The Asymmetric Impact of Monetary Policy and Banking Credits on Business Cycles in Iran: A Threshold VAR Approach
This paper using a threshold vector autoregressive examines the asymmetric impacts of monetary policy and banking credits on business cycles in Iran. In this paper the output gap is defined as transmission variable between two regimes and the Hodric-Prescott is estimated and its stationary is confir...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Semnan University
2017-03-01
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| Series: | مدلسازی اقتصادسنجی |
| Subjects: | |
| Online Access: | https://jem.semnan.ac.ir/article_2877_f2acd907509f0e723a556ab9dd392dae.pdf |