Farooq Pasha
State Bank of Pakistan
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Publication
Featured researches published by Farooq Pasha.
Applied Economics | 2016
M. Ali Choudhary; Sajawal Khan; Farooq Pasha; Muhammad Rehman
ABSTRACT The financing channel of a fiscal stimulus matters for the size and the sign of the fiscal multiplier. We develop a general equilibrium model where a fiscal stimulus is partially bank-funded and the government becomes the dominant borrower from banks relative to entrepreneurs. This leads to a negative impact on credit spreads, investment and a contraction in output. We support our story with a structural vector autoregression for a sample of developing countries featuring the dominant borrower syndrome.
MPRA Paper | 2012
Shahzad Ahmed; Waqas Ahmed; Sajawal Khan; Farooq Pasha; Muhammad Saif Ur Rehman
MPRA Paper | 2011
M. Ali Choudhary; Saima Naeem; Abdul Faheem; Nadim Hanif; Farooq Pasha
Archive | 2013
M. Ali Choudhary; Farooq Pasha
Archive | 2011
M. Ali Choudhary; Saima Naeem; Abdul Faheem; Nadim Haneef; Farooq Pasha
Journal of Macroeconomics | 2016
M. Ali Choudhary; Abdul Faheem; M. Nadim Hanif; Saima Naeem; Farooq Pasha
MPRA Paper | 2014
Shahzad Ahmed; Farooq Pasha
Archive | 2018
Shahzad Ahmad; Waqas Ahmed; Ehsan Choudhri; Farooq Pasha; Abdullah Tahir Tahir
Archive | 2017
M. Ali Choudhary; Sajawal Khan; Farooq Pasha
National Bureau of Economic Research | 2009
Diego Comin; Norman Loayza; Farooq Pasha; Luis Servén