Investigating the Business Cycles of the Iranian Economy by Considering the Effect of Financial Accelerator in the Form of a DSGE Model

Investigating the Business Cycles of the Iranian Economy by Considering the Effect of Financial Accelerator in the Form of a DSGE Model

The present study attempts to analyze the effect of the financial accelerator component on the business cycles of the Iranian economy by considering the financial friction in the process of obtaining bank loans. In addition, the inclusion of banks 'capital adequacy ratio in the model enters the...

Full description

Bibliographic Details
Main Authors: Abolfazl Garmabi, Ahmadreza Jalali-Naiini, Hossein Tavakolian
Format: Article
Language:fas
Published: Institute for Management and Planning Studies 2021-05-01
Series:برنامه‌ریزی و بودجه
Subjects:
business cycles
financial accelerator
financial friction
dsge model
bayesian estimation
Online Access:http://jpbud.ir/article-1-2007-en.html

Internet

http://jpbud.ir/article-1-2007-en.html

Similar Items