Analysis of the impact of monetary policy on the distribution of real income in Iran's economy
Subject Areas : Bi-quarterly Journal of development economics and planning
fojan tadayon
1
,
H. Sharifi-Renani
2
1 - Department of Economics, Islamic Azad University(Isfahan )،,Khorasgan
2 - . Islamic Azad University, Khorasgan Branch (Isfahan)
Keywords: Economic Growth, Monetary Policy, inflation, Income distribution,
Abstract :
One of the main goals of government policies in any economic system is to improve income distribution.On the other hand, the type of policy and monetary policy tools used by the Islamic government should be in line with the direction of the society towards a balance in the level of living, income and wealth.In this research, in order to investigate the impact of monetary policy on the income distribution of Iran, the ARDL method and the latest available data during the period of 1401-1379 have been used.The results of the estimates showed that the improvement in the income distribution index in Iran's economy is a long-term process And expansionary monetary policies in Iran during the studied period led to inequality in the income distribution index.On the other hand, the results show that the expansionary monetary policy has less effect on the economy in the short term, but in the long term, this effect becomes larger and reduces income equality to a greater extent. Also, the increase in economic growth caused an increase in the distribution index, which was caused by high inflation in this period in Iran's economy.
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