The Impact of Financial Uncertainty on Monetary Policy, Inflation and Output in Iran: A Markov Jump-Linear-Quadratic (MJLQ) Approach
Using a Markov Jumping Linear Quadratic (MJLQ) method, this paper examines the impact of financial uncertainty on monetary policy in Iran in the context of a new Keynesian model. This model allows us to study the impact of financial uncertainty on inflation and output gap. We allow the economy to sw...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2016-01-01
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| Series: | فصلنامه پژوهشهای اقتصادی ایران |
| Subjects: | |
| Online Access: | https://ijer.atu.ac.ir/article_5150_3e1b5affdc45fda2666b5baad3005807.pdf |