Scribd Logo
Upload

Welcome to Scribd!

  • Money, Income and Prices in Pakistan: A Bi-Variat and Tri-Varate Causility

    Uploaded by

    Ismith Pokhrel
    8 views13 pages
    This document examines the causal relationship between money, income, and prices in Pakistan using bi-variate and tri-variate models and data from 1971 to 2005. The authors find evidence that changes in the money supply Granger cause changes in both income and prices in Pakistan, supporting the monetarist view, while changes in income do not Granger cause changes in prices.

    Original Description:

    j

    Original Title

    MPRA Paper 4892

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document examines the causal relationship between money, income, and prices in Pakistan using bi-variate and tri-variate models and data from 1971 to 2005. The authors find evidence that changes in the money supply Granger cause changes in both income and prices in Pakistan, supporting the monetarist view, while changes in income do not Granger cause changes in prices.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views13 pages

    Money, Income and Prices in Pakistan: A Bi-Variat and Tri-Varate Causility

    Uploaded by

    Ismith Pokhrel
    This document examines the causal relationship between money, income, and prices in Pakistan using bi-variate and tri-variate models and data from 1971 to 2005. The authors find evidence that changes in the money supply Granger cause changes in both income and prices in Pakistan, supporting the monetarist view, while changes in income do not Granger cause changes in prices.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 13

    M PRA

    Munich Personal RePEc Archive

    Money, Income and Prices in Pakistan:


    A Bi-variat and Tri-varate Causility

    Kalbe Abbas and Husain Fazal

    Pakistan Institute of Development Economics, Islamabad

    April 2006

    Online at http://mpra.ub.uni-muenchen.de/4892/
    MPRA Paper No. 4892, posted 13. September 2007

    You might also like