University of Tabriz Applied Theories of Economics 2423-6586 3 3 2016 10 22 Investigation of Convergence of Returns in Asset Markets in Iran Investigation of Convergence of Returns in Asset Markets in Iran 115 132 5438 FA Mohsen Pourebadollahan Covich Associate Professor of Economics, University of Tabriz Hossein Asgharpur Associate Professor of Economics, University of Tabriz Sara Masoomzadeh MA in Economics, University of Tabriz Journal Article 2016 11 12 Due to the nature of the assets in Iran, markets such as exchange rate, gold, housing and stock are options facing investors as asset portfolio, although each of them has different returns. Usually, investors are looking for higher returns and focus of investors on markets with higher returns may reduce returns of this kind of markets in the long run. This can be named as returns convergence of different asset markets. This study aims to also examine the returns convergence of dollar, euro, coins, housing and stock markets in Iran over the period 2002:05-2016:02, using Nahar and Inder method and convergence Measurement of each market`s returns to the average returns of them. Based on the results, the returns convergence of housing market was not significantly meaningful. Also, there was no evidence of convergence in the returns of other studied markets. Due to the nature of the assets in Iran, markets such as exchange rate, gold, housing and stock are options facing investors as asset portfolio, although each of them has different returns. Usually, investors are looking for higher returns and focus of investors on markets with higher returns may reduce returns of this kind of markets in the long run. This can be named as returns convergence of different asset markets. This study aims to also examine the returns convergence of dollar, euro, coins, housing and stock markets in Iran over the period 2002:05-2016:02, using Nahar and Inder method and convergence Measurement of each market`s returns to the average returns of them. Based on the results, the returns convergence of housing market was not significantly meaningful. Also, there was no evidence of convergence in the returns of other studied markets. https://ecoj.tabrizu.ac.ir/article_5438_2a3208945a3b350ab0e4a09da34b5aed.pdf