This paper examines the effects of monetary policy on macroeconomic variables in
Pakistan's economy using a data-rich environment. We used the factor-augmented vector …

This paper examines the effects of monetary policy on output and prices in Pakistan at
disaggregate level using a data rich environment. Factor Augmented Vector Autoregressive …

Employing Factor Augmented Vector Autoregression (FAVAR) model where factors are
obtained using the principal component analysis (PCA) and the parameters of the model are …

This paper is an attempt to estimate the relative impact of monetary policy on key economic
variables ie output and inflation in Pakistan by covering the period from 1964-M1 to 2007 …

This paper addresses the issue of monetary policy effectiveness, the price puzzle, and the
positive response of prices to monetary tightening in Pakistan. The study examines the …

This paper examines the efficacy of monetary policy in the South African economy using a
data‐rich framework. We use the Factor‐Augmented Vector Autoregressive (FAVAR) …

A structural vector autoregression (SVAR) model is proposed for analysing the impact of
monetary policy stances on real variables in the Indian economy, in the context of its …

Structural vector autoregressions (VARs) are widely used to trace out the effect of monetary
policy innovations on the economy. However, the sparse information sets typically used in …

This paper analyzes the effect of monetary policy shock on the aggregate as well as on the
sectoral output of Indian economy using reduced form vector auto regression (VAR) model …

This paper investigates the evolution of monetary transmission mechanism in Malawi
between 1981 and 2010 using a time varying parameter vector autoregressive (TVP-VAR) …