political instability cause the terrorism incidence in Pakistan. However, income inequality, unemployment and trade openness … that except unemployment, all other macroeconomic indicators have unidirectional causality with terrorism incidence …. Unemployment has a bi-directional causality with the terrorism incidence in Pakistan. The results of variance decomposition …

This model analyses the interaction between inflation and the long-run levels of employment and output growth in a … equilibrium, both employment and growth are hump-shaped functions of money growth peaking at positive inflation rates. This is due … to four effects of money growth under rigidity: Erosion of its relative price through inflation and the optimal initial …