DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN
This study oversee the role of commercial banks of Pakistan whether effectively playing their significant role in monetary transmission. This study explores long and short-run relationships between monetary policy rate and commercial bank’s related variables and between commercial banks' relat...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Danubius University
2024-03-01
|
Series: | Acta Universitatis Danubius: Oeconomica |
Online Access: | https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2684 |
_version_ | 1797272562516885504 |
---|---|
author | Munib Badar |
author_facet | Munib Badar |
author_sort | Munib Badar |
collection | DOAJ |
description |
This study oversee the role of commercial banks of Pakistan whether effectively playing their significant role in monetary transmission. This study explores long and short-run relationships between monetary policy rate and commercial bank’s related variables and between commercial banks' related variables and macroeconomic variables. This study used quarterly data from 1998 to 2018 for the variables include central bank policy rate, Industry level data of bank deposits, bank loans and bank investments and gross domestic product. Data are collected from the official websites of the State Bank of Pakistan and tested by econometric techniques. Outcomes of this study reveal that monetary decisions influence commercial banks to some extent. However, these could not influence the economic aggregates significantly in Pakistan.
|
first_indexed | 2024-03-07T14:31:10Z |
format | Article |
id | doaj.art-8d8716c799ac49179cf854da33f0f542 |
institution | Directory Open Access Journal |
issn | 2065-0175 2067-340X |
language | English |
last_indexed | 2024-03-07T14:31:10Z |
publishDate | 2024-03-01 |
publisher | Danubius University |
record_format | Article |
series | Acta Universitatis Danubius: Oeconomica |
spelling | doaj.art-8d8716c799ac49179cf854da33f0f5422024-03-06T04:58:08ZengDanubius UniversityActa Universitatis Danubius: Oeconomica2065-01752067-340X2024-03-01201 DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN Munib Badar0Asia e University This study oversee the role of commercial banks of Pakistan whether effectively playing their significant role in monetary transmission. This study explores long and short-run relationships between monetary policy rate and commercial bank’s related variables and between commercial banks' related variables and macroeconomic variables. This study used quarterly data from 1998 to 2018 for the variables include central bank policy rate, Industry level data of bank deposits, bank loans and bank investments and gross domestic product. Data are collected from the official websites of the State Bank of Pakistan and tested by econometric techniques. Outcomes of this study reveal that monetary decisions influence commercial banks to some extent. However, these could not influence the economic aggregates significantly in Pakistan. https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2684 |
spellingShingle | Munib Badar DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN Acta Universitatis Danubius: Oeconomica |
title | DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN |
title_full | DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN |
title_fullStr | DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN |
title_full_unstemmed | DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN |
title_short | DETERMINING EFFECTIVENESS OF MONETARY TRANSMISSION THROUGH COMMERCIAL BANKS OF PAKISTAN |
title_sort | determining effectiveness of monetary transmission through commercial banks of pakistan |
url | https://dj.univ-danubius.ro/index.php/AUDOE/article/view/2684 |
work_keys_str_mv | AT munibbadar determiningeffectivenessofmonetarytransmissionthroughcommercialbanksofpakistan |