Studies of microfinance have hitherto focused upon rural poverty, despite the better production and marketing facilities of urban areas and the higher consumption capacity of urban populations. Since the nature and extent of urban poverty is somewhat similar to rural poverty, and since the urban...

The aim of the present study is to analyze empirically the significance of the monetarist explanation of inflation in Pakistan. After testing the data for stationarity, the method of least squares is used. Regression analysis shows slight effects of money supply on inflation while, by contrast,...