Sticky Prices, Wages and Monetary Policy in the Iranian Economy
Fluctuations in fiscal policy affect monetary policy and the central bank, because the government’s general budget is highly dependent on oil prices and its fluctuations. Therefore, this paper designs a New Keynesian model for Iran with nominal rigidities (prices and wages) and analyzes the impact o...
Main Authors: | , , |
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Format: | Article |
Language: | fas |
Published: |
Tarbiat Modares University
2012-05-01
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Series: | پژوهشهای اقتصادی |
Subjects: | |
Online Access: | http://ecor.modares.ac.ir/article-18-6736-en.pdf |