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This dissertation explores the coordination between fiscal and monetary policies in Pakistan from 1978-79 to 2019-20. It employs econometric analysis using a VAR model to assess the responses of fiscal and monetary policies to economic shocks. The study concludes that while monetary policy often aligns with inflationary conditions, fiscal policy shows inconsistent coordination with growth scenarios.
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An econometric analysis is a statistical approach used to test hypotheses and forecast future trends by analyzing economic data.
Individuals or organizations conducting economic research or impacting economic policy typically need to file an econometric analysis.
To fill out an econometric analysis, one needs to gather relevant data, select appropriate statistical methods, and then apply these methods to draw conclusions from the data.
The purpose of an econometric analysis is to understand and quantify the relationships between economic variables and to make predictions.
An econometric analysis must report the data used, the methods applied, the results of the analysis, and any assumptions made during the analysis.
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