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Browsing by Subject "Stability"

Browsing by Subject "Stability"

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  • Does Stability Preclude Contractionary Devaluation? 
    Syed Zahid Ali (© Lahore Schoool of Economics, 2004-12)
    In this paper we attempt to assess the relevance of correspondence principle in determining the possible effects of currency devaluation on balance of payments and employment. We developed a model in line with Buffie ...
  • On the (Ir)Relevance of Monetary Aggregate Targeting in Pakistan An Eclectic View 
    Adnan Haider; Asad Jan; Kalim Hyder (© Lahore School of Economics, 2013-12)
    This study attempts to identify a stable money demand function for Pakistan’s economy, where the monetary aggregate is considered the nominal anchor. With evolving financial innovations and regulations, the stability of ...