Purpose This paper aims to investigate whether negative and positive monetary policy (MP)
shocks have asymmetric impacts on corporate firms' investment decisions in Pakistan using …

This paper estimates a small open economy Dynamic Stochastic General Equilibrium
(DSGE) model for Pakistan using Bayesian simulation approach. Model setup is based on …

Sažetak For the quarterly data of 10 Asian economies, ranging from the first quarter of 1991
to ast quarter of 2012, we model inflation volatility as a time varying process through different …

This paper is a first attempt to measure and analyze inflation uncertainty in Pakistan. It
makes several contributions to the literature. In the first stage, using quarterly data from …

The goals of monetary policy remained same throughout the history of central banks
irrespective of any regime, that is, stable prices without hurting the economic growth of the …

This study estimates the monetary policy reaction function (MPRF) in a Dynamic Stochastic
General Equilibrium (DSGE) framework using Bayesian analysis for the emerging …

The Taylor rule (1993) focuses only on two objectives: output and inflation. In practice, the
central banks loss function (especially in develo** countries) contains objectives other …

The objective of this paper is to assess the conditions for inflation targeting in Pakistan. The
recent inflationary surge in Pakistan calls for rethinking monetary policy afresh. This paper …

This paper presented the salient features of current Monetary Policy and its effectiveness to
control inflation in Pakistan. The monetary authority was successful in controlling inflation …

The objective of this study is to estimate a monetary policy reaction function for Pakistan. To
do this, we use data for the period 1992Q4–2010Q2. Our results show that the State Bank of …