Study and Comparison the Incidence of Dutch Disease in Iranian Economy in Two Periods of Oil Shock, M.Sc. Thesis Sharif University of Technology ; nili, Masoud (Supervisor) ; Madanizadeh, Ali (Supervisor)
Abstract
This paper studies and compares the effect of "Dutch disease" in Iranian economy in two periods of rising oil price (1973-1978) and (2004-2010). The study presents a DSGE model to analysis the behavior of economic variable in both periods and to address this question that whether or not policy maker has learning behavior. The model consists of households, final goods producers who divided in tradable goods and non-tradable goods sector and the government. I use calibration methods to estimate models parameters.Comparison of simulated results and the actual macroeconomic variables in Iran during 1338-1390 indicates that, first of all Dutch disease effect occur in both periods of oil shock so...
Cataloging briefStudy and Comparison the Incidence of Dutch Disease in Iranian Economy in Two Periods of Oil Shock, M.Sc. Thesis Sharif University of Technology ; nili, Masoud (Supervisor) ; Madanizadeh, Ali (Supervisor)
Abstract
This paper studies and compares the effect of "Dutch disease" in Iranian economy in two periods of rising oil price (1973-1978) and (2004-2010). The study presents a DSGE model to analysis the behavior of economic variable in both periods and to address this question that whether or not policy maker has learning behavior. The model consists of households, final goods producers who divided in tradable goods and non-tradable goods sector and the government. I use calibration methods to estimate models parameters.Comparison of simulated results and the actual macroeconomic variables in Iran during 1338-1390 indicates that, first of all Dutch disease effect occur in both periods of oil shock so...
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