RT - Journal Article T1 - Intelligent Modeling of Asymmetric Effects of Monetary Shocks on Output in Iran(Neural Network Application) JF - JSE YR - 2011 JO - JSE VO - 2 IS - 4 UR - http://jemr.khu.ac.ir/article-1-167-en.html SP - 83 EP - 102 K1 - Asymmetric Effect K1 - Monetary Shocks K1 - Neural network AB - Monetary shocks are one of the control tools in economic systems. A true perception of these shocks on economic systems can lead us to a suitable policy. In this paper, the impact of monetary shocks on output in Iran has been modeled and investigated using artificial neural networks. We investigated positive and negative shocks separately and confirmed asymmetric effect of these shocks. In addition, nonlinear natures of output changes considering magnitude of shocks were obtained. Results show that optimal condition of monetary shocks to gain maximum output growth can be reached using artificial neural network. In other words, symmetric or asymmetric behavior of monetary shocks depends on economic situation in considered year or period. In addition to, investigation of monetary shocks effect (positive or negative impact) on the production changes, depending on the shock value and this shocks do not have an only particular Effect on production changes. Its can be different. LA eng UL http://jemr.khu.ac.ir/article-1-167-en.html M3 ER -