The Growth and Employment Impacts of the 2008 Global Financial Crisis on Pakistan

dc.contributor.author	Mirajul Haq
dc.contributor.author	Karim Khan
dc.contributor.author	Ayesha Parveen
dc.date.accessioned	2015-03-16T06:03:25Z
dc.date.available	2015-03-16T06:03:25Z
dc.date.issued	2014-12
dc.identifier.citation	The Lahore Journal of Economics Volume 19, No.2	en_US
dc.identifier.issn	1811-5438
dc.identifier.uri	http://hdl.handle.net/123456789/8365
dc.identifier.uri	http://www.lahoreschoolofeconomics.edu.pk/
dc.identifier.uri	http://hdl.handle.net/123456789/13726
dc.description	PP.26; ill JEL classification: C51, C43, O4, O16.	en_US
dc.description.abstract	This study examines the impact of the 2008 global financial crisis on economic growth and employment in Pakistan. We conduct a time series analysis of quarterly data for 1997–2011, applying the autoregressive distributed lag bounds-testing approach and an unrestricted error correction model. Our analysis suggests that the impact of the crisis was transmitted primarily through two channels—the financial sector and trade—with a corresponding negative effect on economic growth and employment. Of the two channels, the magnitude of the trade effect is larger than that of the financial sector.	en_US
dc.language.iso	en	en_US
dc.publisher	© Lahore School of Economics	en_US
dc.subject	Financial crisis	en_US
dc.subject	financial stress	en_US
dc.subject	economic growth	en_US
dc.subject	cointegration	en_US
dc.title	The Growth and Employment Impacts of the 2008 Global Financial Crisis on Pakistan	en_US
dc.type	Article	en_US