Causality Tests and the Relative Effectiveness of Monetary and Fiscal Policies in Pakistan (Fiscal AND MONETARY Policies) (Report)
Pakistan Development Review 1992, Winter, 31, 4
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Publisher Description
INTRODUCTION A three variable equation, known as the St. Louis equation in the economics literature, was developed by Andersen and Jordan in 1968 with the object of testing the relative effectiveness of monetary and fiscal policies for economic stabilisation in the U. S. This equation had the following linear form:
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