Monetary Policy Transmission and Firms’ Investment: Evidence From the Manufacturing Sector of Pakistan
This study explores the effects of monetary policy on firms’ business fixed investment spending through the interest rate and broad credit channels of monetary policy transmission mechanism in Pakistan. Due to the problem of endogeneity, Generalized Method of Moments (GMM) two step estimation techni...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE Bucuresti
2017-12-01
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| Series: | Romanian Economic Journal |
| Subjects: | |
| Online Access: | http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2017-12-27/3488/1-arslan.pdf |