Qadri, Faisal Sultan; Waheed, Abdul - In: Economic Modelling 42 (2014) C, pp. 66-76
The paper presents a small macro model for Pakistan economy focusing the impact of investment in human capital on the key macroeconomic variables. The demand side is modeled along the Keynesian lines while the supply side is modeled as per neoclassical theory of production. This framework allows...