Idrees, Muhammad; Hayat, Umar; Rădulescu, Magdalena; … - In: Journal of Risk and Financial Management 15 (2022) 2, pp. 1-25
This paper aims to construct a bi-directional, financial liberalization index for Pakistan by considering various financial policy indicators (reforms). This study, by employing the principal component analysis method over a period of 1980-2018 (39 years), aims to determine the composite outcome...