Template-Type: ReDIF-Article 1.0
Author-Name: Reza Akbarian
Author-Name-First: Reza
Author-Name-Last: Akbarian
Author-Email: rakbarian@khu.ac.ir
Author-Workplace-Name: Associate Professor of Economics, Faculty of Economics, Kharazmi University,iran
Author-Name: Farhad Zand
Author-Name-First: Farhad
Author-Name-Last: Zand
Author-Email: farhad3193@yahoo.com
Author-Workplace-Name: Phd student of monetary economy,department of economy shiraz university,iran
Author-Name: Ahmad Sadraei javaheri
Author-Name-First: Ahmad
Author-Name-Last: Sadraei javaheri
Author-Email: sadraei@shirazu.ac.ir
Author-Workplace-Name: Associate Professor of Economics, Department of Economics, Faculty of Social Sciences, Management and Economics, Shiraz University, Iran
Author-Name: Hojat Parsa
Author-Name-First: Hojat
Author-Name-Last: Parsa
Author-Email: hparsa@pgu.ac.ir
Author-Workplace-Name: Associate Professor economics department of Economic Sciences, Faculty of Business and Economics, persian golf university,iran
Title: Presenting a model of the status of the cryptocurrencies and its rlationship with macro variables in Iran's economy: A Dynamic stochastic general equilibrium (DSGE)
Abstract: Many people around the world have been eager to work with this new currency since 2013 as cryptocurrencies took off, yet most people have limited information about this new technology. These days, the importance of cryptocurrency is so much that even recently the first university course has been launched as cryptocurrency. This new course is taught at the University of Nicosia, the largest university in Cyprus. Nowadays, the category of cryptocurrencies is very important for governments, and identifying the impact of cryptocurrencies fluctuations on macroeconomic variables such as consumption, production, unemployment, and monetary policies is an important issue for central banks and, accordingly, governments. The results of studies conducted in the field of cryptocurrencies and monetary shocks and their impact on macroeconomic variables show that many studies that used stochastic dynamic general equilibrium models analyzed the role of government money in the economy, in this regard, our research presents new perspectives and new evidence on the underlying mechanisms of cryptocurrency spillover effects in the economy. This research can also be a guide for investors and policy makers who are working in the central bank, and how researchers should act against the cryptocurrency ecosystem in the future.
Classification-JEL: JEL
Keywords: Deposits; loans; stochastic dynamic general equilibrium; central bank; money supply
Journal: International Journal of Resistive Economics
Pages: 1-44
Volume: 12
Issue: 1
Year: 2024
Month: January
DOI: 10.22034/oajre.2024.473056.1094
File-URL: https://www.oajre.ir/article_226899_d6e55020419d3345825dcfdd2bf086bd.pdf
File-Format: Application/pdf
File-Function: Full text
File-URL: https://www.oajre.ir/article_226899.html
File-Format: text/html
File-Function: Abstract page
Handle: RePEc:trd:journl:226899