Samimi, Ahmad Jafari; Roshan, Yosof Essazadeh - In: Iranian Economic Review 17 (2012) 1, pp. 123-145
In this paper, we investigate empirically the effect of Information and Communication Technologies (ICT) and monetary shocks as sources of business cycle in the economy of Iran. We follow of Gali's (1999) who proposes identifying technology shocks by a bivariate structural vector auto regression...