Analyzing the Effect of International Sanctions and Exchange Rate Shocks on Selected Iranian Macroeconomic Variables: A New Keynesian Dynamic Stochastic General Equilibrium Model Approach

زمانی, زهرا; رفعت, منیره; بخشی, رسول

doi:10.22084/aes.2026.32415.3892

Analyzing the Effect of International Sanctions and Exchange Rate Shocks on Selected Iranian Macroeconomic Variables: A New Keynesian Dynamic Stochastic General Equilibrium Model Approach

مقالات آماده انتشار

نوع مقاله : مقاله پژوهشی

نویسندگان

زهرا زمانی

منیره رفعت

رسول بخشی

دانشگاه اصفهان

10.22084/aes.2026.32415.3892

چکیده

Economic sanctions are used as a tool in the foreign policy of some countries against other countries. Iran has been under the most severe economic sanctions for more than a decade. Countries that are targeted by economic sanctions face many issues and problems. The exchange rate is one of the important economic variables that is affected by various factors. Without a doubt, the exchange rate in each country is one of the basic indicators in determining the degree of international competitiveness and explaining the internal state of the economy of that country. Turbulence and fluctuation in the performance of this indicator, on the one hand, indicates the existence of economic imbalances and, on the other hand, becomes a factor in intensifying instability. Exchange rate fluctuations are caused by various economic shocks, including foreign sanctions or domestic policies.

an increase in the nominal exchange rate leads to an increase in the export of intermediate goods (non-oil exports), a decrease in the import of consumer goods, a decrease in the import of capital goods, a decrease in the import of intermediate inputs, and an increase in total production (GDP).

کلیدواژه‌ها

Exchange rate

economic sanctions

dynamic stochastic general equilibrium model

New Keynesian school

موضوعات