The effect of optimal monetary policy on liquidity and inequality of income distribution

In recent years, due to the existence of severe sanctions and obstacles governing the sale of oil, it has led to an increase in the exchange rate, and on the other hand, the decrease in foreign exchange resources has led to a decrease in the government's income, and the limitation of the income caused by the financial policies of the government is sufficient to cover the expenses of the government. does not give and as a result the budget deficit has caused many problems in the government's economic system. So far, no comprehensive research has been done in the field of developing the optimal model of monetary policies for liquidity and income distribution. Thus, in this article, we try to investigate the effects of optimal monetary policy on these variables and close the existing research gap. Based on this, the main goal of this research is to investigate the effect of optimal monetary policy on liquidity and inequality of income distribution.

The current research method is practical. The period of the current research was 1357 to 1398. To estimate the model, the self-regression econometric model with distributed interruptions or ARDL was used in Microfit 5 software space.

Optimal monetary policies have a positive and significant effect on the adjustment of liquidity volume. Optimal monetary policies have a positive and significant effect on income equality.

Based on the results of the model, the liquidity situation and income inequality have worsened during the period under review, as a result, the monetary policy in the country did not have the necessary efficiency.