Ramadan Effect on Price Movements: Evidence from Pakistan

Muhammad Akmal () and Muhammad Usman Abbasi ()

Working Papers from eSocialSciences

Abstract: This paper attempts to verify the widespread perception that general price level tends to rise due to the month of Ramadan in Pakistan. For this purpose, the ARIMA methodology (simple and extended form), along with simple graphical and scenario analysis, has been applied on the monthly data for overall, food and non-food indices of consumer prices in Pakistan from July 1991 to December 2008. URL:[http://www.sbp.org.pk/publications/wpapers/2010/wp32.pdf]

Keywords: pakistan; ramdan; data; government activism; price level; monthly data; food; non-food; indices; consumer prices; economic time series; ramadan; ARIMA methodology (search for similar items in EconPapers)
Date: 2011-04
New Economics Papers: this item is included in nep-agr
Note: Institutional Papers
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Citations: View citations in EconPapers (1)

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