The Impact of Government Spending on Inflation through the Inflationary Environment; Smooth Transition Regression Approach

The Impact of Government Spending on Inflation through the Inflationary Environment; Smooth Transition Regression Approach

This paper examines the nonlinear relationship between inflation and government spending using quarterly data over the period of 1990-2013, by using Smooth Transition Regression model. Our results suggest a two regime model by using inflation, government expenditure growth, GDP growth and liquidity...

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Bibliographic Details
Main Authors: Mohsen Mehr-Ara, Sajjad Barkhordari, Mohsen Behzadi Soufiani
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2016-04-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Inflation Regimes; STR Model; Nonlinear Model; Smooth transition regression
Online Access:http://joer.atu.ac.ir/article_4202_ee6f53ba6b2525327cc99fc4eb13b529.pdf

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