Identifying social factors affecting inflation and exchange rate fluctuations

Document Type : Original Article

Authors

1 PhD student in Sociology, Department of Social Issues, Dehaghan Branch, Islamic Azad University, Dehaghan, Iran

2 Assistant Professor, Department of Social Issues, Dehaghan Branch, Islamic Azad University, Dehaghan, Iran

3 Associate Professor, Department of Social Issues, Dehaghan Branch, Islamic Azad University, Dehaghan, Iran.

Abstract

The purpose of this research is to identify social factors affecting inflation and exchange rate fluctuations. According to the existing objectives, the current research is of the type of applied research and the type of research is based on the qualitative-quantitative paradigm used to collect information and survey data. The statistical population in the first stage of the research is experts, and the sample size of the research in this section is after 20 people. In the second part of the research, the statistical population is all the citizens who have played a greater role in the exchange and purchase of goods in the society (such as market traders, household heads, etc.). The sample size in this section was estimated to be 396 people based on Cochran's formula. The research tool is a semi-structured interview and a researcher-made questionnaire. After conducting exploratory factor analysis, the number of research questions was reduced to 54 questions. The sampling method in this dissertation is the multi-stage cluster sampling method. In the exploratory findings of research 3, the effects of inflation and currency price fluctuations were identified. And the confirmatory factor analysis results show that the effect of 3 variables; Institutional trust, psychological security and social capital are significant on citizens' inflationary actions. Therefore, these 3 research hypotheses are accepted. According to the findings of the research, it can be concluded that social factors also have a significant impact on inflation and exchange rate fluctuations, which unfortunately are neglected in research and government planning.

Keywords