This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the relationships of monetary policy and inflation are...

The objective of this paper is to discuss the short- and long-run relationships between national savings and its monetary and fiscal determinants in Pakistan, during the period 1972-2010. In this study, monetary determinants are M2, Deposit rate, Inflation rate and fiscal determinants are budget...

The current study finds out the impact of interest rate differentials on capital market. The difference between lending rate and deposit rate has been on the growing for previous few years which affects the saving behavior and investment behavior and growth of capital market. We have estimated...

This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the relationships of monetary policy and inflation are...