The net effects of switching from consumption taxation to inflation taxation on resource allocation and welfare crucially depend on production externalities. With elastic labor supply, raising inflation taxation decreases ...

Tourism is a multidimensional economic activity that has an interaction with the environment. On one hand, environmental resources provide the raw material for tourism, while on the other, tourism imposes a variety of ...

In this study, we use a Dynamic Stochastic General Equilibrium (DSGE) model to investigate the household portfolio channel of monetary and credit shocks transmission in Iran. In this regard, we developed a canonical New ...