Understanding the Drivers of Inflation Volatility of Pakistan

Autor:	Arshad Hameed, Jannat Latieef, Naureen Riaz, Iram Sarwar, Maryam Fatima
Rok vydání:	2023
Zdroj:	Research Journal for Societal Issues. 5:71-82
ISSN:	2788-7227 2788-7219
DOI:	10.56976/rjsi.v5i1.75
Popis:	This paper focuses on the inflation problem about a worldwide issue. The aim of this study is to discuss the technique over the data collected for the last thirty-eight months. This study explores the significance of inflation and inflation volatility. The results were also compared with the estimates for effectiveness and volatility by the ARCH/GARCH technique. The entire model is statistically significant. There is a positive relationship between money supply and exchange rate with current inflation. The Granger test is applied to examine the causality connecting inflation and inflation volatility. The result shows that inflation will be increased in the future in Pakistan. Future studies can be extended by considering more factors to obtain more precision to control the inflation volatility in Pakistan.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c141a71d01a68b9a3f3a556092e4e687 https://doi.org/10.56976/rjsi.v5i1.75 Zobrazit plný text záznamu