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Demand for Money By Business Sector in a Developing Country: Evidence from Pakistan
Qayyum, Abdul - Volkswirtschaftliche Fakultät, … - 1999
The paper provides estimate of money (M2) demand for business sector in Pakistan. By using cointegartion analysis and …
Persistent link: https://www.econbiz.de/10005260062
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Error Correction Model of the Demand for Money in Pakistan
Qayyum, Abdul - Volkswirtschaftliche Fakultät, … - 1998
The paper estimated dynamic demand for money (Currency) function for Pakistan. it is concluded that in the long run …
Persistent link: https://www.econbiz.de/10005260334
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Modelling the Demand for Money in Pakistan
Qayyum, Abdul - Volkswirtschaftliche Fakultät, … - 2005
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
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Demand for Real Money Balances by the Business Sector: An Econometric Investigation
Qayyum, Abdul - Volkswirtschaftliche Fakultät, … - 2000
The objective of this paper has been to estimate dynamic demand for money function for the business sector in Pakistan …
Persistent link: https://www.econbiz.de/10005836173
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Money demand function in SAARC countries
Harb, Nasri; Hussain, Mohammed Nur - In: International Journal of Economics and Business Research 7 (2014) 4, pp. 444-453
countries are Bangladesh, India, Nepal, Pakistan and Sri Lanka. The goal is to study the money demand function of those …
Persistent link: https://www.econbiz.de/10010795462
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Determinants of Money Demand in Pakistan: Disaggregated Expenditure Approach
Abdullah, Muhammad; Chani, Muhammad Irfan; Ali, Amjad - Volkswirtschaftliche Fakultät, … - 2012
The main focus of the study is to find the determinants of money demand in Pakistan. We used disaggregated expenditures … expenditures and government expenditures respectively. It is less elastic to expenditures on exports and price level in Pakistan …. Time trend plays a very significant role in determining the money demand in case of Pakistan. In the short run only one …
Persistent link: https://www.econbiz.de/10011111435
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The Role of the Exchange Rate in Inflation-Targeting Emerging Economies; Targeting Emerging Economies
Nordstrom, Anna; Roger, Scott; Stone, Mark R.; Shimizu, … - International Monetary Fund (IMF) - 2009
This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy...
Persistent link: https://www.econbiz.de/10011245907
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Can a Rule-Based Monetary Policy Framework Work in a Developing Country? the Case of Yemen
Elekdag, Selim; Ltaifa, Nabil Ben; Schneider, Todd; … - International Monetary Fund (IMF) - 2007
Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation expectations. This paper argues in favor of a new formal monetary policy...
Persistent link: https://www.econbiz.de/10005825743
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Fiscal Deficits and Inflation
Catão, Luis; Terrones, Marco - International Monetary Fund (IMF) - 2003
Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in uncovering this relationship. This paper reexamines the issue in light of broader data and a new modeling approach that incorporates two key features of the theory. Unlike...
Persistent link: https://www.econbiz.de/10005769323
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Inflation Targeting At 20; Achievements and Challenges
Roger, Scott - International Monetary Fund (IMF) - 2009
This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of "flexible" inflation targeting. The evidence...
Persistent link: https://www.econbiz.de/10008540923