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nominal money and nominal income, and between nominal money and prices using using the annual data set from 1959-60 to 2003 … the price hikes in the early 1970s. We investigate the casual relations between real money and real income, between … money in the Pakistani economy, as it is found to be the leading variable in changing prices without any feed back. In the …
Persistent link: https://www.econbiz.de/10005621505
the price hikes in Pakistan in the early 1970s. We investigate the causal relations between real money and real income …, between nominal money and nominal income, and between nominal money and prices using the annual data set from 1959-60 to 2003 … changing prices without any feedback. In the earlier studies on income the feedback mechanism of money is found missing perhaps …
Persistent link: https://www.econbiz.de/10008839218
between those quarters (i.e., from the early 1340s to the mid 1370s). The analysis of the evidence on money, prices, and wages … depopulation will result in falling grain prices and thus in falling rents on grain-producing lands (on land in general) and in … would also have been a product of the fall in the cost of living, chiefly determined by bread-grain prices, whose decline …
Persistent link: https://www.econbiz.de/10005827233
Using annual data from several sources, we study the evolution of M1, M2, income, prices and long and short interest … rates in Ireland over the period 1933-2012. We find cointegration and that prices, income and interest rates are weakly … relatively high income elasticity, and detect parameter instability. We estimate a short-run M2 demand function that passes a …
Persistent link: https://www.econbiz.de/10011084447
Using annual data from several sources, we study the evolution of M1, M2, income, prices and long and short interest … rates in Ireland over the period 1933-2012. We find cointegration and that prices, income and interest rates are weakly … relatively high income elasticity, and detect parameter instability. We estimate a short-run M2 demand function that passes a …
Persistent link: https://www.econbiz.de/10010877217
nominal money and nominal income, and between nominal money and prices using the annual data set from 1959-60 to 2003 … due to the price hikes in the early 1970s. We investigate the causal relations between real money and real income, between … money in the Pakistani economy, as it is found to be leading variables in changing prices without any feedback. In the case …
Persistent link: https://www.econbiz.de/10009363999
This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further … has played a major role in increasing Pakistan’s national income. The study fails to find the active role of money in …
Persistent link: https://www.econbiz.de/10005835538
This paper attempts to look at the trends in income, money, and prices in Pakistan over the years. In addition, we also … a little role of money in changing income as well as prices. On the other hand, money seems to be significantly affected … 1970s. However, these expansions can be attributed to phenomenal expansions in prices. Real income, on the other hand …
Persistent link: https://www.econbiz.de/10005790412
monetary changes, both in money stocks and flows. The evidence, in both tables and graphs, will demonstrate that the prices for … relatively static agrarian technology, and thus with the inevitable Law of Diminishing returns, had drive up grain prices during … fifteenth centuries led to a fall in grain prices. The drastic alteration in the land:labour ratio also led to a rise in real …
Persistent link: https://www.econbiz.de/10005827262
their real costs and sales prices, which provided the only means by which 'it could hold out against foreign competition … prices; and such wage cuts were bitterly resented, with threats of strikes from the fullers of Ghent, Kortrijjk, and Wervik …
Persistent link: https://www.econbiz.de/10005827245