@incollection{, D7C886C32809FC442F4058F993219461 , author={{KifayatUllah} and {AbdulWajid} and {Fazal AliKhan} and {Karakoram International University Gilgit, Pakistan}}, journal={{Global Journal of Management and Business Research}}, journal={{GJMBR}}2249-45880975-585310.34257/GJMBR, address={Cambridge, United States}, publisher={Global Journals Organisation}1634352 } @book{b0, , title={{Monetary Policy in Emerging Markets}} , author={{ JAFrankel }} , year={2010. 16125} , note={NBER Working Paper} } @incollection{b1, , title={{Monetary Policies for Developing Countries: The Role of Institutional Quality}} , author={{ HHuang } and { SJWei }} , journal={{Journal of International Economics}} 90 , year={2006} } @incollection{b2, , title={{ASEAN and FTAA: External Threats and Internal Institutional Weaknesses}} , author={{ YHuang } and { RKMorck } and { BYeung }} , journal={{Business and Politics}} 6 1 4 , year={2004} } @incollection{b3, , title={{The Estimation and Evaluation of Monetary Reaction Function: An Empirical Study for Pakistan}} , author={{ NIqbal }} , journal={{International Review of Business Research Papers}} 5 , year={2009} } @book{b4, , title={{Rule-based Monetary Policy for Developing Countries, Evidence from Developed Countries}} , author={{ MSIslam }} , year={2009} Unpublished Dissertation, Lund University } @incollection{b5, , title={{Estimation and hypothesis testing of cointegrating vectors in Gaussian vector autoregressive models}} , author={{ SJohansen }} , journal={{Econometrica}} 59 , year={1991} } @book{b6, , title={{Likelihood-Based Inference in Cointegrated Vector Autoregressive Models}} , author={{ SJohansen }} , year={1995} , publisher={Oxford University Press} , address={Oxford University} } @incollection{b7, , title={{When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies}} , author={{ GLKaminsky } and { CMReinhart } and { CAVegh }} , journal={{NBER Macroeconomics Annual}} , year={2005. 2004} } @incollection{b8, , title={{Monetary Policy Objectives in Pakistan: An Empirical Investigation}} , author={{ WSMalik }} , journal={{PIDE Working Paper Series}} 35 , year={2007} , note={Working Paper} } @incollection{b9, , title={{The Taylor Rule and the Macroeconomic Performance in Pakistan}} , author={{ WSMalik } and { Ahmed } and { AM }} , journal={{PIDE Working Paper Series}} 34 , year={2007} , note={Working Paper} } @incollection{b10, , title={{The Economics of Inflation, Issues in the Design of Ouattara}} , author={{ WSMalik } and { Ahmed } and { AM }} , journal={{Journal of International Development}} 18 8 , year={2011. 2006} , note={Aid, debt and fiscal policies in Senegal} } @book{b11, , title={{An autoregressive distributed lag modelling approach to cointegration analysis}} , author={{ MHPesaran }} , year={1999} Cambridge University } @incollection{b12, , title={{Bounds testing approaches to the analysis of level relationships}} , author={{ MHPesaran } and { YShin } and { RJSmith }} , journal={{Journal of Applied Econometrics}} 16 3 , year={2001} } @book{b13, , title={{Does Monetary Policy Play Effective Role in Controlling Inflation in Pakistan, MPRA Paper 13080}} , author={{ AQayyum }} , year={2008} , address={Germany} University Library of Munich } @incollection{b14, , title={{Monetary Policy Reaction Function in Open Economy Version: Empirical Evidence in Case of Pakistan}} , author={{ DSulaiman } and { MHussain } and { AAhsanuddin } and { SKazmi } and { ILal }} , journal={{Asian Social Science}} 8 8 , year={2011} } @incollection{b15, , title={{Discretion versus Policy Rules in Practice}} , author={{ JBTaylor }} , journal={{Carnegie-Rochester Conference Series on Public Policy}} 93 , year={1993} }