ابراهیم حیدری

Analyzing the effects of oil price fluctuations on the macroeconomic variables is one of interesting titles for economists in the oil exporting countries. This study is devoted to analyzing the effect of oil price volatilities on the employment in various energy intensive industries in the 1374-1386 periods and concerned the effects of monetary policy variables and investment. In this study, big industrial firms (with more than 10 labor force) through this period, divided into four categories including whole industry, industries with high energy intensive, industries with mediate energy intensive and with low intensive. Data used is in a panel form and related to 23 industries with various energy intensive and estimated with an SVAR model and the effects of above variables on the employment in both short and long run has tested in each of these industries. The results show that oil price volatilities and monetary policy has not significant effect on the employment. Moreover, results show that investment has positive and significant effect on the employment in short and long run.