Macroeconomic Effects of Government Debt to Banks in Iran

Soheil Roudari and Yunes Salmani
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Yunes Salmani: Management and Economics Faculty, Tarbiat Modares University

Journal of Money and Economy, 2020, vol. 15, issue 4, 403-422

Abstract: In the Iranian economy, part of the government's fiscal policies and liabilities is always financed by banks. As government debt to banks increases, the private sector's access to loans and facilities is limited. It can cause undesirable macroeconomic outcomes. This study investigates the macroeconomic effects of government debt on banks

Keywords: Banks; Government Debt; Real Exchange rate; Tradable Goods; Non-Tradable Goods; SVAR. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:mbr:jmonec:v:15:y:2020:i:4:p:403-422

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