Monetary Transmission Mechanism in Pakistan: Credit Channel or Interest Rate Channel
This study uses vector autoregressive approach to estimate the relative importance of credit and interest rate channels in the monetary transmission mechanism of Pakistan by covering the period from 1991-Q3 to 2012-Q2. The purpose of the study is to explore the role played by monetary policy shocks...
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| Format: | Article |
| Language: | English |
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Shaheed Zulfikar Ali Bhutto Institute of Science and Technology
2014-12-01
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| Series: | JISR Management and Social Sciences & Economics |
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| Online Access: | https://jisrmsse.szabist.edu.pk/index.php/szabist/article/view/177 |