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Information Journal Paper

Title

SIMULATION OF HETEROGENEOUS INFLATION EXPECTATIONS IN IRAN

Pages

  101-123

Abstract

 In this paper by considering importance of INFLATION expectations, its formation quality has investigated by regarding heterogeneous economic agents and by factor based computing model, expected INFLATION in Iran economy has simulated with lest forecasting error squares during 1979-2013. On the base of the assumptions, individuals have been divided into two groups with extroverted and regressive to trend expectations in which the ratio of these groups can change over time. The results show that the economic agents with extroverted INFLATIONary expectations have an important role in INFLATION durability and changing the behavioral parameters of economic agents affects INFLATION expectation. Therefore, because of the possibility of endogenous dynamism mobility in the model, it is better that Policy-makers notice to the condition of INFLATIONary expectations change in making polices.

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    APA: Copy

    ISAZADEH, SAEED, MOROVAT, HABIB, & SHARIFI, OMID. (2017). SIMULATION OF HETEROGENEOUS INFLATION EXPECTATIONS IN IRAN. ECONOMIC MODELLING, 10(4 (36)), 101-123. SID. https://sid.ir/paper/176158/en

    Vancouver: Copy

    ISAZADEH SAEED, MOROVAT HABIB, SHARIFI OMID. SIMULATION OF HETEROGENEOUS INFLATION EXPECTATIONS IN IRAN. ECONOMIC MODELLING[Internet]. 2017;10(4 (36)):101-123. Available from: https://sid.ir/paper/176158/en

    IEEE: Copy

    SAEED ISAZADEH, HABIB MOROVAT, and OMID SHARIFI, “SIMULATION OF HETEROGENEOUS INFLATION EXPECTATIONS IN IRAN,” ECONOMIC MODELLING, vol. 10, no. 4 (36), pp. 101–123, 2017, [Online]. Available: https://sid.ir/paper/176158/en

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