تأثير تأمين مالي كسري بودجه دولت توسط ماليات بر سود سپرده بانكي با استفاده از رهيافت الگوي تعادل عمومي پوياي تصادفي

The Effects of Budget Deficit Financing By imposing Desposit return Tax on selec‎ted Macroeconomic Variables: Using DSGE Method

اقتصاد

Financial stability is a crucial goal of macroeconomics, an‎d it can be compromised by financial crises like the one that happened in 2008. Budget deficits are a common form of fiscal imbalance that may lead to financial instability, an‎d there are various ways to reduce them in order to prevent financial instability. Different methods of reducing budget deficiency impose different impacts on the macroeconomic, an‎d tax revenue is one of these methods. In most countries, taxing bank deposit interest is a practical an‎d simple tax policy, an‎d it has been observed recently to have the effect of lowering the budget deficit. In this paper, with using a dynamic stochastic general equilibrium model, The possibility of taxing all types of interest on term deposits an‎d its impact on macroeconomic variables are analyzed with seasonal data from 1991 to 2021. With the imposition of 10% tax rate on bank deposits interest, has decreased of production variables, capital stock, investment, other taxes, volume of money, deposits, an‎d respectively in addition it has increased, consumption, inflation rate an‎d government expenditures. The research results show that given that the level of production has decreased due to the imposition of a tax on bank deposit interest, Therefore, to prevent this situation from occurring, a suitable platform must first be provided for the imposition of this type of tax in Iran.

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