English Abstract: The Overlapping Generations (OLG) Model is ones of the latest prevalent macroeconomics model applied by economists on varies macro as well as monetary economics topics. In the context of macroeconomics development theories, this model belongs to economic growth theory,...

Economic growth of a country is depended on implementation of fiscal and monetary policies. Proportion of effectiveness of the fiscal and monetary policies to economy is still debatable among Keynesian and Monetary specialist. This research is proofing empirical effectiveness of fiscal and...