Habib-ur-Rahman; Mohsin, Hasan M. - In: The Pakistan Development Review 50 (2011) 4, pp. 821-839
The objective of this paper is to analyse the impact of monetary policy (MP) announcements on market interest rates at different nine maturities (1/Week, 2/Week, 1/Month, 3/Months, 6/Months, 9/Months, 1/Year, 2/Years and 3/Years) in Pakistan. The Event window of 11 days and an estimation window...