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The Simple Economics of Sudden Stops:Case of Pakistan

Muhammad, Ejaz (2017): The Simple Economics of Sudden Stops:Case of Pakistan.

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Abstract

This short note looks at the phenomenon of fear of floating -a term first introduced by Calvo (1998)-in case of Pakistan. The analysis shows that the phenomenon was indeed present in episode of volatile aned intermittent capital flows. This phenomenon has never been tested for Pakistan before.

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