karimi, gholamreza

[ 1 ] - The Study of the role of the banking industry in an open economy via Dynamic Stochastic General Equilibrium model

In this paper we use a separate production function( Cobb-Douglas) for banking industry and investigate the effect of banking sector’s performance on macroeconomic variable , like production ,interest rate spread , loan and deposit interest rate, investment, consume, employment and….. . like a lot of developing countries , who don’t have enough resources for investment, in this model we suppose...