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The objective of this paper is to discuss the short- and long-run relationships between national savings and its monetary and fiscal determinants in Pakistan, during the period 1972-2010. In this study, monetary determinants are M2, Deposit rate, Inflation rate and fiscal determinants are budget...
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Present work is an attempt to explore intersperse of fiscal decentralization and public investment in Pakistan. The study used a time series data from 1972 to 2013 and Johansen cointegration procedure is used for empirical investigation. It is reported that in the long run, fiscal autonomy to...
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This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the relationships of monetary policy and inflation are...
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