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Household portfolio channel of credit shocks transmission: The Case of Iran

Hassan Heidari; ahmad molabahrami

Volume 4, Issue 2 , October 2015, , Pages 81-111

https://doi.org/10.22099/ijes.2015.4123

Abstract
  In this study, we use a Dynamic Stochastic General Equilibrium (DSGE) model to investigate the household portfolio channel of monetary and credit shocks transmission in Iran. In this regard, we developed a canonical New Keynesian DSGE model with financial and banking sectors. The model is estimated by ...  Read More