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FINANCIAL DEVELOPMENT AND INCOME INEQUALITY IN PAKISTAN: AN APPLICATION OF ARDL APPROACH

Shahbaz, Muhammad; Islam, Faridul - In: Journal of Economic Development 36 (2011) 1, pp. 35-58

Greenwood and Jovianvich (GJ) hypothesis applies to Pakistan. Using data from 1971 to 2005, the paper implements the Auto … aimed at developing a well-organized financial sector in Pakistan can help reduce income inequality. …

Persistent link: https://www.econbiz.de/10009350214

Inflation and Financial Sector Correlation: The Case of Bangladesh

Wahid, Abu N. M.; Shahbaz, Muhammad; Azim, Pervaz - In: International Journal of Economics and Financial Issues 1 (2011) 4, pp. 145-152

This paper examines the impact of inflation on financial development in case of Bangladesh for the period of 1985-2005. In doing so, ARDL bounds testing approach and Error Correction Method (ECM) have been employed. Empirical findings reveal that high trends of inflation impede the performance...

Persistent link: https://www.econbiz.de/10009318175