In this paper, we compare the performance of different models, on two data frequencies, in terms of
matching the business cycle moments of Pakistani economy. Out of the four models, two are simple
r...
On 26 Jul 2017 This paper describes the results of a survey of informal-sector firms in Pakistan. Firms belong to the
informal sector mainly because of scarce financial resources. There are significant differences...
On 16 Jun 2016 This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First, using macro data, it is shown that banking spreads are countercyclical, even it i...
On 08 Feb 2012 |