Pakistan Development Review, Volume 46, Issue 4, Parts 1-2Pakistan Institute of Development Economics, 2007 - Economic policy |
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Page 399
... inflation persists . So it is common to augment the standard NKPC with lagged inflation : both future and the past are relevant in determining the current inflation , see for instance , Furher and Moore ( 1995 ) ; Furher ( 1997 ) ...
... inflation persists . So it is common to augment the standard NKPC with lagged inflation : both future and the past are relevant in determining the current inflation , see for instance , Furher and Moore ( 1995 ) ; Furher ( 1997 ) ...
Page 401
... inflation adjustment equation , which is clear contradiction to what theory predicts . 18 Furher ( 1997 ) asserts that forward - looking component of inflation becomes redundant once the lagged inflation term are included in estimation ...
... inflation adjustment equation , which is clear contradiction to what theory predicts . 18 Furher ( 1997 ) asserts that forward - looking component of inflation becomes redundant once the lagged inflation term are included in estimation ...
Page 402
... inflation . We have also estimated hybrid model both with expected future inflation and lagged inflation as determinant of current inflation . It has been found that future inflationary expectations play significant role in inflation ...
... inflation . We have also estimated hybrid model both with expected future inflation and lagged inflation as determinant of current inflation . It has been found that future inflationary expectations play significant role in inflation ...
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agriculture analysis average Balochistan behaviour biogas canal capital causality climate change coefficient cointegration corruption cost crop demand developing countries distribution domestic Ecofeminism economic growth effect efficiency energy consumption environment environmental Equation estimated exchange market pressure exchange rate exports external F-statistic farm farmers finance firms fiscal foreign forest function gender globalisation Granger causality groundwater households impact important improved income increase indicates Indus River industry inequality inflation input institutions International investment IPOs irrigation Islamabad issue Journal Khan labour Lahore land long run market integration million natural resources negative NWFP output Pakistan Development Review paper percent pollution population poverty production Punjab Quantile reduce regression relationship rent seeking Research resource curse resource rents rural significant Sindh Statistics strategy sukuk sustainable Table technique trade transport tubewells unemployment unit root urban variables wage World Bank