Javid, Attiya Y.; Arif, Umaima; Sattar, Abdul - In: The Pakistan Development Review 47 (2008) 4, pp. 763-778
The study tests the fiscal theory of price determination for Pakistan’s economy for the period 1970 to 2007. The evidence is less clear cut to infer that authorities are following a certain type of regime fiscal dominant or monetary dominant during the sample period. The liabilities responses...