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Analysis of the Relationship between the Business Cycle and Inflation Gap in Time-Frequency Domain

Author

Listed:
  • Taheri Bazkhaneh, Saleh

    (University of Mazandaran)

  • Ehsani, Mohammad Ali

    (University of Mazandaran)

  • Gilak Hakimabadi, Mohammad Taqi

    (University of Mazandaran)

  • Farzinvash, Asodollah

    (University of Tehran)

Abstract

Controlling the business cycle and minimizing the inflation gap are considered as two major goals for monetary policy. Hence, the policymaker will be able to make more decisive decisions with an awareness of the dynamic relationship and causal relationship between these two variables. Accordingly, the present study uses a discrete and

Suggested Citation

  • Taheri Bazkhaneh, Saleh & Ehsani, Mohammad Ali & Gilak Hakimabadi, Mohammad Taqi & Farzinvash, Asodollah, 2018. "Analysis of the Relationship between the Business Cycle and Inflation Gap in Time-Frequency Domain," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 13(3), pages 401-422, July.
    • Handle: RePEc:mbr:jmonec:v:13:y:2018:i:3:p:401-422
    as

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    References listed on IDEAS

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