Ramadan Effect on Price Movements: Evidence from Pakistan
Published By: SBP on eSS | Published Date: February, 19 , 2010This paper attempts to verify the widespread perception that general price level tends to rise
due to the month of Ramadan in Pakistan. For this purpose, the ARIMA methodology
(simple and extended form), along with simple graphical and scenario analysis, has been
applied on the monthly data for overall, food and non-food indices of consumer prices in
Pakistan from July 1991 to December 2008. URL:[http://www.sbp.org.pk/publications/wpapers/2010/wp32.pdf]
Author(s): Muhammad Akmal, Muhammad Usman Abbasi | Posted on: Apr 19, 2011 | Views(953) | Download (703)