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
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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
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.
Dr Kashif Munir
Al Qasimia University
Read the Original
This page is a summary of: Dynamic effects of monetary policy on output and prices in Pakistan: a disaggregate analysis, Journal of the Asia Pacific Economy, July 2017, Taylor & Francis,
DOI: 10.1080/13547860.2017.1354517.
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