Husain, Fazal and Mahmood, Tariq (1998): Causality between Money and Prices:Evidence from Pakistan. Published in: Pakistan Development Review , Vol. 37, No. 4 pt. II (1998): pp. 1155-1161.
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Abstract
This paper re-examines the causal relationship between money and prices in Pakistan using recent data on money and prices and taking care of time series properties. The results of the paper suggest a unidirectional causality running from money to prices. Further, it seems that the monetary expansion has a greater impact on wholesale sale prices compared to CPI.
| Item Type: | MPRA Paper |
|---|---|
| Institution: | Pakistan Institute of Development Economics |
| Original Title: | Causality between Money and Prices:Evidence from Pakistan |
| Language: | English |
| Keywords: | Money; prices |
| Subjects: | E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E30 - General E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E40 - General |
| Item ID: | 2720 |
| Depositing User: | Zafar Javed Naqvi |
| Date Deposited: | 07 Jun 2007 |
| Last Modified: | 27 Sep 2019 23:07 |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/2720 |
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