This paper is a first attempt to measure and analyze inflation uncertainty in Pakistan. It makes several contributions … that the Friedman-Ball inflation uncertainty hypothesis holds true for Pakistan. … to the literature. In the first stage, using quarterly data from 1976:01 to 2008:02, we model inflation uncertainty as a …

This empirical study examines the effects of terms-of-trade (TOT) volatility on inflation in Pakistan, using annual … data for the period 1972 to 2012. The results show that TOT volatility has a significant negative effect on inflation in … Pakistan. This result is robust to alternative equation specifications and TOT volatility measures. Output growth has a …

for the period 1992Q4–2010Q2. Our results show that the State Bank of Pakistan reacts to changes in the inflation rate and …The objective of this study is to estimate a monetary policy reaction function for Pakistan. To do this, we use data … inflation rate above 6.4 percent is found to be more aggressive than that in low inflationary episodes. …

populations. Finally, food price inflation can lead to significant increases in Pakistani poverty levels: For Pakistan as a whole … and the most vulnerable to these price shocks are the poorest segments of society. In countries like Pakistan, the … in Pakistan. Simulated food and energy price shocks present some important results: First, the impact of food price …

The available evidence in Pakistansuggests that inflation is a monetary phenomena. This paper examines the relationship … between the determinants of inflation and its volatility by using monthly data for 1990:M1-2007:M5. The determinants of … inflation are estimated by a VAR analysis, which shows that inflation, the interest rate and money supply move together. A VAR …

-run relationship between inflation and trade openness, which confirms the existence of Romer’s hypothesis in Pakistan. … hypothesis that inflation is lower in small and open economies. The objective of this study is to examine Romer’s hypothesis in … Pakistan. For this purpose, we have used multivariate cointegration and a vector error correction model. The study covers the …

cointegration approach. The results suggest debt servicing, inflation and private investment to be negatively associated. The study … concludes positive impact of GDP growth rate, foreign direct investment, and exchange rate on private investment in Pakistan … investment to foreign direct investment, inflation rate to private investment and from private investment to exchange rate but …

The paper has twofold objectives. Firstly, the impact of the inflation rate on economic growth with the possibility of … two threshold levels for Pakistan using annual data from 1961 to 2008 is examined and secondly, nonlinear relationship … between inflation and investment has been investigated. Inflation and growth models support the existence of a nonlinear …