Dynamic effects of monetary policy on output and prices in Pakistan: a disaggregate analysis

  • Kashif Munir
  • Journal of the Asia Pacific Economy, July 2017, Taylor & Francis
  • DOI: 10.1080/13547860.2017.1354517

Dynamic effects of monetary policy on output and prices

What is it about?

This paper examines the effects of monetary policy on output and prices in Pakistan at disaggregate level using a data rich environment

Why is it important?

This study investigate the effects of monetary policy on output and prices at disaggregate level, while the level of disaggregation isl extended to different components and sub-components of output and prices.

Perspectives

Dr Kashif Munir
University of Central Punjab

Interest rate negatively influences prices, it is a good instrument for controlling inflation in Pakistan as well as monetary policy has real effects (output) in the short run, it should be formulated by considering all other consequences too.

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http://dx.doi.org/10.1080/13547860.2017.1354517

The following have contributed to this page: Dr Kashif Munir