NUM
asfbr-295	701	3	183	183	NUM
asfbr-295	701	4	.	.	PUNCT
asfbr-295	702	1	jonas	jonas	PROPN
asfbr-295	702	2	,	,	PUNCT
asfbr-295	702	3	j.	j.	PROPN
asfbr-295	702	4	;	;	PUNCT
asfbr-295	702	5	f.s.mishkin	f.s.mishkin	PROPN
asfbr-295	702	6	(	(	PUNCT
asfbr-295	702	7	2003)"inflation	2003)"inflation	NOUN
asfbr-295	702	8	targeting	target	VERB
asfbr-295	702	9	in	in	ADP
asfbr-295	702	10	transition	transition	NOUN
asfbr-295	702	11	countries	country	NOUN
asfbr-295	702	12	:	:	PUNCT
asfbr-295	702	13	experience	experience	NOUN
asfbr-295	702	14	and	and	CCONJ
asfbr-295	702	15	prospects	prospect	NOUN
asfbr-295	702	16	.	.	PUNCT
asfbr-295	703	1	national	national	ADJ
asfbr-295	703	2	bureau	bureau	PROPN
asfbr-295	703	3	of	of	ADP
asfbr-295	703	4	economic	economic	ADJ
asfbr-295	703	5	research	research	NOUN
asfbr-295	703	6	,	,	PUNCT
asfbr-295	703	7	working	work	VERB
asfbr-295	703	8	paper	paper	NOUN
asfbr-295	703	9	9667	9667	NUM
asfbr-295	703	10	.	.	PUNCT
asfbr-295	704	1	april	april	PROPN
asfbr-295	704	2	.	.	PUNCT
asfbr-295	705	1	http://www.nber.org/papers/w9667/.	http://www.nber.org/papers/w9667/.	PROPN
asfbr-295	705	2	gecchetti	gecchetti	PROPN
asfbr-295	705	3	s.g	s.g	PROPN
asfbr-295	705	4	.	.	PROPN
asfbr-295	705	5	,	,	PUNCT
asfbr-295	705	6	j.	j.	PROPN
asfbr-295	705	7	kim	kim	PROPN
asfbr-295	705	8	(	(	PUNCT
asfbr-295	705	9	2003	2003	NUM
asfbr-295	705	10	)	)	PUNCT
asfbr-295	705	11	,	,	PUNCT
asfbr-295	705	12	inflation	inflation	NOUN
asfbr-295	705	13	targeting	targeting	NOUN
asfbr-295	705	14	,	,	PUNCT
asfbr-295	705	15	price	price	NOUN
asfbr-295	705	16	-	-	PUNCT
asfbr-295	705	17	path	path	NOUN
asfbr-295	705	18	targeting	targeting	NOUN
asfbr-295	705	19	,	,	PUNCT
asfbr-295	705	20	and	and	CCONJ
asfbr-295	705	21	output	output	NOUN
asfbr-295	705	22	variability	variability	NOUN
asfbr-295	705	23	.	.	PUNCT
asfbr-295	706	1	national	national	ADJ
asfbr-295	706	2	bureau	bureau	PROPN
asfbr-295	706	3	of	of	ADP
asfbr-295	706	4	economic	economic	ADJ
asfbr-295	706	5	research	research	NOUN
asfbr-295	706	6	,	,	PUNCT
asfbr-295	706	7	working	work	VERB
asfbr-295	706	8	paper	paper	NOUN
asfbr-295	706	9	9672	9672	NUM
asfbr-295	706	10	.	.	PUNCT
asfbr-295	707	1	may	may	AUX
asfbr-295	707	2	.	.	PUNCT
asfbr-295	708	1	http://www.nber.org/papers/w9672/.	http://www.nber.org/papers/w9672/.	PROPN
asfbr-295	708	2	mishkin	mishkin	PROPN
asfbr-295	708	3	,	,	PUNCT
asfbr-295	708	4	f.s	f.s	PROPN
asfbr-295	708	5	.	.	PROPN
asfbr-295	708	6	(	(	PUNCT
asfbr-295	708	7	2000	2000	NUM
asfbr-295	708	8	)	)	PUNCT
asfbr-295	708	9	,	,	PUNCT
asfbr-295	708	10	inflation	inflation	NOUN
asfbr-295	708	11	targeting	target	VERB
asfbr-295	708	12	in	in	ADP
asfbr-295	708	13	emerging	emerge	VERB
asfbr-295	708	14	markets	market	NOUN
asfbr-295	708	15	countries	country	NOUN
asfbr-295	708	16	.	.	PUNCT
asfbr-295	709	1	national	national	PROPN
asfbr-295	709	2	bureau	bureau	PROPN
asfbr-295	709	3	of	of	ADP
asfbr-295	709	4	economic	economic	ADJ
asfbr-295	709	5	research	research	NOUN
asfbr-295	709	6	,	,	PUNCT
asfbr-295	709	7	working	work	VERB
asfbr-295	709	8	paper	paper	NOUN
asfbr-295	709	9	7618	7618	NUM
asfbr-295	709	10	.	.	PUNCT
asfbr-295	710	1	http://www.nber.org/papers/w7618/	http://www.nber.org/papers/w7618/	PROPN
asfbr-295	710	2	b.	b.	PROPN
asfbr-295	710	3	laurence	laurence	PROPN
asfbr-295	710	4	,	,	PUNCT
asfbr-295	710	5	n.	n.	PROPN
asfbr-295	710	6	sheridan	sheridan	PROPN
asfbr-295	710	7	"	"	PUNCT
asfbr-295	710	8	does	do	AUX
asfbr-295	710	9	inflation	inflation	NOUN
asfbr-295	710	10	targeting	target	VERB
asfbr-295	710	11	matter	matter	NOUN
asfbr-295	710	12	?	?	PUNCT
asfbr-295	710	13	"	"	PUNCT
asfbr-295	711	1	nber	nber	PROPN
asfbr-295	711	2	,	,	PUNCT
asfbr-295	711	3	working	work	VERB
asfbr-295	711	4	paper	paper	NOUN
asfbr-295	711	5	9577	9577	NUM
asfbr-295	711	6	,	,	PUNCT
asfbr-295	711	7	march	march	PROPN
asfbr-295	711	8	2003	2003	NUM
asfbr-295	711	9	.	.	PUNCT
asfbr-295	712	1	bernanke	bernanke	PROPN
asfbr-295	712	2	,	,	PUNCT
asfbr-295	712	3	b.s	b.s	PROPN
asfbr-295	712	4	.	.	PROPN
asfbr-295	712	5	and	and	CCONJ
asfbr-295	712	6	f.s	f.s	PROPN
asfbr-295	712	7	.	.	PROPN
asfbr-295	712	8	mishkin	mishkin	PROPN
asfbr-295	712	9	,	,	PUNCT
asfbr-295	712	10	"	"	PUNCT
asfbr-295	712	11	inflation	inflation	NOUN
asfbr-295	712	12	targeting	target	VERB
asfbr-295	712	13	:	:	PUNCT
asfbr-295	712	14	a	a	DET
asfbr-295	712	15	new	new	ADJ
asfbr-295	712	16	framework	framework	NOUN
asfbr-295	712	17	for	for	ADP
asfbr-295	712	18	monetary	monetary	ADJ
asfbr-295	712	19	policy	policy	NOUN
asfbr-295	712	20	,	,	PUNCT
asfbr-295	712	21	journal	journal	NOUN
asfbr-295	712	22	of	of	ADP
asfbr-295	712	23	economic	economic	ADJ
asfbr-295	712	24	perspectives	perspective	NOUN
asfbr-295	712	25	,	,	PUNCT
asfbr-295	712	26	1997	1997	NUM
asfbr-295	712	27	.	.	PUNCT
asfbr-295	713	1	bernanke	bernanke	PROPN
asfbr-295	713	2	ben	ben	PROPN
asfbr-295	713	3	s.	s.	PROPN
asfbr-295	713	4	,	,	PUNCT
asfbr-295	713	5	laubach	laubach	PROPN
asfbr-295	713	6	,	,	PUNCT
asfbr-295	713	7	thomas	thomas	PROPN
asfbr-295	713	8	,	,	PUNCT
asfbr-295	713	9	mishkin	mishkin	PROPN
asfbr-295	713	10	fredric	fredric	PROPN
asfbr-295	713	11	s.	s.	PROPN
asfbr-295	713	12	and	and	CCONJ
asfbr-295	713	13	posen	posen	PROPN
asfbr-295	713	14	adam	adam	PROPN
asfbr-295	713	15	s.	s.	PROPN
asfbr-295	713	16	"	"	PUNCT
asfbr-295	714	1	inflation	inflation	NOUN
asfbr-295	714	2	targeting	target	VERB
asfbr-295	714	3	:	:	PUNCT
asfbr-295	714	4	lessons	lesson	NOUN
asfbr-295	714	5	from	from	ADP
asfbr-295	714	6	the	the	DET
asfbr-295	714	7	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	714	8	http://www.bidabad.com/	http://www.bidabad.com/	NOUN
asfbr-295	715	1	http://www.nber.org/papers/w9667/	http://www.nber.org/papers/w9667/	INTJ
asfbr-295	715	2	http://www.nber.org/papers/w9672/	http://www.nber.org/papers/w9672/	PROPN
asfbr-295	716	1	http://www.nber.org/papers/w7618/	http://www.nber.org/papers/w7618/	PRON
asfbr-295	716	2	copyright	copyright	NOUN
asfbr-295	716	3	©	©	PROPN
asfbr-295	716	4	cc	cc	PROPN
asfbr-295	716	5	-	-	PUNCT
asfbr-295	716	6	by	by	ADP
asfbr-295	716	7	-	-	PUNCT
asfbr-295	716	8	nc	nc	PROPN
asfbr-295	716	9	2019	2019	NUM
asfbr-295	716	10	,	,	PUNCT
asfbr-295	716	11	cribfb	cribfb	PROPN
asfbr-295	716	12	|	|	ADV
asfbr-295	716	13	afbr	afbr	ADV
asfbr-295	716	14	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	716	15	asian	asian	ADJ
asfbr-295	716	16	finance	finance	PROPN
asfbr-295	716	17	&	&	CCONJ
asfbr-295	716	18	banking	banking	PROPN
asfbr-295	716	19	review	review	PROPN
asfbr-295	716	20	vol	vol	NOUN
asfbr-295	716	21	.	.	PROPN
asfbr-295	717	1	3	3	NUM
asfbr-295	717	2	,	,	PUNCT
asfbr-295	717	3	no	no	INTJ
asfbr-295	717	4	.	.	NOUN
asfbr-295	717	5	1	1	NUM
asfbr-295	717	6	;	;	PUNCT
asfbr-295	717	7	2019	2019	NUM
asfbr-295	717	8	72	72	NUM
asfbr-295	717	9	international	international	ADJ
asfbr-295	717	10	experience	experience	NOUN
asfbr-295	717	11	.	.	PUNCT
asfbr-295	718	1	princeton	princeton	PROPN
asfbr-295	718	2	,	,	PUNCT
asfbr-295	718	3	nj	nj	PROPN
asfbr-295	718	4	:	:	PUNCT
asfbr-295	718	5	princeton	princeton	PROPN
asfbr-295	718	6	university	university	PROPN
asfbr-295	718	7	press	press	NOUN
asfbr-295	718	8	.	.	PUNCT
asfbr-295	719	1	cechetti	cechetti	PROPN
asfbr-295	719	2	s	s	PROPN
asfbr-295	719	3	,	,	PUNCT
asfbr-295	719	4	and	and	CCONJ
asfbr-295	719	5	m.	m.	NOUN
asfbr-295	719	6	ehrmann	ehrmann	PROPN
asfbr-295	719	7	"	"	PUNCT
asfbr-295	719	8	does	do	AUX
asfbr-295	719	9	inflation	inflation	NOUN
asfbr-295	719	10	targeting	target	VERB
asfbr-295	719	11	increase	increase	NOUN
asfbr-295	719	12	output	output	NOUN
asfbr-295	719	13	volatility	volatility	NOUN
asfbr-295	719	14	?	?	PUNCT
asfbr-295	720	1	an	an	DET
asfbr-295	720	2	international	international	ADJ
asfbr-295	720	3	comparison	comparison	NOUN
asfbr-295	720	4	of	of	ADP
asfbr-295	720	5	policymakers	policymaker	NOUN
asfbr-295	720	6	preferences	preference	NOUN
asfbr-295	720	7	and	and	CCONJ
asfbr-295	720	8	outcomes	outcome	NOUN
asfbr-295	720	9	"	"	PUNCT
asfbr-295	720	10	,	,	PUNCT
asfbr-295	720	11	central	central	ADJ
asfbr-295	720	12	bank	bank	NOUN
asfbr-295	720	13	of	of	ADP
asfbr-295	720	14	chile	chile	PROPN
asfbr-295	720	15	,	,	PUNCT
asfbr-295	720	16	working	work	VERB
asfbr-295	720	17	paper	paper	NOUN
asfbr-295	720	18	69	69	NUM
asfbr-295	720	19	,	,	PUNCT
asfbr-295	720	20	april	april	PROPN
asfbr-295	720	21	2000	2000	NUM
asfbr-295	720	22	.	.	PUNCT
asfbr-295	721	1	http://www.bcentral.c1	http://www.bcentral.c1	PROPN
asfbr-295	721	2	/	/	SYM
asfbr-295	721	3	estudios	estudio	NOUN
asfbr-295	721	4	/	/	SYM
asfbr-295	721	5	dtbc/69	dtbc/69	NOUN
asfbr-295	721	6	/	/	SYM
asfbr-295	721	7	dtbc69.pdf	dtbc69.pdf	NOUN
asfbr-295	721	8	cecchetti	cecchetti	VERB
asfbr-295	721	9	stephen	stephen	PROPN
asfbr-295	721	10	g.	g.	PROPN
asfbr-295	721	11	and	and	CCONJ
asfbr-295	721	12	junhan	junhan	PROPN
asfbr-295	721	13	kim	kim	PROPN
asfbr-295	721	14	,	,	PUNCT
asfbr-295	721	15	"	"	PUNCT
asfbr-295	721	16	inflation	inflation	NOUN
asfbr-295	721	17	targeting	targeting	NOUN
asfbr-295	721	18	,	,	PUNCT
asfbr-295	721	19	price	price	NOUN
asfbr-295	721	20	-	-	PUNCT
asfbr-295	721	21	path	path	NOUN
asfbr-295	721	22	targeting	targeting	NOUN
asfbr-295	721	23	,	,	PUNCT
asfbr-295	721	24	and	and	CCONJ
asfbr-295	721	25	output	output	NOUN
asfbr-295	721	26	variability	variability	NOUN
asfbr-295	721	27	"	"	PUNCT
asfbr-295	721	28	,	,	PUNCT
asfbr-295	721	29	nber	nber	PROPN
asfbr-295	721	30	working	working	PROPN
asfbr-295	721	31	paper	paper	PROPN
asfbr-295	721	32	9672	9672	NUM
asfbr-295	721	33	,	,	PUNCT
asfbr-295	721	34	may	may	AUX
asfbr-295	721	35	2003	2003	NUM
asfbr-295	721	36	.	.	PUNCT
asfbr-295	722	1	christiano	christiano	PROPN
asfbr-295	722	2	,	,	PUNCT
asfbr-295	722	3	lawrence	lawrence	PROPN
asfbr-295	722	4	j.	j.	PROPN
asfbr-295	722	5	,	,	PUNCT
asfbr-295	722	6	martin	martin	PROPN
asfbr-295	722	7	eichenbaum	eichenbaum	PROPN
asfbr-295	722	8	;	;	PUNCT
asfbr-295	722	9	charles	charles	PROPN
asfbr-295	722	10	l.	l.	PROPN
asfbr-295	722	11	evans	evans	PROPN
asfbr-295	722	12	,	,	PUNCT
asfbr-295	722	13	"	"	PUNCT
asfbr-295	722	14	identification	identification	NOUN
asfbr-295	722	15	of	of	ADP
asfbr-295	722	16	the	the	DET
asfbr-295	722	17	effects	effect	NOUN
asfbr-295	722	18	of	of	ADP
asfbr-295	722	19	monetary	monetary	ADJ
asfbr-295	722	20	policy	policy	NOUN
asfbr-295	722	21	shocks	shock	NOUN
asfbr-295	722	22	,	,	PUNCT
asfbr-295	722	23	"	"	PUNCT
asfbr-295	722	24	in	in	ADP
asfbr-295	722	25	m.i	m.i	PROPN
asfbr-295	722	26	.	.	PROPN
asfbr-295	722	27	blejer	blejer	PROPN
asfbr-295	722	28	et	et	PROPN
asfbr-295	722	29	al	al	PROPN
asfbr-295	722	30	.	.	PUNCT
asfbr-295	723	1	eds	ed	NOUN
asfbr-295	723	2	,	,	PUNCT
asfbr-295	723	3	financial	financial	ADJ
asfbr-295	723	4	factors	factor	NOUN
asfbr-295	723	5	in	in	ADP
asfbr-295	723	6	economic	economic	ADJ
asfbr-295	723	7	stabilization	stabilization	NOUN
asfbr-295	723	8	and	and	CCONJ
asfbr-295	723	9	growth	growth	NOUN
asfbr-295	723	10	.	.	PUNCT
asfbr-295	724	1	new	new	PROPN
asfbr-295	724	2	york	york	PROPN
asfbr-295	724	3	,	,	PUNCT
asfbr-295	724	4	cambridge	cambridge	PROPN
asfbr-295	724	5	university	university	PROPN
asfbr-295	724	6	press	press	NOUN
asfbr-295	724	7	,	,	PUNCT
asfbr-295	724	8	1996	1996	NUM
asfbr-295	724	9	.	.	PUNCT
asfbr-295	725	1	ditmar	ditmar	PROPN
asfbr-295	725	2	r.	r.	PROPN
asfbr-295	725	3	,	,	PUNCT
asfbr-295	725	4	gavin	gavin	PROPN
asfbr-295	725	5	,	,	PUNCT
asfbr-295	725	6	w.t	w.t	PROPN
asfbr-295	725	7	,	,	PUNCT
asfbr-295	725	8	and	and	CCONJ
asfbr-295	725	9	f.e	f.e	PROPN
asfbr-295	725	10	.	.	PROPN
asfbr-295	725	11	kydland	kydland	PROPN
asfbr-295	726	1	"	"	PUNCT
asfbr-295	726	2	what	what	PRON
asfbr-295	726	3	do	do	AUX
asfbr-295	726	4	new	new	ADJ
asfbr-295	726	5	-	-	PUNCT
asfbr-295	726	6	keynesian	keynesian	ADJ
asfbr-295	726	7	phillips	phillip	NOUN
asfbr-295	726	8	curves	curve	NOUN
asfbr-295	726	9	imply	imply	VERB
asfbr-295	726	10	for	for	ADP
asfbr-295	726	11	price	price	NOUN
asfbr-295	726	12	level	level	NOUN
asfbr-295	726	13	targeting	targeting	NOUN
asfbr-295	726	14	,	,	PUNCT
asfbr-295	726	15	review	review	NOUN
asfbr-295	726	16	,	,	PUNCT
asfbr-295	726	17	federal	federal	PROPN
asfbr-295	726	18	reserve	reserve	PROPN
asfbr-295	726	19	bank	bank	PROPN
asfbr-295	726	20	of	of	ADP
asfbr-295	726	21	st	st	PROPN
asfbr-295	726	22	.	.	PROPN
asfbr-295	726	23	louis	louis	PROPN
asfbr-295	726	24	2000	2000	NUM
asfbr-295	726	25	.	.	PUNCT
asfbr-295	727	1	estrella	estrella	PROPN
asfbr-295	727	2	arturo	arturo	PROPN
asfbr-295	727	3	and	and	CCONJ
asfbr-295	727	4	frederic	frederic	PROPN
asfbr-295	727	5	s.	s.	PROPN
asfbr-295	727	6	mishkin	mishkin	PROPN
asfbr-295	727	7	"	"	PUNCT
asfbr-295	727	8	is	be	AUX
asfbr-295	727	9	there	there	PRON
asfbr-295	727	10	a	a	DET
asfbr-295	727	11	role	role	NOUN
asfbr-295	727	12	for	for	ADP
asfbr-295	727	13	monetary	monetary	ADJ
asfbr-295	727	14	aggregates	aggregate	NOUN
asfbr-295	727	15	in	in	ADP
asfbr-295	727	16	the	the	DET
asfbr-295	727	17	conduct	conduct	NOUN
asfbr-295	727	18	of	of	ADP
asfbr-295	727	19	monetary	monetary	ADJ
asfbr-295	727	20	policy	policy	NOUN
asfbr-295	727	21	"	"	PUNCT
asfbr-295	727	22	,	,	PUNCT
asfbr-295	727	23	journal	journal	NOUN
asfbr-295	727	24	of	of	ADP
asfbr-295	727	25	monetary	monetary	ADJ
asfbr-295	727	26	economics	economic	NOUN
asfbr-295	727	27	,	,	PUNCT
asfbr-295	727	28	october	october	PROPN
asfbr-295	727	29	1997	1997	NUM
asfbr-295	727	30	.	.	PUNCT
asfbr-295	728	1	feldstein	feldstein	NOUN
asfbr-295	728	2	,	,	PUNCT
asfbr-295	728	3	m.	m.	NOUN
asfbr-295	728	4	"	"	PUNCT
asfbr-295	728	5	the	the	DET
asfbr-295	728	6	costs	cost	NOUN
asfbr-295	728	7	and	and	CCONJ
asfbr-295	728	8	benefits	benefit	NOUN
asfbr-295	728	9	of	of	ADP
asfbr-295	728	10	price	price	NOUN
asfbr-295	728	11	stability	stability	NOUN
asfbr-295	728	12	"	"	PUNCT
asfbr-295	728	13	,	,	PUNCT
asfbr-295	728	14	nber	nber	PROPN
asfbr-295	728	15	working	working	PROPN
asfbr-295	728	16	paper	paper	PROPN
asfbr-295	728	17	6200	6200	NUM
asfbr-295	728	18	,	,	PUNCT
asfbr-295	728	19	sept	sept	PROPN
asfbr-295	728	20	.	.	PROPN
asfbr-295	728	21	1997	1997	NUM
asfbr-295	728	22	.	.	PUNCT
asfbr-295	729	1	friedman	friedman	PROPN
asfbr-295	729	2	,	,	PUNCT
asfbr-295	729	3	benjamin	benjamin	PROPN
asfbr-295	729	4	m.	m.	PROPN
asfbr-295	729	5	,	,	PUNCT
asfbr-295	729	6	"	"	PUNCT
asfbr-295	729	7	the	the	DET
asfbr-295	729	8	use	use	NOUN
asfbr-295	729	9	and	and	CCONJ
asfbr-295	729	10	meaning	meaning	NOUN
asfbr-295	729	11	of	of	ADP
asfbr-295	729	12	words	word	NOUN
asfbr-295	729	13	in	in	ADP
asfbr-295	729	14	central	central	ADJ
asfbr-295	729	15	banking	banking	NOUN
asfbr-295	729	16	:	:	PUNCT
asfbr-295	729	17	inflation	inflation	NOUN
asfbr-295	729	18	targeting	targeting	NOUN
asfbr-295	729	19	,	,	PUNCT
asfbr-295	729	20	credibility	credibility	NOUN
asfbr-295	729	21	,	,	PUNCT
asfbr-295	729	22	and	and	CCONJ
asfbr-295	729	23	transparency	transparency	NOUN
asfbr-295	729	24	,	,	PUNCT
asfbr-295	729	25	nber	nber	PROPN
asfbr-295	729	26	working	working	PROPN
asfbr-295	729	27	paper	paper	PROPN
asfbr-295	729	28	8972	8972	NUM
asfbr-295	729	29	,	,	PUNCT
asfbr-295	729	30	june	june	PROPN
asfbr-295	729	31	2002	2002	NUM
asfbr-295	729	32	.	.	PUNCT
asfbr-295	730	1	jonas	jonas	PROPN
asfbr-295	730	2	.	.	PUNCT
asfbr-295	731	1	jiri	jiri	PROPN
asfbr-295	731	2	,	,	PUNCT
asfbr-295	731	3	and	and	CCONJ
asfbr-295	731	4	frederic	frederic	PROPN
asfbr-295	731	5	s.	s.	PROPN
asfbr-295	731	6	mishkin	mishkin	PROPN
asfbr-295	731	7	"	"	PUNCT
asfbr-295	731	8	inflation	inflation	NOUN
asfbr-295	731	9	targeting	target	VERB
asfbr-295	731	10	in	in	ADP
asfbr-295	731	11	transition	transition	NOUN
asfbr-295	731	12	countries	country	NOUN
asfbr-295	731	13	:	:	PUNCT
asfbr-295	731	14	experience	experience	NOUN
asfbr-295	731	15	and	and	CCONJ
asfbr-295	731	16	prospects	prospect	NOUN
asfbr-295	731	17	,	,	PUNCT
asfbr-295	731	18	nber	nber	PROPN
asfbr-295	731	19	working	working	PROPN
asfbr-295	731	20	paper	paper	PROPN
asfbr-295	731	21	9667	9667	NUM
asfbr-295	731	22	,	,	PUNCT
asfbr-295	731	23	april	april	PROPN
asfbr-295	731	24	2003	2003	NUM
asfbr-295	731	25	.	.	PUNCT
asfbr-295	732	1	king	king	NOUN
asfbr-295	732	2	,	,	PUNCT
asfbr-295	732	3	m.	m.	NOUN
asfbr-295	732	4	,	,	PUNCT
asfbr-295	732	5	"	"	PUNCT
asfbr-295	732	6	challenges	challenge	NOUN
asfbr-295	732	7	for	for	ADP
asfbr-295	732	8	monetary	monetary	ADJ
asfbr-295	732	9	policy	policy	NOUN
asfbr-295	732	10	:	:	PUNCT
asfbr-295	732	11	new	new	ADJ
asfbr-295	732	12	and	and	CCONJ
asfbr-295	732	13	old	old	ADJ
asfbr-295	732	14	"	"	PUNCT
asfbr-295	732	15	,	,	PUNCT
asfbr-295	732	16	in	in	ADP
asfbr-295	732	17	new	new	ADJ
asfbr-295	732	18	challenges	challenge	NOUN
asfbr-295	732	19	for	for	ADP
asfbr-295	732	20	monetary	monetary	ADJ
asfbr-295	732	21	policy	policy	NOUN
asfbr-295	732	22	,	,	PUNCT
asfbr-295	732	23	federal	federal	PROPN
asfbr-295	732	24	reserve	reserve	PROPN
asfbr-295	732	25	bank	bank	PROPN
asfbr-295	732	26	of	of	ADP
asfbr-295	732	27	kansas	kansas	PROPN
asfbr-295	732	28	city	city	PROPN
asfbr-295	732	29	,	,	PUNCT
asfbr-295	732	30	kansas	kansas	PROPN
asfbr-295	732	31	city	city	PROPN
asfbr-295	732	32	,	,	PUNCT
asfbr-295	732	33	missouri	missouri	PROPN
asfbr-295	732	34	,	,	PUNCT
asfbr-295	732	35	1999	1999	NUM
asfbr-295	732	36	.	.	PUNCT
asfbr-295	733	1	masson	masson	PROPN
asfbr-295	733	2	paul	paul	PROPN
asfbr-295	733	3	,	,	PUNCT
asfbr-295	733	4	r.	r.	PROPN
asfbr-295	733	5	,	,	PUNCT
asfbr-295	733	6	savastano	savastano	NOUN
asfbr-295	733	7	,	,	PUNCT
asfbr-295	733	8	miguel	miguel	PROPN
asfbr-295	733	9	a.	a.	PROPN
asfbr-295	733	10	;	;	PUNCT
asfbr-295	733	11	sharma	sharma	PROPN
asfbr-295	733	12	sunil	sunil	PROPN
asfbr-295	733	13	.	.	PUNCT
asfbr-295	734	1	"	"	PUNCT
asfbr-295	734	2	the	the	DET
asfbr-295	734	3	scope	scope	NOUN
asfbr-295	734	4	for	for	ADP
asfbr-295	734	5	inflation	inflation	NOUN
asfbr-295	734	6	targeting	target	VERB
asfbr-295	734	7	in	in	ADP
asfbr-295	734	8	developing	develop	VERB
asfbr-295	734	9	countries	country	NOUN
asfbr-295	734	10	,	,	PUNCT
asfbr-295	734	11	imf	imf	PROPN
asfbr-295	734	12	working	working	PROPN
asfbr-295	734	13	paper	paper	PROPN
asfbr-295	734	14	130	130	NUM
asfbr-295	734	15	,	,	PUNCT
asfbr-295	734	16	october	october	PROPN
asfbr-295	734	17	1997	1997	NUM
asfbr-295	734	18	.	.	PUNCT
asfbr-295	735	1	mccallum	mccallum	PROPN
asfbr-295	735	2	bennett	bennett	PROPN
asfbr-295	735	3	t.	t.	PROPN
asfbr-295	735	4	,	,	PUNCT
asfbr-295	735	5	"	"	PUNCT
asfbr-295	735	6	inflation	inflation	NOUN
asfbr-295	735	7	targeting	target	VERB
asfbr-295	735	8	in	in	ADP
asfbr-295	735	9	canada	canada	PROPN
asfbr-295	735	10	,	,	PUNCT
asfbr-295	735	11	new	new	PROPN
asfbr-295	735	12	zealand	zealand	PROPN
asfbr-295	735	13	,	,	PUNCT
asfbr-295	735	14	sweden	sweden	PROPN
asfbr-295	735	15	,	,	PUNCT
asfbr-295	735	16	the	the	DET
asfbr-295	735	17	united	united	ADJ
asfbr-295	735	18	kingdom	kingdom	PROPN
asfbr-295	735	19	,	,	PUNCT
asfbr-295	735	20	and	and	CCONJ
asfbr-295	735	21	in	in	ADP
asfbr-295	735	22	general	general	ADJ
asfbr-295	735	23	"	"	PUNCT
asfbr-295	735	24	,	,	PUNCT
asfbr-295	735	25	nber	nber	PROPN
asfbr-295	735	26	working	working	PROPN
asfbr-295	735	27	paper	paper	PROPN
asfbr-295	735	28	5579	5579	NUM
asfbr-295	735	29	,	,	PUNCT
asfbr-295	735	30	may	may	PROPN
asfbr-295	735	31	1996	1996	NUM
asfbr-295	735	32	.	.	PUNCT
asfbr-295	736	1	mccallum	mccallum	PROPN
asfbr-295	736	2	bennett	bennett	PROPN
asfbr-295	736	3	t.	t.	PROPN
asfbr-295	736	4	,	,	PUNCT
asfbr-295	736	5	"	"	PUNCT
asfbr-295	736	6	specification	specification	NOUN
asfbr-295	736	7	of	of	ADP
asfbr-295	736	8	policy	policy	NOUN
asfbr-295	736	9	rules	rule	NOUN
asfbr-295	736	10	and	and	CCONJ
asfbr-295	736	11	performance	performance	NOUN
asfbr-295	736	12	measure	measure	NOUN
asfbr-295	736	13	in	in	ADP
asfbr-295	736	14	multicountry	multicountry	PROPN
asfbr-295	736	15	simulation	simulation	NOUN
asfbr-295	736	16	studies	study	NOUN
asfbr-295	736	17	,	,	PUNCT
asfbr-295	736	18	journal	journal	NOUN
asfbr-295	736	19	of	of	ADP
asfbr-295	736	20	international	international	ADJ
asfbr-295	736	21	money	money	NOUN
asfbr-295	736	22	and	and	CCONJ
asfbr-295	736	23	finance	finance	NOUN
asfbr-295	736	24	,	,	PUNCT
asfbr-295	736	25	june	june	PROPN
asfbr-295	736	26	1994	1994	NUM
asfbr-295	736	27	.	.	PUNCT
asfbr-295	737	1	mishkin	mishkin	PROPN
asfbr-295	737	2	frederic	frederic	PROPN
asfbr-295	737	3	s.	s.	PROPN
asfbr-295	737	4	,	,	PUNCT
asfbr-295	737	5	"	"	PUNCT
asfbr-295	737	6	inflation	inflation	NOUN
asfbr-295	737	7	targeting	target	VERB
asfbr-295	737	8	in	in	ADP
asfbr-295	737	9	emerging	emerge	VERB
asfbr-295	737	10	market	market	NOUN
asfbr-295	737	11	countries	country	NOUN
asfbr-295	737	12	"	"	PUNCT
asfbr-295	737	13	,	,	PUNCT
asfbr-295	737	14	american	american	PROPN
asfbr-295	737	15	econ	econ	PROPN
asfbr-295	737	16	.	.	PUNCT
asfbr-295	738	1	rev	rev	PROPN
asfbr-295	738	2	.	.	PROPN
asfbr-295	738	3	,	,	PUNCT
asfbr-295	738	4	may	may	PROPN
asfbr-295	738	5	2000	2000	NUM
asfbr-295	738	6	.	.	PUNCT
asfbr-295	739	1	mishkin	mishkin	PROPN
asfbr-295	739	2	frederic	frederic	PROPN
asfbr-295	739	3	s.	s.	PROPN
asfbr-295	739	4	,	,	PUNCT
asfbr-295	739	5	"	"	PUNCT
asfbr-295	739	6	issues	issue	NOUN
asfbr-295	739	7	in	in	ADP
asfbr-295	739	8	inflation	inflation	NOUN
asfbr-295	739	9	targeting	target	VERB
asfbr-295	739	10	"	"	PUNCT
asfbr-295	739	11	in	in	ADP
asfbr-295	739	12	price	price	NOUN
asfbr-295	739	13	stability	stability	NOUN
asfbr-295	739	14	and	and	CCONJ
asfbr-295	739	15	the	the	DET
asfbr-295	739	16	long	long	ADV
asfbr-295	739	17	-	-	PUNCT
asfbr-295	739	18	run	run	NOUN
asfbr-295	739	19	target	target	NOUN
asfbr-295	739	20	for	for	ADP
asfbr-295	739	21	monetary	monetary	ADJ
asfbr-295	739	22	policy	policy	NOUN
asfbr-295	739	23	,	,	PUNCT
asfbr-295	739	24	bank	bank	PROPN
asfbr-295	739	25	of	of	ADP
asfbr-295	739	26	canada	canada	PROPN
asfbr-295	739	27	,	,	PUNCT
asfbr-295	739	28	ottawa	ottawa	PROPN
asfbr-295	739	29	,	,	PUNCT
asfbr-295	739	30	canada	canada	PROPN
asfbr-295	739	31	,	,	PUNCT
asfbr-295	739	32	2001	2001	NUM
asfbr-295	739	33	.	.	PUNCT
asfbr-295	740	1	mishkin	mishkin	PROPN
asfbr-295	740	2	frederic	frederic	PROPN
asfbr-295	740	3	s.	s.	PROPN
asfbr-295	740	4	"	"	PUNCT
asfbr-295	740	5	international	international	ADJ
asfbr-295	740	6	experiences	experience	NOUN
asfbr-295	740	7	with	with	ADP
asfbr-295	740	8	different	different	ADJ
asfbr-295	740	9	monetary	monetary	ADJ
asfbr-295	740	10	regimes	regime	NOUN
asfbr-295	740	11	"	"	PUNCT
asfbr-295	740	12	,	,	PUNCT
asfbr-295	740	13	journal	journal	NOUN
asfbr-295	740	14	of	of	ADP
asfbr-295	740	15	monetary	monetary	ADJ
asfbr-295	740	16	economics	economic	NOUN
asfbr-295	740	17	,	,	PUNCT
asfbr-295	740	18	43	43	NUM
asfbr-295	740	19	,	,	PUNCT
asfbr-295	740	20	1999	1999	NUM
asfbr-295	740	21	.	.	PUNCT
asfbr-295	741	1	mishkin	mishkin	PROPN
asfbr-295	741	2	frederic	frederic	PROPN
asfbr-295	741	3	s.	s.	PROPN
asfbr-295	741	4	,	,	PUNCT
asfbr-295	741	5	"	"	PUNCT
asfbr-295	741	6	international	international	ADJ
asfbr-295	741	7	experiences	experience	NOUN
asfbr-295	741	8	with	with	ADP
asfbr-295	741	9	different	different	ADJ
asfbr-295	741	10	monetary	monetary	ADJ
asfbr-295	741	11	policy	policy	NOUN
asfbr-295	741	12	regimes	regime	NOUN
asfbr-295	741	13	,	,	PUNCT
asfbr-295	741	14	"	"	PUNCT
asfbr-295	741	15	journal	journal	NOUN
asfbr-295	741	16	of	of	ADP
asfbr-295	741	17	monetary	monetary	ADJ
asfbr-295	741	18	economics	economic	NOUN
asfbr-295	741	19	,	,	PUNCT
asfbr-295	741	20	vol	vol	NOUN
asfbr-295	741	21	43	43	NUM
asfbr-295	741	22	,	,	PUNCT
asfbr-295	741	23	1999	1999	NUM
asfbr-295	741	24	.	.	PUNCT
asfbr-295	742	1	mishkin	mishkin	PROPN
asfbr-295	742	2	frederic	frederic	PROPN
asfbr-295	742	3	s	s	PROPN
asfbr-295	742	4	,	,	PUNCT
asfbr-295	742	5	and	and	CCONJ
asfbr-295	742	6	posen	posen	PROPN
asfbr-295	742	7	,	,	PUNCT
asfbr-295	742	8	adam	adam	PROPN
asfbr-295	742	9	s.	s.	PROPN
asfbr-295	743	1	"	"	PUNCT
asfbr-295	743	2	inflation	inflation	NOUN
asfbr-295	743	3	targeting	target	VERB
asfbr-295	743	4	:	:	PUNCT
asfbr-295	743	5	lessons	lesson	NOUN
asfbr-295	743	6	from	from	ADP
asfbr-295	743	7	four	four	NUM
asfbr-295	743	8	countries	country	NOUN
asfbr-295	743	9	"	"	PUNCT
asfbr-295	743	10	,	,	PUNCT
asfbr-295	743	11	federal	federal	PROPN
asfbr-295	743	12	reserve	reserve	PROPN
asfbr-295	743	13	bank	bank	PROPN
asfbr-295	743	14	of	of	ADP
asfbr-295	743	15	new	new	PROPN
asfbr-295	743	16	york	york	PROPN
asfbr-295	743	17	,	,	PUNCT
asfbr-295	743	18	economic	economic	ADJ
asfbr-295	743	19	policy	policy	NOUN
asfbr-295	743	20	review	review	NOUN
asfbr-295	743	21	,	,	PUNCT
asfbr-295	743	22	august	august	PROPN
asfbr-295	743	23	1997	1997	NUM
asfbr-295	743	24	.	.	PUNCT
asfbr-295	744	1	mishkin	mishkin	PROPN
asfbr-295	744	2	frederic	frederic	PROPN
asfbr-295	744	3	s.	s.	PROPN
asfbr-295	744	4	,	,	PUNCT
asfbr-295	744	5	and	and	CCONJ
asfbr-295	744	6	klaus	klaus	PROPN
asfbr-295	744	7	schmidt	schmidt	PROPN
asfbr-295	744	8	-	-	PUNCT
asfbr-295	744	9	hebbel	hebbel	PROPN
asfbr-295	744	10	"	"	PUNCT
asfbr-295	744	11	one	one	NUM
asfbr-295	744	12	decade	decade	NOUN
asfbr-295	744	13	of	of	ADP
asfbr-295	744	14	inflation	inflation	NOUN
asfbr-295	744	15	targeting	target	VERB
asfbr-295	744	16	in	in	ADP
asfbr-295	744	17	the	the	DET
asfbr-295	744	18	world	world	NOUN
asfbr-295	744	19	:	:	PUNCT
asfbr-295	744	20	what	what	PRON
asfbr-295	744	21	do	do	AUX
asfbr-295	744	22	we	we	PRON
asfbr-295	744	23	know	know	VERB
asfbr-295	744	24	and	and	CCONJ
asfbr-295	744	25	what	what	PRON
asfbr-295	744	26	do	do	AUX
asfbr-295	744	27	we	we	PRON
asfbr-295	744	28	need	need	VERB
asfbr-295	744	29	to	to	PART
asfbr-295	744	30	know	know	VERB
asfbr-295	744	31	"	"	PUNCT
asfbr-295	744	32	,	,	PUNCT
asfbr-295	744	33	nber	nber	PROPN
asfbr-295	744	34	working	working	PROPN
asfbr-295	744	35	paper	paper	PROPN
asfbr-295	744	36	8397	8397	NUM
asfbr-295	744	37	,	,	PUNCT
asfbr-295	744	38	july	july	PROPN
asfbr-295	744	39	2001	2001	NUM
asfbr-295	744	40	.	.	PUNCT
asfbr-295	745	1	svensson	svensson	PROPN
asfbr-295	745	2	lars	lars	PROPN
asfbr-295	745	3	,	,	PUNCT
asfbr-295	745	4	e.o	e.o	PROPN
asfbr-295	745	5	.	.	PROPN
asfbr-295	745	6	,	,	PUNCT
asfbr-295	745	7	the	the	DET
asfbr-295	745	8	swedish	swedish	ADJ
asfbr-295	745	9	experience	experience	NOUN
asfbr-295	745	10	of	of	ADP
asfbr-295	745	11	an	an	DET
asfbr-295	745	12	inflation	inflation	NOUN
asfbr-295	745	13	target	target	NOUN
asfbr-295	745	14	,	,	PUNCT
asfbr-295	745	15	nber	nber	PROPN
asfbr-295	745	16	working	working	PROPN
asfbr-295	745	17	paper	paper	PROPN
asfbr-295	745	18	4985	4985	NUM
asfbr-295	745	19	,	,	PUNCT
asfbr-295	745	20	jan	jan	PROPN
asfbr-295	745	21	1995	1995	NUM
asfbr-295	745	22	.	.	PUNCT
asfbr-295	746	1	(	(	PUNCT
asfbr-295	746	2	ارتباط	ارتباط	VERB
asfbr-295	746	3	اجزاء	اجزاء	AUX
asfbr-295	746	4	منابع	منابع	PROPN
asfbr-295	746	5	و	و	PRON
asfbr-295	746	6	مصارف	مصارف	ADV
asfbr-295	746	7	بانكها	بانكها	ADJ
asfbr-295	746	8	با	با	PROPN
asfbr-295	746	9	بخشهاي	بخشهاي	PROPN
asfbr-295	746	10	پولي	پولي	PROPN
asfbr-295	746	11	،	،	PROPN
asfbr-295	746	12	ارزي	ارزي	VERB
asfbr-295	746	13	و	و	PRON
asfbr-295	746	14	مالي	مالي	NOUN
asfbr-295	746	15	و	و	PRON
asfbr-295	746	16	مغايرتهاي	مغايرتهاي	NOUN
asfbr-295	746	17	موجود	موجود	NOUN
asfbr-295	746	18	در	در	X
asfbr-295	746	19	گزارش	گزارش	PROPN
asfbr-295	746	20	اقتصادي	اقتصادي	VERB
asfbr-295	747	1	و	و	PRON
asfbr-295	747	2	ترازنامه	ترازنامه	PROPN
asfbr-295	747	3	1373بيدآباد	1373بيدآباد	NUM
asfbr-295	747	4	،	،	PROPN
asfbr-295	747	5	بيژن	بيژن	PROPN
asfbr-295	747	6	)	)	PUNCT
asfbr-295	748	1	بانك	بانك	PROPN
asfbr-295	748	2	مركزي	مركزي	PROPN
asfbr-295	748	3	،	،	PROPN
asfbr-295	748	4	وزارت	وزارت	PROPN
asfbr-295	748	5	امور	امور	NOUN
asfbr-295	748	6	اقتصادي	اقتصادي	VERB
asfbr-295	748	7	و	و	PRON
asfbr-295	748	8	دارايي	دارايي	PROPN
asfbr-295	748	9	،	،	PROPN
asfbr-295	748	10	معاونت	معاونت	PROPN
asfbr-295	748	11	امور	امور	PROPN
asfbr-295	748	12	اقتصادي	اقتصادي	NOUN
asfbr-295	748	13	.	.	PUNCT
asfbr-295	749	1	الي	الي	NOUN
asfbr-295	749	2	گزارش	گزارش	VERB
asfbr-295	749	3	اقتصادي	اقتصادي	VERB
asfbr-295	749	4	و	و	PRON
asfbr-295	749	5	ترازنامه	ترازنامه	PROPN
asfbr-295	749	6	بانك	بانك	PROPN
asfbr-295	749	7	مركزي	مركزي	PROPN
asfbr-295	749	8	،	،	PROPN
asfbr-295	749	9	معاونت	معاونت	PROPN
asfbr-295	749	10	اقتصادي	اقتصادي	VERB
asfbr-295	749	11	و	و	X
asfbr-295	749	12	(	(	PUNCT
asfbr-295	749	13	،	،	X
asfbr-295	749	14	برخي	برخي	VERB
asfbr-295	749	15	ناهمخوانيها	ناهمخوانيها	NOUN
asfbr-295	749	16	در	در	VERB
asfbr-295	749	17	حسابهاي	حسابهاي	PROPN
asfbr-295	749	18	پولي	پولي	PROPN
asfbr-295	749	19	،	،	PROPN
asfbr-295	749	20	ارزي	ارزي	VERB
asfbr-295	749	21	و	و	PRON
asfbr-295	749	22	م1374بيدآباد	م1374بيدآباد	ADV
asfbr-295	749	23	،	،	X
asfbr-295	749	24	بيژن	بيژن	ADJ
asfbr-295	749	25	)	)	PUNCT
asfbr-295	749	26	تكنولوژي	تكنولوژي	PROPN
asfbr-295	749	27	،	،	PROPN
asfbr-295	749	28	مركز	مركز	PROPN
asfbr-295	749	29	تحقيقات	تحقيقات	PROPN
asfbr-295	749	30	استراتژيك	استراتژيك	PROPN
asfbr-295	749	31	،	،	PROPN
asfbr-295	749	32	نهاد	نهاد	PROPN
asfbr-295	749	33	رياست	رياست	NOUN
asfbr-295	749	34	جمهوري	جمهوري	NOUN
asfbr-295	749	35	.	.	PUNCT
asfbr-295	750	1	-6صفحات	-6صفحات	PUNCT
asfbr-295	750	2	–	–	PUNCT
asfbr-295	750	3	84هاي	84هاي	PROPN
asfbr-295	750	4	اقتصاد	اقتصاد	PROPN
asfbr-295	750	5	شمارة	شمارة	VERB
asfbr-295	750	6	(	(	PUNCT
asfbr-295	750	7	بررسي	بررسي	NOUN
asfbr-295	750	8	اجمالي	اجمالي	NOUN
asfbr-295	750	9	اثرات	اثرات	PROPN
asfbr-295	750	10	سياست	سياست	PROPN
asfbr-295	750	11	فروش	فروش	PROPN
asfbr-295	750	12	ارز	ارز	PROPN
asfbr-295	750	13	در	در	PROPN
asfbr-295	750	14	بازار	بازار	PROPN
asfbr-295	750	15	غيررسمي	غيررسمي	ADJ
asfbr-295	750	16	اسعار	اسعار	ADV
asfbr-295	750	17	خارجي	خارجي	ADJ
asfbr-295	750	18	،	،	X
asfbr-295	750	19	مجله	مجله	PROPN
asfbr-295	750	20	تازه1377بيژن	تازه1377بيژن	VERB
asfbr-295	750	21	بيدآباد	بيدآباد	PROPN
asfbr-295	750	22	)	)	PUNCT
asfbr-295	750	23	بانكي	بانكي	PROPN
asfbr-295	750	24	،	،	PROPN
asfbr-295	750	25	بانك	بانك	PROPN
asfbr-295	750	26	مركزي	مركزي	PROPN
asfbr-295	750	27	ايران	ايران	NOUN
asfbr-295	750	28	..	..	PUNCT
asfbr-295	751	1	پژوهشكدة	پژوهشكدة	ADJ
asfbr-295	751	2	پولي	پولي	NOUN
asfbr-295	751	3	و	و	PROPN
asfbr-295	751	4	4	4	NUM
asfbr-295	751	5	http://www.bcentral.c1	http://www.bcentral.c1	NOUN
asfbr-295	751	6	/	/	SYM
asfbr-295	751	7	estudios	estudio	NOUN
asfbr-295	751	8	/	/	SYM
asfbr-295	751	9	dtbc/69	dtbc/69	NOUN
asfbr-295	751	10	/	/	SYM
asfbr-295	751	11	dtbc69.pdf	dtbc69.pdf	NOUN
asfbr-295	751	12	copyright	copyright	NOUN
asfbr-295	751	13	©	©	PROPN
asfbr-295	751	14	cc	cc	PROPN
asfbr-295	751	15	-	-	PUNCT
asfbr-295	751	16	by	by	ADP
asfbr-295	751	17	-	-	PUNCT
asfbr-295	751	18	nc	nc	PROPN
asfbr-295	751	19	2019	2019	NUM
asfbr-295	751	20	,	,	PUNCT
asfbr-295	751	21	cribfb	cribfb	PROPN
asfbr-295	751	22	|	|	ADV
asfbr-295	751	23	afbr	afbr	ADV
asfbr-295	751	24	www.cribfb.com/journal/index.php/asfbr	www.cribfb.com/journal/index.php/asfbr	VERB
asfbr-295	751	25	asian	asian	ADJ
asfbr-295	751	26	finance	finance	PROPN
asfbr-295	751	27	&	&	CCONJ
asfbr-295	751	28	banking	banking	PROPN
asfbr-295	751	29	review	review	PROPN
asfbr-295	751	30	vol	vol	NOUN
asfbr-295	751	31	.	.	PROPN
asfbr-295	752	1	3	3	NUM
asfbr-295	752	2	,	,	PUNCT
asfbr-295	752	3	no	no	INTJ
asfbr-295	752	4	.	.	NOUN
asfbr-295	752	5	1	1	NUM
asfbr-295	752	6	;	;	PUNCT
asfbr-295	752	7	2019	2019	NUM
asfbr-295	752	8	73	73	NUM
asfbr-295	752	9	گذاري	گذاري	NOUN
asfbr-295	752	10	در	در	ADP
asfbr-295	752	11	ايران	ايران	PROPN
asfbr-295	752	12	،	،	PROPN
asfbr-295	752	13	مركز	مركز	PROPN
asfbr-295	752	14	پژوهشهاي	پژوهشهاي	PROPN
asfbr-295	752	15	مجلس	مجلس	PROPN
asfbr-295	752	16	شوراي	شوراي	PROPN
asfbr-295	752	17	اسالمي	اسالمي	PROPN
asfbr-295	752	18	.	.	PUNCT
asfbr-295	753	1	(	(	PUNCT
asfbr-295	753	2	امنيت	امنيت	ADJ
asfbr-295	753	3	اقتصادي	اقتصادي	NOUN
asfbr-295	753	4	و	و	PRON
asfbr-295	753	5	مروري	مروري	VERB
asfbr-295	753	6	بر	بر	ADP
asfbr-295	753	7	موانع	موانع	NOUN
asfbr-295	753	8	سرمايه1374بيژن	سرمايه1374بيژن	VERB
asfbr-295	753	9	بيدآباد	بيدآباد	PROPN
asfbr-295	753	10	)	)	PUNCT
asfbr-295	753	11	اقتصاد	اقتصاد	PROPN
asfbr-295	754	1	از	از	INTJ
asfbr-295	754	2	مجموعه	مجموعه	PROPN
asfbr-295	754	3	مسائل	مسائل	NOUN
asfbr-295	754	4	اقتصاد	اقتصاد	PROPN
asfbr-295	754	5	كالن	كالن	PROPN
asfbr-295	754	6	4باشند	4باشند	NUM
asfbr-295	754	7	؟	؟	NOUN
asfbr-295	754	8	گزارش	گزارش	VERB
asfbr-295	754	9	(	(	PUNCT
asfbr-295	754	10	آيا	آيا	NOUN
asfbr-295	754	11	ابزارهاي	ابزارهاي	PROPN
asfbr-295	754	12	پولي	پولي	PROPN
asfbr-295	754	13	بانك	بانك	PROPN
asfbr-295	754	14	مركزي	مركزي	PROPN
asfbr-295	754	15	در	در	PROPN
asfbr-295	754	16	كنترل	كنترل	PROPN
asfbr-295	754	17	حجم	حجم	PROPN
asfbr-295	754	18	نقدينگي	نقدينگي	PROPN
asfbr-295	754	19	كافي	كافي	PROPN
asfbr-295	754	20	مي1374بيژن	مي1374بيژن	VERB
asfbr-295	754	21	بيدآباد	بيدآباد	NOUN
asfbr-295	754	22	)	)	PUNCT
asfbr-295	754	23	ايران	ايران	PROPN
asfbr-295	754	24	،	،	PROPN
asfbr-295	754	25	مركز	مركز	PROPN
asfbr-295	754	26	تحقيقات	تحقيقات	PROPN
asfbr-295	754	27	استراتژيك	استراتژيك	PROPN
asfbr-295	754	28	نهاد	نهاد	PROPN
asfbr-295	754	29	رياست	رياست	NOUN
asfbr-295	754	30	جمهوري	جمهوري	PROPN
asfbr-295	754	31	.	.	PUNCT
asfbr-295	755	1	از	از	INTJ
asfbr-295	755	2	مجموعه	مجموعه	PROPN
asfbr-295	755	3	مسائل	مسائل	NOUN
asfbr-295	755	4	اقتصاد	اقتصاد	PROPN
asfbr-295	755	5	3	3	NUM
asfbr-295	755	6	(	(	PUNCT
asfbr-295	755	7	آيا	آيا	NOUN
asfbr-295	755	8	تورم	تورم	VERB
asfbr-295	755	9	در	در	PROPN
asfbr-295	755	10	ايران	ايران	PROPN
asfbr-295	755	11	به	به	VERB
asfbr-295	755	12	غير	غير	PROPN
asfbr-295	755	13	از	از	PROPN
asfbr-295	755	14	افزايش	افزايش	PROPN
asfbr-295	755	15	حجم	حجم	PROPN
asfbr-295	755	16	نقدينگي	نقدينگي	DET
asfbr-295	755	17	علت	علت	NOUN
asfbr-295	755	18	اساسي	اساسي	PROPN
asfbr-295	755	19	ديگري	ديگري	PROPN
asfbr-295	755	20	نيز	نيز	PROPN
asfbr-295	755	21	دارد	دارد	PROPN
asfbr-295	755	22	،	،	PROPN
asfbr-295	755	23	گزارش	گزارش	PROPN
asfbr-295	755	24	شماره	شماره	NUM
asfbr-295	755	25	1374بيژن	1374بيژن	NUM
asfbr-295	755	26	بيدآباد	بيدآباد	NOUN
asfbr-295	755	27	)	)	PUNCT
asfbr-295	755	28	كالن	كالن	NOUN
asfbr-295	755	29	،	،	PROPN
asfbr-295	755	30	مركز	مركز	PROPN
asfbr-295	755	31	تحقيقات	تحقيقات	PROPN
asfbr-295	755	32	استراتژيك	استراتژيك	PROPN
asfbr-295	755	33	نهاد	نهاد	PROPN
asfbr-295	755	34	رياست	رياست	NOUN
asfbr-295	755	35	جمهوري	جمهوري	PROPN
asfbr-295	755	36	.	.	PUNCT
asfbr-295	756	1	از	از	PROPN
asfbr-295	756	2	مجموعة	مجموعة	PROPN
asfbr-295	756	3	مسائل	مسائل	PROPN
asfbr-295	756	4	2شود	2شود	NUM
asfbr-295	756	5	؟	؟	NOUN
asfbr-295	756	6	گزارش	گزارش	VERB
asfbr-295	756	7	شمارة	شمارة	NOUN
asfbr-295	756	8	آيا	آيا	NOUN
asfbr-295	756	9	كاهش	كاهش	NOUN
asfbr-295	756	10	تورم	تورم	NOUN
asfbr-295	756	11	در	در	PROPN
asfbr-295	756	12	اثر	اثر	PROPN
asfbr-295	756	13	كاهش	كاهش	PROPN
asfbr-295	756	14	رشد	رشد	PROPN
asfbr-295	756	15	نقدينگي	نقدينگي	PROPN
asfbr-295	756	16	سبب	سبب	PROPN
asfbr-295	756	17	كاهش	كاهش	PROPN
asfbr-295	756	18	رشد	رشد	PROPN
asfbr-295	756	19	اقتصادي	اقتصادي	NOUN
asfbr-295	756	20	در	در	VERB
asfbr-295	756	21	ايران	ايران	NOUN
asfbr-295	756	22	مي	مي	PROPN
asfbr-295	756	23	(	(	PUNCT
asfbr-295	756	24	1374بيژن	1374بيژن	PROPN
asfbr-295	756	25	بيدآباد	بيدآباد	NOUN
asfbr-295	756	26	)	)	PUNCT
asfbr-295	756	27	اقتصاد	اقتصاد	PROPN
asfbr-295	756	28	كالن	كالن	PROPN
asfbr-295	756	29	ايران	ايران	PROPN
asfbr-295	756	30	،	،	PROPN
asfbr-295	756	31	مركز	مركز	PROPN
asfbr-295	756	32	تحقيقات	تحقيقات	PROPN
asfbr-295	756	33	استراتژيك	استراتژيك	PROPN
asfbr-295	756	34	نهاد	نهاد	PROPN
asfbr-295	756	35	رياست	رياست	NOUN
asfbr-295	756	36	جمهوري	جمهوري	PROPN
asfbr-295	756	37	.	.	PUNCT
asfbr-295	756	38	.	.	PUNCT
asfbr-295	757	1	4زي	4زي	ADJ
asfbr-295	757	2	ايران	ايران	NOUN
asfbr-295	757	3	.	.	PUNCT
asfbr-295	758	1	ويرايش	ويرايش	INTJ
asfbr-295	758	2	(	(	PUNCT
asfbr-295	758	3	الگوي	الگوي	ADV
asfbr-295	758	4	اقتصاد	اقتصاد	PROPN
asfbr-295	758	5	سنجي	سنجي	NOUN
asfbr-295	758	6	كالن	كالن	NOUN
asfbr-295	758	7	ايران	ايران	PROPN
asfbr-295	758	8	،	،	PROPN
asfbr-295	758	9	مؤسسه	مؤسسه	PROPN
asfbr-295	758	10	تحقيقات	تحقيقات	PROPN
asfbr-295	758	11	پولي	پولي	PROPN
asfbr-295	758	12	و	و	PROPN
asfbr-295	758	13	بانكي	بانكي	PROPN
asfbr-295	758	14	،	،	PROPN
asfbr-295	758	15	بانك	بانك	PROPN
asfbr-295	758	16	مرك1375بيژن	مرك1375بيژن	VERB
asfbr-295	758	17	بيدآباد	بيدآباد	NOUN
asfbr-295	758	18	)	)	PUNCT
asfbr-295	759	1	از	از	INTJ
asfbr-295	759	2	مجموعه	مجموعه	NOUN
asfbr-295	759	3	مسائل	مسائل	NOUN
asfbr-295	760	1	اقتصاد	اقتصاد	PROPN
asfbr-295	760	2	كالن	كالن	PROPN
asfbr-295	760	3	8گذاري	8گذاري	PROPN
asfbr-295	760	4	را	را	PROPN
asfbr-295	760	5	داشت	داشت	PROPN
asfbr-295	760	6	؟	؟	NOUN
asfbr-295	760	7	گزارش	گزارش	VERB
asfbr-295	760	8	شمارة	شمارة	NOUN
asfbr-295	760	9	توان	توان	PROPN
asfbr-295	760	10	انتظار	انتظار	PROPN
asfbr-295	760	11	افزايش	افزايش	ADV
asfbr-295	760	12	سرمايه	سرمايه	PROPN
asfbr-295	760	13	(	(	PUNCT
asfbr-295	760	14	آيا	آيا	NOUN
asfbr-295	760	15	بدون	بدون	VERB
asfbr-295	760	16	امنيت	امنيت	ADJ
asfbr-295	760	17	اقتصادي	اقتصادي	NOUN
asfbr-295	760	18	مي1375بيژن	مي1375بيژن	VERB
asfbr-295	760	19	بيدآباد	بيدآباد	NOUN
asfbr-295	760	20	)	)	PUNCT
asfbr-295	760	21	ايران	ايران	PROPN
asfbr-295	760	22	،	،	PROPN
asfbr-295	760	23	مركز	مركز	PROPN
asfbr-295	760	24	تحقيقات	تحقيقات	PROPN
asfbr-295	760	25	استراتژيك	استراتژيك	PROPN
asfbr-295	760	26	نهاد	نهاد	PROPN
asfbr-295	760	27	رياست	رياست	NOUN
asfbr-295	760	28	جمهوري	جمهوري	PROPN
asfbr-295	760	29	.	.	PUNCT
asfbr-295	761	1	پذيري	پذيري	PROPN
asfbr-295	761	2	حصول	حصول	VERB
asfbr-295	761	3	اهداف	اهداف	PROPN
asfbr-295	761	4	برنامه	برنامه	PROPN
asfbr-295	761	5	پنجساله	پنجساله	PROPN
asfbr-295	761	6	اول	اول	VERB
asfbr-295	761	7	توسعه	توسعه	PROPN
asfbr-295	761	8	اقتصادي	اقتصادي	PROPN
asfbr-295	761	9	،	،	PROPN
asfbr-295	761	10	اجتماعي	اجتماعي	PROPN
asfbr-295	761	11	اقتصاد	اقتصاد	PROPN
asfbr-295	761	12	ايران	ايران	PROPN
asfbr-295	761	13	و	و	PRON
asfbr-295	761	14	امكان	امكان	X
asfbr-295	761	15	(	(	PUNCT
asfbr-295	761	16	تبيين	تبيين	NOUN
asfbr-295	761	17	پولي	پولي	PROPN
asfbr-295	761	18	تورم	تورم	PROPN
asfbr-295	762	1	در1369كميجاني	در1369كميجاني	PROPN
asfbr-295	762	2	،	،	PROPN
asfbr-295	762	3	اكبر	اكبر	PROPN
asfbr-295	762	4	و	و	PROPN
asfbr-295	762	5	بيژن	بيژن	ADJ
asfbr-295	762	6	بيدآباد	بيدآباد	NOUN
asfbr-295	762	7	)	)	PUNCT
asfbr-295	763	1	و	و	PRON
asfbr-295	763	2	فرهنگي	فرهنگي	NOUN
asfbr-295	763	3	جمهوري	جمهوري	PROPN
asfbr-295	763	4	اسالمي	اسالمي	VERB
asfbr-295	763	5	ايران	ايران	PROPN
asfbr-295	763	6	،	،	PROPN
asfbr-295	763	7	وزارت	وزارت	PROPN
asfbr-295	764	1	امور	امور	NOUN
asfbr-295	764	2	اقتصادي	اقتصادي	VERB
asfbr-295	764	3	و	و	PRON
asfbr-295	764	4	دارايي	دارايي	PROPN
asfbr-295	764	5	،	،	PROPN
asfbr-295	764	6	معاونت	معاونت	PROPN
asfbr-295	764	7	امور	امور	PROPN
asfbr-295	764	8	اقتصادي	اقتصادي	NOUN
asfbr-295	764	9	.	.	PUNCT
asfbr-295	765	1	طرح	طرح	NOUN
asfbr-295	765	2	تحقيقاتي	تحقيقاتي	PROPN
asfbr-295	765	3	مرحله	مرحله	PROPN
asfbr-295	765	4	اول	اول	VERB
asfbr-295	765	5	وزارت	وزارت	PROPN
asfbr-295	765	6	امور	امور	NOUN
asfbr-295	765	7	(	(	PUNCT
asfbr-295	765	8	سياستهاي	سياستهاي	VERB
asfbr-295	765	9	پولي	پولي	PROPN
asfbr-295	765	10	مناسب	مناسب	PROPN
asfbr-295	765	11	جهت	جهت	PROPN
asfbr-295	765	12	تثبيت	تثبيت	PROPN
asfbr-295	765	13	فعاليتهاي	فعاليتهاي	PROPN
asfbr-295	765	14	اقتصادي	اقتصادي	NOUN
asfbr-295	765	15	در	در	PROPN
asfbr-295	765	16	ايران،1370كميجاني	ايران،1370كميجاني	PROPN
asfbr-295	765	17	،	،	PROPN
asfbr-295	765	18	اكبر	اكبر	PROPN
asfbr-295	766	1	و	و	PROPN
asfbr-295	766	2	بيژن	بيژن	ADJ
asfbr-295	766	3	بيدآباد	بيدآباد	NOUN
asfbr-295	766	4	)	)	PUNCT
asfbr-295	766	5	اقتصادي	اقتصادي	VERB
asfbr-295	766	6	و	و	PRON
asfbr-295	766	7	دارايي	دارايي	PROPN
asfbr-295	766	8	،	،	PROPN
asfbr-295	766	9	معاونت	معاونت	PROPN
asfbr-295	766	10	امور	امور	PROPN
asfbr-295	766	11	اقتصادي	اقتصادي	NOUN
asfbr-295	766	12	.	.	PUNCT
asfbr-295	767	1	(	(	PUNCT
asfbr-295	767	2	سياستهاي	سياستهاي	VERB
asfbr-295	767	3	پولي	پولي	PROPN
asfbr-295	767	4	و	و	PRON
asfbr-295	767	5	ارزي	ارزي	VERB
asfbr-295	767	6	مناسب	مناسب	PROPN
asfbr-295	767	7	جهت	جهت	PROPN
asfbr-295	767	8	تثبيت	تثبيت	PROPN
asfbr-295	767	9	فعاليتهاي	فعاليتهاي	PROPN
asfbr-295	767	10	اقتصادي	اقتصادي	NOUN
asfbr-295	767	11	در	در	ADP
asfbr-295	767	12	ايران	ايران	PROPN
asfbr-295	767	13	،	،	PROPN
asfbr-295	767	14	طرح	طرح	PROPN
asfbr-295	767	15	تحقيقاتي	تحقيقاتي	PROPN
asfbr-295	767	16	مرحله	مرحله	PROPN
asfbr-295	767	17	دوم	دوم	PROPN
asfbr-295	767	18	،	،	PROPN
asfbr-295	767	19	وزارت	وزارت	PROPN
asfbr-295	767	20	1371كميجاني	1371كميجاني	PROPN
asfbr-295	767	21	،	،	PROPN
asfbr-295	767	22	اكبر	اكبر	PROPN
asfbr-295	767	23	و	و	PRON
asfbr-295	767	24	بيژن	بيژن	ADJ
asfbr-295	767	25	بيدآباد	بيدآباد	NOUN
asfbr-295	767	26	)	)	PUNCT
asfbr-295	767	27	.امور	.امور	PRON
asfbr-295	767	28	اقتصادي	اقتصادي	VERB
asfbr-295	768	1	و	و	PRON
asfbr-295	768	2	دارايي	دارايي	PROPN
asfbr-295	768	3	،	،	PROPN
asfbr-295	768	4	معاونت	معاونت	PROPN
asfbr-295	768	5	امور	امور	PROPN
asfbr-295	768	6	اقتصادي	اقتصادي	PROPN
asfbr-295	768	7	گذاري	گذاري	VERB
asfbr-295	768	8	براي	براي	NOUN
asfbr-295	768	9	كنترل	كنترل	PROPN
asfbr-295	768	10	تورم	تورم	NOUN
asfbr-295	768	11	در	در	PROPN
asfbr-295	768	12	ايران	ايران	PROPN
asfbr-295	768	13	،	،	PROPN
asfbr-295	768	14	ششمين	ششمين	PROPN
asfbr-295	768	15	كنفرانس	كنفرانس	ADV
asfbr-295	768	16	سياستهاي	سياستهاي	VERB
asfbr-295	768	17	پولي	پولي	PROPN
asfbr-295	768	18	و	و	PRON
asfbr-295	768	19	ارزي	ارزي	PROPN
asfbr-295	768	20	،	،	PROPN
asfbr-295	768	21	مؤسسه	مؤسسه	PROPN
asfbr-295	768	22	(	(	PUNCT
asfbr-295	768	23	سياست	سياست	PROPN
asfbr-295	768	24	هدف1376	هدف1376	PROPN
asfbr-295	768	25	،	،	PROPN
asfbr-295	768	26	محمد	محمد	PROPN
asfbr-295	768	27	جعفر	جعفر	NOUN
asfbr-295	768	28	و	و	PRON
asfbr-295	768	29	بيژن	بيژن	ADJ
asfbr-295	768	30	بيدآباد	بيدآباد	NOUN
asfbr-295	768	31	)	)	PUNCT
asfbr-295	768	32	مجرد	مجرد	PROPN
asfbr-295	768	33	تحقيقات	تحقيقات	PROPN
asfbr-295	768	34	پولي	پولي	PROPN
asfbr-295	768	35	و	و	PROPN
asfbr-295	768	36	بانكي	بانكي	PROPN
asfbr-295	768	37	،	،	PROPN
asfbr-295	768	38	بانك	بانك	PROPN
asfbr-295	768	39	مركزي	مركزي	PROPN
asfbr-295	768	40	جمهوري	جمهوري	VERB
asfbr-295	768	41	اسالمي	اسالمي	VERB
asfbr-295	768	42	ايران	ايران	NOUN
asfbr-295	768	43	.	.	PUNCT
asfbr-295	769	1	copyrights	copyright	NOUN
asfbr-295	769	2	copyright	copyright	NOUN
asfbr-295	769	3	for	for	ADP
asfbr-295	769	4	this	this	DET
asfbr-295	769	5	article	article	NOUN
asfbr-295	769	6	is	be	AUX
asfbr-295	769	7	retained	retain	VERB
asfbr-295	769	8	by	by	ADP
asfbr-295	769	9	the	the	DET
asfbr-295	769	10	author(s	author(s	PROPN
asfbr-295	769	11	)	)	PUNCT
asfbr-295	769	12	,	,	PUNCT
asfbr-295	769	13	with	with	ADP
asfbr-295	769	14	first	first	ADJ
asfbr-295	769	15	publication	publication	NOUN
asfbr-295	769	16	rights	right	NOUN
asfbr-295	769	17	granted	grant	VERB
asfbr-295	769	18	to	to	ADP
asfbr-295	769	19	the	the	DET
asfbr-295	769	20	journal	journal	NOUN
asfbr-295	769	21	.	.	PUNCT
asfbr-295	770	1	this	this	PRON
asfbr-295	770	2	is	be	AUX
asfbr-295	770	3	an	an	DET
asfbr-295	770	4	open	open	ADJ
asfbr-295	770	5	-	-	PUNCT
asfbr-295	770	6	access	access	NOUN
asfbr-295	770	7	article	article	NOUN
asfbr-295	770	8	distributed	distribute	VERB
asfbr-295	770	9	under	under	ADP
asfbr-295	770	10	the	the	DET
asfbr-295	770	11	terms	term	NOUN
asfbr-295	770	12	and	and	CCONJ
asfbr-295	770	13	conditions	condition	NOUN
asfbr-295	770	14	of	of	ADP
asfbr-295	770	15	the	the	DET
asfbr-295	770	16	creative	creative	ADJ
asfbr-295	770	17	commons	common	NOUN
asfbr-295	770	18	attribution	attribution	NOUN
asfbr-295	770	19	license	license	NOUN
asfbr-295	770	20	(	(	PUNCT
asfbr-295	770	21	http://creativecommons.org/licenses/by/4.0/	http://creativecommons.org/licenses/by/4.0/	PROPN
asfbr-295	770	22	)	)	PUNCT
asfbr-295	770	23	.	.	PUNCT