Detection and Forecasting of Islamic Calendar Effects in Time Series Data: Revisited
AbstractThis paper is an attempt to revisit the pioneering work of Riazuddin and Khan (2002). A complete business cycle has been elapsed (2002-2010) since their study, so there is need to review the results with additional information. This revisited attempt, based on a theoretically specified framework, arrived at similar results and found significant impact of Islamic calendar. [WP 39]. [URL: http://www.sbp.org.pk/publications/wpapers/2011/wp39.pdf].
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Date of creation: Jul 2011
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business cycle; Islamic calneder; time series data; forecasting; detecting; Islam; religion; pakistan; theoretical; Ramadan; population; currency holdings; seasonal factors; Quantity Theory of Money (QTM); money; prices; income;
Other versions of this item:
- Bukhari, Syed Kalim Hyder & Abdul, Jalil & Rao, Nasir Hamid, 2011. "Detection and Forecasting of Islamic Calendar Effects in Time Series Data: Revisited," MPRA Paper 31124, University Library of Munich, Germany.
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
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