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Cyclical Fiscal Policy in Iran: the Role of Various Government Expenditures and Influential Factors

Author

Listed:
  • Aghilifar, Hossein

    (Islamic Azad University, Shiraz Branch)

  • Piraei, Khosrow

    (Islamic Azad University, Shiraz Branch)

  • Zare, Hashem

    (Islamic Azad University, Shiraz Branch)

  • Ebrahimi, Mehrzad

    (Islamic Azad University, Shiraz Branch)

Abstract

Government expenditures as an important component of fiscal policy can play an important role in macroeconomic stabilization. Taking cyclical features and behaviors of various types of government expenditures into account, ameliorates the effectiveness of fiscal policy in confronting with economic shocks. This research tries to evaluate the cyclical features of

Suggested Citation

  • Aghilifar, Hossein & Piraei, Khosrow & Zare, Hashem & Ebrahimi, Mehrzad, 2022. "Cyclical Fiscal Policy in Iran: the Role of Various Government Expenditures and Influential Factors," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 15(53), pages 475-503, December.
    • Handle: RePEc:mbr:jmbres:v:15:y:2022:i:53:p:475-503
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