This study empirically analyzes the MPTM through bank’ balance sheet in Pakistan for the period of 2008-2018. The data set consists of 22 conventional banks and 18 Islamic banks (5 full-fledged and 13 Islamic windows of conventional banks) of Pakistan. The study employs the robust two-step...

The epidemic of COVID-19 has been emerging as a threat not only to a global health system and draining of economic resources but it is also contributing to increase the level of poverty with a fear and chaos that prevent us from making the right decision at right time. The COVID-19 has...

This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and stability of the relationship between inflation and RPV; (a) visual assessment through scatter...

This paper attempts to verify the widespread perception that general price level tends to rise due to the month of Ramadan in Pakistan. For this purpose, the ARIMA methodology (simple and extended form), along with simple graphical and scenario analysis, has been applied on the monthly data for...