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Endogeneity of Monetary Policy Reaction Function: An Experience from Pakistan's Economy

Author

Listed:
  • M. Aynul Hasan

    (Department of Economics, the Acadia University, Canada.)

  • Qazi Masood Ahmed

    (Applied Economics Research Centre, University of Karachi, Karachi.)

Abstract

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Suggested Citation

  • M. Aynul Hasan & Qazi Masood Ahmed, 1991. "Endogeneity of Monetary Policy Reaction Function: An Experience from Pakistan's Economy," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 30(4), pages 931-941.
    • Handle: RePEc:pid:journl:v:30:y:1991:i:4:p:931-941
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    File URL: http://www.pide.org.pk/pdf/PDR/1991/Volume4/931-941.pdf
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    References listed on IDEAS

    as
    1. NAJAM us SAQIB & ATTIYA YASMIN, 1987. "Some Econometric Evidence on the Relative Importance of Monetary and Fiscal Policy in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 26(4), pages 541-551.
    2. Stephen M. Goldfeld & Alan S. Blinder, 1972. "Some Implications of Endogenous Stabilization Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 3(3), pages 585-644.
    3. Thomas Havrilesky, 1967. "A Test of Monetary Policy Action," Journal of Political Economy, University of Chicago Press, vol. 75(3), pages 299-299.
    4. Froyen, Richard T., 1974. "A test of the endogeneity of monetary policy," Journal of Econometrics, Elsevier, vol. 2(2), pages 175-188, July.
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    Cited by:

    1. Khan, Abdul Aleem & Ahmed, Qazi Masood & Hyder, Kalim, 2007. "Determinants oF Recent Inflation in Pakistan," MPRA Paper 16254, University Library of Munich, Germany, revised 2007.

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