Banks Engagement in Housing Investment and its relation in Iran's Economy based on DSGE Approach
Banks as financial intermediaries play an important role in facilitating the economic cycle. The implications of the bank’s investment in the housing sector in Iran's economy, which is prone to Dutch disease, is a concern of the present study and we have designed a Keynesian dynamic stochastic general equilibrium model for it. The results of the model, which confirm the Dutch disease during a positive oil shock, suggest that banks' investment in the housing sector when production in the economy is growing and the amount of concessional facilities has increased, is a well-accepted and profitabl... Mehr ...
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Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2018 |
Reihe/Periodikum: | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān, Vol 8, Iss 29, Pp 27-67 (2018) |
Verlag/Hrsg.: |
Allameh Tabataba'i University Press
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Schlagwörter: | dsge models / dutch disease / housing sector / oil / Social Sciences / H / Energy industries. Energy policy. Fuel trade / HD9502-9502.5 |
Sprache: | per |
Permalink: | https://search.fid-benelux.de/Record/base-28577085 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | https://doi.org/10.22054/jiee.2019.9916 |