Monetary economics
Zohreh Esksndaripour; Marziyeh Esfandiari; Nazar Dahmardeh; Mohammad Hasan Fotros
Abstract
The role and importance of the banking system as the primary source of financing for businesses is necessary to investigate the factors affecting the profitability of this sector. Therefore, this research uses a computable general equilibrium model (RDCGE), the effect of exchange rate shock, crude oil ...
Read More
The role and importance of the banking system as the primary source of financing for businesses is necessary to investigate the factors affecting the profitability of this sector. Therefore, this research uses a computable general equilibrium model (RDCGE), the effect of exchange rate shock, crude oil price, stock price index, and government budget on Iran's banking system profitability. For this purpose, the social accounting matrix (SAM) of 2011 and the Input-Output table of 2016 were used to analyze the twelve design scenarios and the profitability of the banking system in response to shocks 2, 5, and 10 percent in the exchange rate, crude oil price, stock price index, and government budget are evaluated. The findings reveal that the exchange rate and crude oil prices negatively affect banking system profitability, while the total stock price index and government budget have positive effects. The funding comparison shows that in different scenarios, the shocks of the exchange rate, oil price, stock market, and government budget, respectively have the most effect on bank profitability. thus , appropriate use of the national development fund and government support for the stock market are effective for reducing exchange rate shock and crude oil prices and controlling the consequences of these shocks .
Public Economics
Naser Olfati; Mahbubeh Delfan; Mohamad Alizadeh; Sohrab Delangizan
Abstract
the purpose of this study is to investigate the effects and consequences of financial policy instruments on macroeconomic variables according to their usage .in order to provide a comprehensive analysis of the above - mentioned works , a dynamic open dynamic general equilibrium model with respect to ...
Read More
the purpose of this study is to investigate the effects and consequences of financial policy instruments on macroeconomic variables according to their usage .in order to provide a comprehensive analysis of the above - mentioned works , a dynamic open dynamic general equilibrium model with respect to the household , agency , government , and central bank is designed to fit the characteristics of iranian economy in which households are considered as two categories : Ricardo and nonRicardo .in the financial sector , government expenditures have been divided into three parts : cost of goods , public goods and construction costs and also government tax revenues as financial instruments are divided into three categories : tax rate tax rate , tax rate and tax rate on capital .the structural parameters of the model were estimated using seasonal data of 1399 - 1383 .the results of the model simulation show that the increase of a tax rate in order to finance government expenditures depends on the nature of government spending ( current or construction ) and the goal of nonpolitician so that if the goal is to provide the current expenditure and the government is willing to reduce the consumption and production costs , then it is necessary to increase the rate of tax on consumption or the rate of tax on investment .
