Malik, Wasim Shahid; Ahmed, Ather Maqsood - Pakistan Institute of Development Economics - 2007
fact, the actual policy can be taken as an extreme deviation from it. On the other hand, counterfactual simulation confirms … from it. On
the other hand, counterfactual simulation confirms that macroeconomic
performance can be improved, in terms …, Macroeconomic Performance, Counterfactual
Simulation
1. INTRODUCTION
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The most agreed upon proposition in the …