Predicting the Impact of monetary and fiscal policies on the unemployment rate in the Iranian Economy

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

RASOULI MOHAMMAD; ABRISHAMI HAMID; MEHRARA MOHSEN; ESFAHANIAN HOMA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Economic Research Year:2020 | Volume:55 | Issue:2 Page(s): 321-345

Download Full-Text

Persian Verion

View:

180

Download:

Cites:

Information Journal Paper

Title

Predicting the Impact of monetary and fiscal policies on the unemployment rate in the Iranian Economy

Author(s)

RASOULI MOHAMMAD | ABRISHAMI HAMID | MEHRARA MOHSEN | ESFAHANIAN HOMA | Issue Writer Certificate

Keywords

Unemployment

Monetary Policy

Financial Policy

TVP-FAVAR

Abstract

The literature has addressed the interaction and dual behaviors of fiscal and Monetary Policy on the labor market. Generally, if these policies are implemented in the labor market, it is not possible to have a specific outcome. In this study using the dynamic Bayesian models (TVP-FAVAR, TVP-DMA) we try to determine how these policies affect Unemployment rate for The quarterly data during the period 1991Q1-2018Q4. According to TVP-DMA results, the growth rate of government construction expenditures has been one of the most important factor that affect Unemployment rate changes significantly during 92 periods(out of 112 periods). Based on results of TVP-DMA model, fiscal policy such as Current and construction government expenditures and total tax revenues have had a greater impact on the Unemployment rate than monetary policies,changes in the monetary base and the amount of liquidity and exchange rates. The result, based on TVP-FAVAR model, reflect that all variables affecting Unemployment have positive effect on this variable in the long run. In other words, executive policies have not been able to reduce Unemployment. The time inconsistencies in the implementation of policies and lack of development in labor market infrastructure can be considered as reasons for the ineffectiveness of these variables. Clearly, the positive relationship between Unemployment rate and economic growth shows phenomenon of stagflation in the country.

Cites

No record.

References

No record.

Cite

APA: Copy

RASOULI, MOHAMMAD, ABRISHAMI, HAMID, MEHRARA, MOHSEN, & ESFAHANIAN, HOMA. (2020). Predicting the Impact of monetary and fiscal policies on the unemployment rate in the Iranian Economy. TAHGHIGHAT-E-EGHTESADI, 55(2 ), 321-345. SID. https://sid.ir/paper/1038881/en

Vancouver: Copy

RASOULI MOHAMMAD, ABRISHAMI HAMID, MEHRARA MOHSEN, ESFAHANIAN HOMA. Predicting the Impact of monetary and fiscal policies on the unemployment rate in the Iranian Economy. TAHGHIGHAT-E-EGHTESADI[Internet]. 2020;55(2 ):321-345. Available from: https://sid.ir/paper/1038881/en

IEEE: Copy

MOHAMMAD RASOULI, HAMID ABRISHAMI, MOHSEN MEHRARA, and HOMA ESFAHANIAN, “Predicting the Impact of monetary and fiscal policies on the unemployment rate in the Iranian Economy,” TAHGHIGHAT-E-EGHTESADI, vol. 55, no. 2 , pp. 321–345, 2020, [Online]. Available: https://sid.ir/paper/1038881/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops