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Information Journal Paper

Title

INVESTIGATING THE EXISTENCE OF NEW NON-RICARDIAN REGIME POLICY IN IRAN

Pages

  737-758

Abstract

 The aim of this paper is to investigate the existence of the New RICARDIAN REGIME/fa?page=1&sort=1&ftyp=all&fgrp=all&fyrs=all" target="_blank">NON-RICARDIAN REGIME policy in Iranian economy. We detected signs of the RICARDIAN REGIME/fa?page=1&sort=1&ftyp=all&fgrp=all&fyrs=all" target="_blank">NON-RICARDIAN REGIME from quarterly data of 1369 to 1391. To investigate further a DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM model is designed to estimate the fiscal and monetary parameters using a Bayesian approach. Our results indicated a passive monetary policy and an active fiscal policy presence which are evidence of a New RICARDIAN REGIME/fa?page=1&sort=1&ftyp=all&fgrp=all&fyrs=all" target="_blank">NON-RICARDIAN REGIME. To prove the robustness of our results, criteria such as posterior odds ratio and impulse response functions are used in this research. Based on posterior odds ratio, Non-Ricardian policy has more ability to describe data than Ricardian policy. According to the impulse response function, in reaction to positive government debt shocks, Non-Ricardian policy implementation is more compatible with the behavior of the Iranian economy than the other.

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  • Cite

    APA: Copy

    MARZBAN, HUSSEIN, ZIBAEI, MANSOUR, SHAHNAZI, ROHOLLAH, & SAREM, MEHDI. (2016). INVESTIGATING THE EXISTENCE OF NEW NON-RICARDIAN REGIME POLICY IN IRAN. TAHGHIGHAT-E-EGHTESADI, 51(3), 737-758. SID. https://sid.ir/paper/11648/en

    Vancouver: Copy

    MARZBAN HUSSEIN, ZIBAEI MANSOUR, SHAHNAZI ROHOLLAH, SAREM MEHDI. INVESTIGATING THE EXISTENCE OF NEW NON-RICARDIAN REGIME POLICY IN IRAN. TAHGHIGHAT-E-EGHTESADI[Internet]. 2016;51(3):737-758. Available from: https://sid.ir/paper/11648/en

    IEEE: Copy

    HUSSEIN MARZBAN, MANSOUR ZIBAEI, ROHOLLAH SHAHNAZI, and MEHDI SAREM, “INVESTIGATING THE EXISTENCE OF NEW NON-RICARDIAN REGIME POLICY IN IRAN,” TAHGHIGHAT-E-EGHTESADI, vol. 51, no. 3, pp. 737–758, 2016, [Online]. Available: https://sid.ir/paper/11648/en

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