Kiani, Misbah; Ahmed, Adeel; Zaman, Khalid - In: Quality & Quantity: International Journal of Methodology 49 (2015) 1, pp. 295-317
extensions in the developing countries context like Pakistan over a period of 1975–2010. The study at first finds the long … sector in Pakistan’s economy. The result shows that GNP and inflation rate both have a positive relationship with currency … in the short-run. On the basis of cointegration results, the study concludes that Pakistan’s underground economy …