This thesis studies the relative roles of monetary and fiscal policies to achieve the basic
macroeconomic objectives of stable prices with sustainable growth in Pakistan. Using data …

The study tests the fiscal theory of price determination for Pakistan's economy for the period
1970 to 2007. The evidence is less clear cut to infer that authorities are following a certain …

The study examines the relative importance of fiscal and monetary determinants of inflation
for Pakistan during 1960-2011. By analyzing the impulse response functions, the …

Abstract Leeper (1991), Sims (1994) and Woodford (2001) point out that price level is not
independently determined by monetary policy rather it is the result of inter dependence of …

A comprehensive strategy for price stability, particularly for the long-run, requires
coordination between monetary and fiscal policy. To our knowledge, the fiscal initiative to …

The paper tests the efficacy of fiscal theory of price level in Nigeria using an autoregressive
distributed lag model for the period from 2002 Q1 to 2017 Q4. The study seeks to test the …

Though the Pakistani economy had recently achieved some level of macroeconomic
stability, at present there are fears that this stability could be threatened. This paper looks at …

A fundamental macroeconomic objective for a country is to achieve price stability and, the
monetary authority sets policies accordingly to prevent any persistent rise in the general …

The study tried to examine the effects of fiscal consolidation policies under alternative
monetary stances in Indian economy. Using structurally adjusted vector autoregression …

The presence of high inflation coupled with a persistent and ever-increasing fiscal deficit is
the key problem being faced by the developing economies. The fiscal dominance …