This study investigates and searches for a stable money demand function for Pakistan’s economy, where monetary aggregate is considered as the nominal anchor. The stability of the money demand has been the focus of numerous debates due to evolving financial innovations and regulations. Earlier...

This study investigates and searches for a stable money demand function for Pakistan’s economy, where monetary aggregate is considered as the nominal anchor. The stability of the money demand has been the focus of numerous debates due to evolving financial innovations and regulations. Earlier...

The paper evaluates Pakistan’s experience of managing capital inflows witnessed in recent years, particularly after the 9/11 events, which had implications for the conduct of monetary policy. The State Bank of Pakistan intervened in the foreign exchange market by purchasing excess supply, with...

A structural vector autoregression (VAR) model shows that external shocks are important in driving economic fluctuations in Pakistan and their importance has increased since September 11, 2001. The primary source of external shocks is foreign remittances, while foreign output has a limited...

The purpose of this paper is to analyse the decline in private investment and formulate a comprehensive strategy to overcome this problem, which is the main cause of deceleration in the growth momentum of Pakistan’s economy. Due to lack of investor confidence, private investment has reached...

The main focus of this study is to explore the impact of trade liberalization on gender inequalities in Pakistan. The overall gender inequality based on three dimensions, including labour market, education and health facilities are analyzed in this paper using data from 1973 to 2005. Exports and...