Showing 1 - 10 of 263
This paper represents shortly the contribution of the Professor Lucas in modern macroeconomics, notably famous criticism of the Keynesian models. Contribution which was worth him the Nobel prize of economy 1995.
Persistent link: https://www.econbiz.de/10005835589
For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the Michigan Survey. While these measures have been useful in developing models of forecasting inflation, the data are low frequency...
Persistent link: https://www.econbiz.de/10009647457
Economists have always been interested in the workings of the financial markets, but most of them neither seek nor get …) economists became involved in the financial markets, and what that professional involvement has entailed, in order to come up … with implications for economists who are considering working in the financial markets as well as for the universities that …
Persistent link: https://www.econbiz.de/10005616608
has played a major role in increasing Pakistan’s national income. The study fails to find the active role of money in … expansion increases inflation in Pakistan. …
Persistent link: https://www.econbiz.de/10005835538
This paper is an attempt to investigate the causal relationships among agriculture and exports in Pakistan by using …. Pakistan is among the developing countries, emphasizing to boost its exports since its inception. The major share of Pakistan … findings have significant implications on Pakistan’s economic policy as both the variables have shown strong long …
Persistent link: https://www.econbiz.de/10005835581
The study estimates the dynamic demand for money (M2) function in Pakistan by employing cointegration analysis and … interventions. It is found that the rate of inflation is an important determinant of money demand in Pakistan. The analysis reveals … preferred model is super-exogenous, it can be used for policy analysis in Pakistan. …
Persistent link: https://www.econbiz.de/10005835602
This paper attempts to investigate the linkage between the excess money supply growth and inflation in Pakistan and to …-round affects real GDP growth and at the second round it affects inflation in Pakistan. The important finding from the analysis is … that the excess money supply growth has been an important contributor to the rise in inflation in Pakistan during the study …
Persistent link: https://www.econbiz.de/10005835649
services sector of the Pakistan for the period from 1972 to 2005. We first investigated time series properties of data then … private investment in services sector in Pakistan. The preferred short-run dynamic investment function indicates that increase …
Persistent link: https://www.econbiz.de/10005835686
sector education in the four provinces of Pakistan would be useful to provide feedbacks to the provincial administrations of …
Persistent link: https://www.econbiz.de/10005835938
This paper uses the farm-level survey data to estimate the stochastic frontier production function incorporating inefficiency effects. Sufficient evidence of positive relationship between wheat productivity and higher and balanced use of fertiliser nutrients was present. The productivity showed...
Persistent link: https://www.econbiz.de/10005836036