Does Dodd Frank Act Affect Macroeconomic Variables?


  • Nahid Kalbasi Anaraki Northcentral University



Financial regulations, macroeconomic outcomes, GDP growth, private investment, unemployment rate


The introduction of Dodd Frank Act has induced lots of controversy among economists on its macroeconomic outcomes; though some see it is a necessary piece of legislation, which can avoid future financial crisis, many think it is detrimental to private investment and employment. To see how the Act affect real macroeconomic variables such as GDP growth, investment, and unemployment rate, this study implements econometric models with time series data over the period of 1990-2015 to estimate how financial regulations in general and Dodd Frank Act in particular affects the above-mentioned variables. The results of this study suggest that the Act has a negative significant impact on GDP growth, private investment, and unemployment rate.    

Author Biography

Nahid Kalbasi Anaraki, Northcentral University

PhD in Economics and Adjunct professor at Northcentral University


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How to Cite

Kalbasi Anaraki, N. (2016) “Does Dodd Frank Act Affect Macroeconomic Variables?”, Journal of Global Economy, 12(2), pp. 93–100. doi: 10.1956/jge.v12i2.434.