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The influence of monetary policy upon real output and the inflation rate is well established. The influence is exercised through the transmission mechanism of monetary policy. This study has examined the pass-through of Treasury Bill rate to money market rate (Call Money rate), Banks’ Deposit...
Persistent link: https://www.econbiz.de/10005836213
This study estimates the demand for bank lending by the private business sector in Pakistan. For the purpose of … determinant of the demand for bank credit in Pakistan, implying that to achieve the objective of monetary policy the behaviour of … demand and lower output. That is what has happened in Pakistan in the last decade. …
Persistent link: https://www.econbiz.de/10005619503