Showing 1 - 6 of 6
This paper attempts to look at the trends in income, money, and prices in Pakistan over the years. In addition, we also … 1970s. However, these expansions can be attributed to phenomenal expansions in prices. Real income, on the other hand …, improved marginally. Real income expanded significantly in the 1960s and remained stable till the 1980s but significantly …
Persistent link: https://www.econbiz.de/10005790412
This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …
Persistent link: https://www.econbiz.de/10005835538
This paper re-examines the causal relationship between money and income and between money and prices in Pakistan. Using …-integration analysis indicates, in general, the long run relationship among money, income, and prices. The Error Correction and Granger … Causality framework suggest a one way causation from income to money in the long run implying that probably real factors rather …
Persistent link: https://www.econbiz.de/10005836688
prices and money and real income, and that the exogeneity of money cannot be rejected for the currency in circulation in the …
Persistent link: https://www.econbiz.de/10008497660
This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …
Persistent link: https://www.econbiz.de/10005619787
the price hikes in the early 1970s. We investigate the casual relations between real money and real income, between … nominal money and nominal income, and between nominal money and prices using using the annual data set from 1959-60 to 2003 … case of income, the study finds the feed back mechanism of money, which is generally missing in the earlier studies …
Persistent link: https://www.econbiz.de/10005621505