What is it about?
This paper analyzes the effectiveness of monetary policy on money and credit in Pakistan by using the data rich environment. FAVAR model is used which consists of 115 macroeconomic variable
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Why is it important?
To have a thorough understanding on the effects of monetary policy on money and credit in emerging economies
Perspectives
The policies should be made which provide the credit to private sector at a subsidized rate and the environment of investment should be promoted by the authorities in the country.
Dr Kashif Munir
Al Qasimia University
Read the Original
This page is a summary of: Effectiveness of Monetary Policy on Money and Credit in Pakistan, Contemporary Economics, June 2020, University of Finance and Management in Warsaw,
DOI: 10.5709/ce.1897-9254.338.
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