title: A Dynamic International Sanctions-Time Model for Determining Interest Rate Defence (Case Studies: Iran and Russia)
abstract: The impact of international sanctions on interest rates as a measure to avoid the international sanctions has not received enough attention. Defensive interest rate is defined as fluctuations in interest rates due to speculation. These behaviors are more prevalent under international sanction conditions, especially in foreign exchange transactions. Thus, it is possible to pose the question of how the optimal interest rate should evolve in sanctioned economies when sanctions are being applied. In
journal: International Organisations Research Journal