results support gold as an effective hedge against inflation in Pakistan; since, the returns on gold investment exceeds its …In countries like Pakistan, where the macroeconomic situation remains uncertain and inflationary expectations always … able to provide their capital an effective hedge against inflation. Therefore, the present study aims at empirically …

The study investigates the impact of changes in terms of trade in Pakistan on its income and consumption potentials, by … employing two measures of terms of trade, namely, barter terms of trade and income terms of trade. The study examines Pakistan … Pakistan, as it ultimately reduces gross domestic product. …

expected to make inflation deviate from the future targets. This study aims at investigating this aspect of the monetary policy … for Pakistan. Using a modified version of Structural Vector Autoregression (SVAR) developed by Enders and Hurn (2007), we … to inflation variability. …