This study investigates the comparative effect of fiscal and monetary policy on economic growth in Pakistan using annual time series data from 1984 to 2014. The cointegrtion result suggests that both monetary and fiscal policy have significant and positive effect on economic growth. The...

The COVID-19 pandemic and associated policy responses triggered a historically large wave of capital reallocation between markets, asset classes, and industries. Using high-frequency country-level data, we examine if and how the number of infections, the stringency of the lockdown, and the...