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The Effects of Fiscal Policy on Macroeconomic Activities: Evidence from Iran

Naser Khiabani; mahbubeh delfan

Volume 17, Issue 67 , January 2018, , Pages 67-91

https://doi.org/10.22054/joer.2018.8564

Abstract
  This study investigates how fiscal policy shocks affect macroeconomic activities in an oil exporting economy using a real business cycle model (RBC). We make distinction between public sector of economy from private sector and evaluate the effect of public crowded- (in or out) effect on private sector. ...  Read More