The objective of this paper is to estimate the Okun’s coefficient, and to check the validity of Okun’s law in some Asian countries, whether it is valid or not, for this purpose we have used the time series annual data during the period 1980-2006. Engle Granger (1987) co integration technique...

Aftermath the globalization and financial liberalization the purpose of monetary policy deviates from economic growth to economic stabilization. Therefore monetary authority adjusts its policy rate in response to systematic changes in macroeconomic activities and business fluctuations. The rule...

Aftermath the globalization and financial liberalization the purpose of monetary policy deviates from economic growth to economic stabilization. Therefore monetary authority adjusts its policy rate in response to systematic changes in macroeconomic activities and business fluctuations. The rule...

The purpose behind this study is to explore the relationship between expected return and risk ofportfolios. It is observed that standard CAPM is inappropriate, so we introduce higher moment inmodel. For this purpose, the study takes data of 60 listed companies of Karachi Stock Exchange100 index....

The purpose behind this study is to explore the correlation among the macroeconomics variables and share prices of KSE (Karachi Stock Exchange) in context of Pakistan. The study considers several quarterly data for different macroeconomics variables are as foreign exchange reserve, foreign...

This study has assessed the role of existing policies in determining the state of debt sustainability for the Pakistan economy (1980- June 2019) through fiscal reaction function. This study adds to the literature in two aspects. First, a policy index has been constructed to formulate a...

This study examines the sources of real exchange rate fluctuations in Pakistan and use the SVAR (Structure Vector Autoregressive) technique to analysis the impact of different macroeconomics shocks for fluctuation in real exchange rate of Pak rupee. According to Blanchard and Quah (1999), the...

The supply-leading or demand-following hypotheses are examined in this study in case of Pakistan. There are two prime objectives of this study first to check the existence of co-integration between financial development and economic growth and second the direction of causality between the two....

The primary reason of this study is to test real interest rate and its impact on investment to the extent of Pakistan span from 1964 to 2012. To test the long-term nexus among level of income, interest rate and investment mainly Johansen Cointegration test is employed. The hypothesis of this...

Fiscal imbalances are one of the common economic indicators of developing countries as these countries have a structural weakness on one hand and a strong desire to invest in capital intensive projects that speeds up the pace of development. It has been noticed that in the last couples of years...