Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5054615 | Economic Modelling | 2013 | 7 Pages |
Abstract
The present paper contributes in existing economic literature by investigating the validity of the Keynesian Absolute Income hypothesis in Pakistan by applying the ARDL approach to cointegration. The findings of this paper validate the Keynesian absolute income hypothesis in Pakistan, where public savings and financial development add in private savings. This study opens up new insights for government to improve the level of private savings.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Muhammad Shahbaz, Kishwar Nawaz, Mohamed Arouri, Frédéric Teulon, Gazi Salah Uddin,