Monetary Policy, Business Cycles and Sectoral Response in Pakistan

The study takes a first step in investigating the monetary transmission mechanism in Pakistan at a sectoral level in relation with business cycles. The key objective of the study is to empirically investigate the impact of monetary shocks on output of major sectors. Using VAR approach on quarterly...

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Bibliographic Details
Main Authors: Muhammad Jamil, Muhammad Irfan
Format: Article
Language:English
Published: Danubius University 2016-08-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/3276/3452