Test of Real Business Cycle Theory in Iran's economy

test of real business cycle theory in iran's economy

this paper tests the importance of real shocks as sources of fluctuations in iran’s economy. for this purpose, based on the work of boschen and mills, a set of non-monetary variables which can affect economic growth have been selected and by using an illustrative business cycle model in which the production depends on the past and current value of real shocks, the influence 01’ these variables ...

Business Cycle Features In The Iranian Economy

business cycle features in the iranian economy

Q-Theory and Real Business Cycle Analytics

A mathematical and graphical treatment of the Q-theory extension of the Basic Real Business Cycle model of Prescott indicates that several key results are robust to both investment adjustment costs and to variation in the shape of the utility function and the production function while other customary results are fragile. It also demonstrates some of the richness of general equilibrium analysis....

political economy of china in central asia

this research is about the political economy of china in central asia. in this research the political & economic interactions affected on chinas political economy in central asia are examined. chinas goal of presence in central asia including political-security, economic and energy goals is described in one part. in another part, the trade relations between china and central asian countries ar...

The Labor Market in Real Business Cycle Theory