INTERNATIONALIZATION OF RELATIONSHIP BETWEEN INFLATION AND MONEY SUPPLY POLICIES: AN EMPIRICAL STUDY OF PAKISTAN

Authors

  • RABIA SAGHIR Assistant Professor, Department of Economics & Finance, Foundation University Islamabad, Pakistan Author
  • SAIQA SADDIQA QURESHI Assistant Professor, Fatima Jinnah Women University Rawalpindi, Pakistan Author
  • HINA HAYAT Lecturer, Department of Management Sciences, Foundation University Islamabad, Pakistan Author

DOI:

https://doi.org/10.61506/

Keywords:

Inflation, , Money Supply,, Real GDP

Abstract

This study finds out the determinants of inflation by using cointegration and error corrections techniques, respectively. Money supply, real GDP, and foreign inflation significantly and positively impact inflation. This study recommends that state bank is responsible for maintaining a stable inflation level by controlling the money supply level. Similarly, state banks should provide domestic credit for capital formation goods to enhance economic growth.

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Published

2022-03-30

Issue

Vol. 11 No. 1 (2022)

Section

Articles

How to Cite

SAGHIR, R. ., QURESHI, S. S. ., & HAYAT, H. . (2022). INTERNATIONALIZATION OF RELATIONSHIP BETWEEN INFLATION AND MONEY SUPPLY POLICIES: AN EMPIRICAL STUDY OF PAKISTAN. Bulletin of Business and Economics (BBE), 11(1), 234-239. https://doi.org/10.61506/