List of Articles Economic shocks

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  1 - the Influence of the Effective Shocks on Economic Growth in Iran with the Emphasis on Institutional Variables
  Samin Sobhi Morteza Sameti Sara Ghobadi Majid Sameti
  10.30495/eco.2021.1908749.2415
  Early economists have cited economic freedom as the basis for economic growth, and later economists have emphasized the role of inclusive political and economic institutions in creating and sustaining economic growth. The relationship between these two perspectives goes More

  Early economists have cited economic freedom as the basis for economic growth, and later economists have emphasized the role of inclusive political and economic institutions in creating and sustaining economic growth. The relationship between these two perspectives goes to the concept that the economic freedom shapes by economic institutions. Proper institutional of countries not only contributes to the growth and prosperity of their economies, but can also increase the power of countries in the face of economic shocks. Identifying the institutions’ situation of countries can help to adopt appropriate policies by governments and the private sector. In this study, by generalizing a structural model of Iran's economy as it includes the endogenous institutional function, attempt to measure the effects of effective shocks on the macroeconomic structure of the country with emphasis on institutional variables. The results show that the increase in oil shock has had a positive effect on the country's economic growth and institutions. This study had done for the period 1349-1399 by using GMM and Svar methods. The result of estimating the structural model shows that improvement of the institutional environment has affected most of the important variables of the Iran's economy, so improving the quality of institutions leads to increase in national product and reduces liquidity. Also, damaging institutional factors is related with increase in government size and inflation. Most of the impulses considered in the study had a significant effect on economic growth and institutional status of the country. Manuscript profile
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  2 - Inflation Behavior of Tradable and Non-Tradable Dynamic Stochastic General Equilibrium (DSGE) Approach
  javid bahrami Behnoosh sadat Aghayan esfandiar jahangard
  Abstract The purpose of this paper is to study the factors affecting Tradable and Non-tradable inflation. Accordingly, Dynamic stochastic General Equilibrium model was used during the period 1991 to 2016. The results of the Impulse Response Functions (IRF) indicate tha More

  Abstract The purpose of this paper is to study the factors affecting Tradable and Non-tradable inflation. Accordingly, Dynamic stochastic General Equilibrium model was used during the period 1991 to 2016. The results of the Impulse Response Functions (IRF) indicate that non-tradable inflation is more responsive as a result of shocks. Monetary shock has had the greatest impact on non-tradable inflation, while Exchange rate and monetary shock have the greatest impact on tradable inflation in terms of initial effect and durability respectively. Based on the results, policy makers' attention to the components of inflation is suggested when economic decisions are made. Manuscript profile