Effect of Central Bank Independence on Political Business Cycles in Iran: An Application of Smooth Transition Autoregressive Regression
The main purpose of this article is to investigate the effect of central bank independence on the establishment of Political Business Cycles (PBC) in Iran. For this purpose, the modified model of Shi and Svensson (2006) in the framework of the Smooth Transition Autoregressive Regression (STAR) durin...
Main Authors: | , , , |
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Format: | Article |
Language: | fas |
Published: |
Semnan University
2021-11-01
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Series: | مدلسازی اقتصادسنجی |
Subjects: | |
Online Access: | https://jem.semnan.ac.ir/article_5997_ebd96484dd21c958d7e7b51de3df4542.pdf |