The economy of Pakistan has been facing instability and downward trends due to several factors, such as rising foreign debt and goods and services prices. The regression and ARDL models are applied by using R software. Adding lag values of variables become necessary to measure the long-run...

Evidence of the asymmetric wealth effect has important implications for investors and continues to merit research attention, not least because much of the evidence based on linear models has been refuted. Indeed, stock and house prices are influenced by economic activity and react non-linearly...