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Rafei, Meysam, Keshavarzi, Ali, Esmaeili, Parisa. (1401). The Effect of Government Fiscal Responses on the Dynamics of Macroeconomic Variables under Pandemic Disease Conditions. , (), -. doi: 10.22059/ier.2022.88415
Meysam Rafei; Ali Keshavarzi; Parisa Esmaeili. "The Effect of Government Fiscal Responses on the Dynamics of Macroeconomic Variables under Pandemic Disease Conditions". , , , 1401, -. doi: 10.22059/ier.2022.88415
Rafei, Meysam, Keshavarzi, Ali, Esmaeili, Parisa. (1401). 'The Effect of Government Fiscal Responses on the Dynamics of Macroeconomic Variables under Pandemic Disease Conditions', , (), pp. -. doi: 10.22059/ier.2022.88415
Rafei, Meysam, Keshavarzi, Ali, Esmaeili, Parisa. The Effect of Government Fiscal Responses on the Dynamics of Macroeconomic Variables under Pandemic Disease Conditions. , 1401; (): -. doi: 10.22059/ier.2022.88415

The Effect of Government Fiscal Responses on the Dynamics of Macroeconomic Variables under Pandemic Disease Conditions

Iranian Economic Review
مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 14 مرداد 1401
شناسه دیجیتال (DOI): 10.22059/ier.2022.88415
نویسندگان
Meysam Rafei1؛ Ali Keshavarzi* 2؛ Parisa Esmaeili1
1Faculty of Economics, Kharazmi University, Tehran, Iran
2Faculty of Management and Economics, Shahid Bahonar University of Kerman, Kerman, Iran.
چکیده
The pandemic nature of the Coronavirus requires effective measures. Public health measures to control the spread of the disease and support vulnerable businesses are among the most important measures in this regard. On the other hand, restrictions on movement and economic activity have created challenges in the response of governments against this pandemic, which in turn has affected the role and performance of the government. In the present study, a dynamic stochastic general equilibrium model has been used to analyze the role of government under these conditions. The results of the survey of hands-on policies scenarios compared to the state of hands-off policy indicate that the shocks of government health expenditures have caused the faster convergence of macroeconomic variables to steady state conditions. Therefore, as a proposed policy, it is recommended that the government play a stabilizing role under pandemic disease conditions.
کلیدواژه‌ها
Keywords: Pandemic Outbreak؛ Health Status؛ Bayesian Estimation؛ Dynamic Stochastic General Equilibrium. JEL Classification: E32, H30, I18, D58
آمار
تعداد مشاهده مقاله: 247


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