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Money, Income, Prices, and Causality in Pakistan: A Trivariate Analysis

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  • Fazal Hussain
  • Kalbe Abbas

Abstract

The report says that there has been a long debate in economics regarding the role of money in an economy particularly in the determination of income and prices.

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  • Fazal Hussain & Kalbe Abbas, 2018. "Money, Income, Prices, and Causality in Pakistan: A Trivariate Analysis," Working Papers id:12654, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:12654
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    References listed on IDEAS

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    1. Schwert, G. William, 1987. "Effects of model specification on tests for unit roots in macroeconomic data," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 73-103, July.
    2. Brillembourg, Arturo & Khan, Mohsin S, 1979. "The Relationship between Money, Income, and Prices: Has Money Mattered Historically? A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 358-365, August.
    3. Kalbe Abbas, 1991. "Causality Test between Money and Income: A Case Study of Selected Developing Asian Countries (1960-1988)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 30(4), pages 919-929.
    4. Sims, Christopher A, 1972. "Money, Income, and Causality," American Economic Review, American Economic Association, vol. 62(4), pages 540-552, September.
    5. James R. Barth & James T. Bennett, 1974. "The Role of Money in the Canadian Economy: An Empirical Test," Canadian Journal of Economics, Canadian Economics Association, vol. 7(2), pages 306-311, May.
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    Cited by:

    1. João Tovar Jalles, 2019. "Monetary Aggregates and Macroeconomic Performance: The Portuguese Escudo, 1911–1999," International Economic Journal, Taylor & Francis Journals, vol. 33(4), pages 719-740, October.
    2. Adeniji Sesan Oluseyi & Timilehin John Olasehinde & Gamaliel O. Eweke, 2017. "The Impact of Money Supply on Nigeria Economy: A Comparison of Mixed Data Sampling (MIDAS) and ARDL Approach," EuroEconomica, Danubius University of Galati, issue 2(36), pages 123-134, November.
    3. Naved Ahmad & Fareed Ahmed, 2006. "The Long-run and Short-run Endogeneity of Money Supply in Pakistan: An Empirical Investigation," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 2, pages 267-278..
    4. Al-Habashneh Fedel Mayuf, 2022. "The Narrow and Expanded Money Supply and Its Impact on Interest Rate and Product of the Private Sector in Jordan during the Period (1990–2019)," Foundations of Management, Sciendo, vol. 14(1), pages 143-154, January.
    5. Hussain, Karrar, 2009. "Causal Ordering Between Inflation and Productivity of Labor and Capital: An Empirical Approach for Pakistan," MPRA Paper 16486, University Library of Munich, Germany.
    6. Maha Mohamed Alsebai Mohamed & Pingfeng Liu & Guihua Nie, 2022. "Causality between Technological Innovation and Economic Growth: Evidence from the Economies of Developing Countries," Sustainability, MDPI, vol. 14(6), pages 1-39, March.
    7. Nadeem Ul Haque & Musleh-ud Din & Lubna Hasan, 2007. "Research at PIDE: Key Messages," PIDE Books, Pakistan Institute of Development Economics, number 2007:2, December.

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