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Causality Between Money and Prices: Evidence from Pakistan

Husain, Fazal et al.
Munich Personal RePEc Archive · Reports
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The objective of the paper is to re-examine the causal relationship between money and prices in Pakistan using recent data and employing cointegration and error correction models. Two measures of prices (CPI and WPI) and three measures of money stocks (M0, M1, and M2) were taken for the period July
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