文章基本信息

标题：Impact of Inflation, Exchange Rate and Interest Rate on the Private Sector Credit of Pakistan
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作者：Muhammad Umair Ali ; Saliha Gul Abbasi ; Mazhar Abbas 等
期刊名称：Journal of Accounting and Finance in Emerging Economies
印刷版ISSN：2519-0318
电子版ISSN：2518-8488
出版年度：2020
卷号：6
期号：4
页码：1133-1138
DOI：10.26710/jafee.v6i4.1477
语种：English
出版社：CSRC Publishing
摘要：The paper analyzed the long-term and short-term impact of interest rate, exchange rate and inflation on the private sector credit of Pakistan during the period from 1975 to 2018. To test the stationarity of data Augmented Dick Fuller (ADF) Test was applied. While the main model to explore the long-term and short-term dependence was based on Auto Regressive Distribution Lag (ARDL) Model. The results suggested no effect of exchange rate on private sector credit, while inflation has significant as well as positive impact on Private Sector Credit (PSC) in long as well as short run. Lastly, the most important dependence i.e. interest effect on PSC; depicted negative impact in both short and long term.
关键词：Exchange rate;inflation;interest rate;private sector credit