An Exploratory Analysis of Inflation Episodes in Pakistan
This paper explores the past 50 years of data on inflation, growth rates of money and real GDP. It is found that inflation is primarily a monetary phenomena; however, the quantity theory of money does not hold in Pakistan below money supply growth rates of 9 percent. A simple monetary rule is a...
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| Autore principale: | |
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| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Lahore School of Economics
2024-07-01
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| Serie: | Lahore Journal of Economics |
| Soggetti: | |
| Accesso online: | https://journals.lahoreschool.edu.pk/LJE/LJE/article/view/256 |
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