Reviwing and Estimation of Business Cycles in Iran

In this paper, authors, reviewing business cycles nature and numerous outlooks concerning “raison de etre” there of, provide a model together with its estimated using VAR for the years 1959-2006. The results show that monetary and fiscal factors may affect economic fluctuations. It seems that fiscal...

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Bibliographic Details
Main Authors: Ebrahim Gorji, Ali Reza Eghbali
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2009-06-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Online Access:https://joer.atu.ac.ir/article_2898_be32725da538ca38bd13d6cbe71baf1a.pdf
Description
Summary:In this paper, authors, reviewing business cycles nature and numerous outlooks concerning “raison de etre” there of, provide a model together with its estimated using VAR for the years 1959-2006. The results show that monetary and fiscal factors may affect economic fluctuations. It seems that fiscal policies have been more effective in creating business cycles. Meanwhile, there are other factors, which somehow are related to economic structure of Iran, play a significant role in economic crises within Iran’s economy.
ISSN:1735-210X
2476-6453