THE ANALYSIS OF OIL SHOCKS EFFECTS ON RESIDENTIAL INVESTMENT DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL ON REAL BUSINESS CYCLES THEORY

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.

BAHRAMI JAVID; ASLANI PAVANEH

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

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC MODELING RESEARCH Year:2011 | Volume:- | Issue:4 Page(s): 57-82

Download Full-Text

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

Persian Verion

View:

1,363

Download:

Cites:

Information Journal Paper

Title

THE ANALYSIS OF OIL SHOCKS EFFECTS ON RESIDENTIAL INVESTMENT DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL ON REAL BUSINESS CYCLES THEORY

Author(s)

BAHRAMI JAVID | ASLANI PAVANEH | Issue Writer Certificate

Keywords

RESIDENTIAL INVESTMENTQ2

DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODELQ2

DSGEQ2

TWO-PART MODELQ2

OIL SHOCKSQ2

Abstract

This study tries to examine the way housing RESIDENTIAL INVESTMENT in Iran's urban area is influenced by the shocks of oil revenues, and for that, time series data spanning the period 1991:1-2007:4 are deployed in a Dynamic Stochastic General Equilibrium (DSGE) model including households, firms producing new residential houses, and the production of other economic firms as well as oil sector. The model is based on some simplify assumptions suitable to Iran's economy characteristics as: Iran as a small economy regarding capital flows, Oil Exports and goods imports and no price stickiness in housing sector. Moreover, the allocation of resources in the economy is determined by a central planning. The Model's solution and simulation is processed through using DYNARE as a subset of MATLAB software package. The results showed that the incidence of extreme volatility in the short behavior of housing RESIDENTIAL INVESTMENT in Iran's urban area, due to shocks of oil revenues, shocks was not Persistent and quickly disappeared. This implies that Iran's economy is suffering from Dutch Disease.

Cites

DETERMINING AN OPTIMAL TAX ON HOUSING CAPITAL COMPARED WITH NON-HOUSING CAPITAL: CASE STUDY OF IRAN

References

Cite

APA: Copy

BAHRAMI, JAVID, & ASLANI, PAVANEH. (2011). THE ANALYSIS OF OIL SHOCKS EFFECTS ON RESIDENTIAL INVESTMENT DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL ON REAL BUSINESS CYCLES THEORY. JOURNAL OF ECONOMIC MODELING RESEARCH, -(4), 57-82. SID. https://sid.ir/paper/208834/en

Vancouver: Copy

BAHRAMI JAVID, ASLANI PAVANEH. THE ANALYSIS OF OIL SHOCKS EFFECTS ON RESIDENTIAL INVESTMENT DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL ON REAL BUSINESS CYCLES THEORY. JOURNAL OF ECONOMIC MODELING RESEARCH[Internet]. 2011;-(4):57-82. Available from: https://sid.ir/paper/208834/en

IEEE: Copy

JAVID BAHRAMI, and PAVANEH ASLANI, “THE ANALYSIS OF OIL SHOCKS EFFECTS ON RESIDENTIAL INVESTMENT DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODEL ON REAL BUSINESS CYCLES THEORY,” JOURNAL OF ECONOMIC MODELING RESEARCH, vol. -, no. 4, pp. 57–82, 2011, [Online]. Available: https://sid.ir/paper/208834/en

Related Journal Papers