The Effect of Monetary and Fiscal Policies on Iran's Economy in the Situation of Economic Downturn

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.

FARAJZADEH ZAHRA; NAGHIBI MOHAMMAD

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

Journal Paper

Paper Information

Journal: IRANIAN JOURNAL OF APPLIED ECONOMICS Year:2018 | Volume:8 | Issue:24 Page(s): 39-48

Download Full-Text

Persian Verion

View:

1,218

Download:

Cites:

Information Journal Paper

Title

The Effect of Monetary and Fiscal Policies on Iran's Economy in the Situation of Economic Downturn

Author(s)

FARAJZADEH ZAHRA | NAGHIBI MOHAMMAD | Issue Writer Certificate

Keywords

monetary policyQ2

financial policyQ2

economic downturnQ1

ARDL econometrics methodQ1

Abstract

The applied policies by the government and also other executive departments has been important and as an influential variable during the economic downturn. So the need to pay attention to these policies and its impact on economic variable made us to investigate the impact of monetary and financial policies on the country's economy during the period of economic downturn. The statistical population of this study is all macroeconomic data of the country and its sample case includes also the macroeconomic data of Iran in the years 1972-2015. In order to assess the impact of monetary and financial policies on the country's economy in the context of stagnant periods, we evaluate the research model by ARDL method. Also, the years of recession in this research are calculated based on the Hodrick Prescott filtering method. The results of the study indicate the significant and positive effect of financial policy and negative and significant effect of monetary policy on economic growth during the period of downturn. Accordingly one can claim that the application of financial policies and the control of monetary policies can increase the amount of production in society and reduce the unemployment rate. Also private sector investment variables and oil revenue have a positive and significant effect on production and economic growth during the downturn period which is consistent with theoretical foundations of research.

Cites

No record.

References

No record.

Cite

APA: Copy

FARAJZADEH, ZAHRA, & NAGHIBI, MOHAMMAD. (2018). The Effect of Monetary and Fiscal Policies on Iran's Economy in the Situation of Economic Downturn. IRANIAN JOURNAL OF APPLIED ECONOMICS, 8(24 ), 39-48. SID. https://sid.ir/paper/202016/en

Vancouver: Copy

FARAJZADEH ZAHRA, NAGHIBI MOHAMMAD. The Effect of Monetary and Fiscal Policies on Iran's Economy in the Situation of Economic Downturn. IRANIAN JOURNAL OF APPLIED ECONOMICS[Internet]. 2018;8(24 ):39-48. Available from: https://sid.ir/paper/202016/en

IEEE: Copy

ZAHRA FARAJZADEH, and MOHAMMAD NAGHIBI, “The Effect of Monetary and Fiscal Policies on Iran's Economy in the Situation of Economic Downturn,” IRANIAN JOURNAL OF APPLIED ECONOMICS, vol. 8, no. 24 , pp. 39–48, 2018, [Online]. Available: https://sid.ir/paper/202016/en

Related Journal Papers