Understanding sectoral dynamic dependence across equity indexes is crucial for investment decisions and designing economic policy. This study examines the sectoral dependence among 82 Pakistani companies using a vine copula approach and daily data from July 1, 2014, to December 17, 2019. Vine...

The purpose of this research is to investigate causal relationship between economic growth and major indicators of financial crisis - inflation rate, interest rate and the volume of foreign debt - in Pakistan. This study also highlights the stability of the relationship between indicators of...