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Dutch Disease Propagation Mechanism in the Iranian Economy: A DSGE approach

Author

Listed:
  • Zamanzadeh, Hamid
  • Jalali Naeini, Seyed Ahmadreza
  • Shadrokh, Mahdieh

Abstract

Oil shocks affect the Iranian economy through different channels. One important channel is the appreciation of the real exchange rate as a consequence of the occurrence of a positive oil (price) shock, generally known as the “Dutch disease”. This study presents a DSGE model for analysis of this particular effect as a distinct propagation

Suggested Citation

  • Zamanzadeh, Hamid & Jalali Naeini, Seyed Ahmadreza & Shadrokh, Mahdieh, 2014. "Dutch Disease Propagation Mechanism in the Iranian Economy: A DSGE approach," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 7(19), pages 69-101, May.
    • Handle: RePEc:mbr:jmbres:v:7:y:2014:i:19:p:69-101
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    Cited by:

    1. Mirjalili, Seyed Hossein & Karimzadeh, Salim, 2021. "Inflow and Outflow of Oil Revenues: Scenarios for National Development Fund of Iran(NDFI)," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 25(4), pages 655-676.

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