Publications - Working Papers    Serial #  Title  WP70 Impact of Interbank Liquidity on Monetary Transmission Mechanism  WP69 An Empirical Analysis of Interbank Liquidity-A Case Study of Pakistan  WP68 Quarterly Bayesian DSGE Model of Pakistan Economy with Informality  WP67 The Influence of Industry Financial Composition on the Exports from Pakistan  WP66 A New Measure of Core Inflation in Pakistan  WP65 Monetary Policy, Informality and Business Cycle Fluctuations in a Developing Economy Vulnerable to External Shocks  WP64 Foreign Aid, External Debt and Governance  WP63 Does External Debt Affect Economic Growth: Evidence from Developing Countries  WP62 On The (Ir)relevance of Monetary Aggregate Targeting in Pakistan: An Eclectic View  WP61 Implications of Monetary Policy for Corporate Sector and Economic Growth in Pakistan  WP60 On smoothing Macroeconomic Time Series using HP and Modified HP Filter  WP59 Does Greater Transparency Stabilize Output? Evidence from Panel Data  WP58 Disaggregate Analysis of Broad Money and Outlook of Key Monetary Aggregates  WP57 Does Uncovered Interest rate Parity Hold After All?  WP56 The RBC View of Pakistan: A Decleration of Stylized Facts and Essential Models  WP55 Sticky Wages in a Developing Country: Lessons from Structured Interviews in Pakistan  WP54 Quarterisation of National Income Accounts of Pakistan  WP53 Estimation of Discount Factor b and Coefficient of Relative Risk Aversion y in Selected Countries  WP52 Intrinsic Inflation Persistence in a Developing Country  WP51 Determinants of Foreign Direct Investment to Developing Countries  WP50 Construction and Seasonal Patterns of Islamic Hijri Calendar Monthly Time Series: An Application to Consumer Price Index (CPI) in Pakistanl  WP49 Monetary Transmission in Pakistan: The Balance Sheet Channel  WP48 Price and Income Elasticity of Imports: The case of Pakistan  WP47 Pakistan Economy DSGE Model with Informality   -  [Technical Supplement]  WP46 Estimating Standard Error of Inflation in Pakistan: A Stochastic Approach  WP45 Bank Lending and Monetary Shocks:Evidence from a Developing Economy  WP44 The Relationship between Inflation and Relative Price Variability in Pakistan  WP43 Power, Profits and Inflation:A Study of Inflation and Influence in Pakistan  WP42 Formal Sector Price Discoveries:Preliminary Results from a Developing Country  WP41 The Financial Accelerator: An Emerging Market Story  WP40 Optimal Taxation, Inflation and the Formal and Informal Sectors  WP39 Detection and Forecasting of Islamic Calendar Effects in Time Series Data: Revisited  WP38 Asymmetric Shocks and Co-movement of Price Indices  WP37 Procyclical Monetary Policy and Governance  WP36 Stability of Money Demand Function in Pakistan  WP35 Exchange Market Pressure Index in Pakistan  WP34 A Small-size Macroeconometric Model for Pakistan Economy  WP33 The Size of Informal Economy in Pakistan  WP32 Ramadan Effect on Price Movements: Evidence from Pakistan  WP31 Dutch Disease Investigated: Empirical Evidence from Selected South-East Asian Economies  WP30 An Analysis of Exchange Rate Risk Exposure Related to Public Debt Portfolio of Pakistan: Beyond Delta-Normal VAR Approach  WP29 Political Instability and Inflation in Pakistan  WP28 Concentration and Competition in Banking Sector of Pakistan: Empirical Evidence  WP27 External Debt Sustainability Analysis for Pakistan: Outlook for the Medium Term  WP26 Sources of Real Exchange Rate Misalignment Evidence from Pakistan  WP25 Monetary Targeting in Pakistan: A Skeptical Note  WP24 Estimating Output Gap for Pakistan Economy: Structural and Statistical Approaches  WP23 Pakistan's Export Potential-A Gravity Model Analysis  WP22 Short-Run Effects of an Unanticipated Change in Monetary Policy: Interpreting Macroeconomic Dynamics in Pakistan  WP21 An Analysis of Pakistan Vulnerability to Crisis  WP20 Financial Development and Textile Competitiveness-A Case Study of Pakistan  WP19 Choice of Monetary Policy Regime: Should SBP Adopt Inflation Targeting  WP18 Evaluating Core Inflation Measures in Pakistan  WP17 Estimating Quarterly Gross Fixed Capital Formation  WP16 Forecasting Profitability, Earnings, and Corporate Taxes: Evidence from UK Companies  WP15 Determining Import Intensity of Exports for Pakistan  WP14 Effectiveness of Foreign Exchange Intervention Evidence from Pakistan  WP13 Corporate Tax Models: A Review  WP12 An Empirical Investigation of Cost Efficiency in the Banking Sector of Pakistan  WP11 Monetary Conditions Index for Pakistan  WP10 Macro Determinants of Total Factor Productivity in Pakistan  WP09 Transmission Mechanism of Monetary Policy in Pakistan  WP08 Inflation and Growth: An Estimate of the Threshold Level of Inflation in Pakistan  WP07 Monetary Aggregates in Pakistan: Theoretical and Empirical Underpinnings  WP06 Defence Expenditure and Macroeconomic Stabilization:Causality Evidence from Pakistan  WP05 Exchange Rate Pass-Through to Domestic Prices in Pakistan  WP04 Core Inflation Measures for Pakistan  WP03 Workers’ Remittances, Resident FCAs and Kerb Premium: A Cointegration Analysis  WP02 Detection and Forecasting of Islamic Calendar Effects in Time Series Data  WP01 Long-run Trend, Business Cycles and Short-run Shocks in Real GDP.

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