Simultaneous Impact of Deep Habits Consumption and Price Stickiness on the Transmission of Monetary and Fiscal Shocks using the MS-DSGE Model

The role of deep hapbit in countercyclical behavior of mark-up and its impact on the transmission of monetary and fiscal shocks have already been studied, but its strength in the presence of Philips curve with price stickiness is not clear. The purpose of this study is to develop a New Keynesian Phi...

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Bibliographic Details
Main Authors: Narmin Davoudi, Hassan Heidari
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2021-06-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_13782_db68c66fceaedeea1fc76caf00004b15.pdf