The Threshold Impact of Fiscal and Monetary Policies on Inflation: Threshold Model Approach

Mohsen Mehrara and Mohsen Behzadi Soufiani

Journal of Money and Economy, 2015, vol. 10, issue 4, 1-27

Abstract: The aim of this study is to examine the nonlinear effects of fiscal and monetary policies on inflation during 1990:3 to 2013:1 based on threshold model. First lag of the liquidity growth is recognized as threshold variable with threshold value estimated at 6.37 percent. In low liquidity growth, the results

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:10:y:2015:i:4:p:1-27

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