The Information in the Yield Spread for the Recession in the Case of Pakistan

Hafsa Hina, Henna Ahsan and Hania Afzal
Additional contact information
Hafsa Hina: Pakistan Institute of Development Economics
Henna Ahsan: Pakistan Institute of Development Economics
Hania Afzal: Pakistan Institute of Development Economics

No 2022:11, PIDE-Working Papers from Pakistan Institute of Development Economics

Abstract: Yield spread is positively linked with future economic expansion to a certain extent, and it has been observed that an inverted yield curve is an indication of recession. The primary purpose of this study is to investigate the effect of yield spread (calculated as the difference between the weighted average rates of return on 5-year deposits and the 3-month rates of return) on the economic activity of Pakistan while incorporating other macroeconomic factors as well.

Keywords: ARDL; Pakistan; Recession; Yield Spread (search for similar items in EconPapers)
JEL-codes: B23 E3 E4 (search for similar items in EconPapers)
Pages: 21
Date: 2022
New Economics Papers: this item is included in nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://pide.org.pk/wp-content/uploads/wp-0222-the ... case-of-pakistan.pdf First Version, 2022 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pid:wpaper:2022:11

Access Statistics for this paper

More papers in PIDE-Working Papers from Pakistan Institute of Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by Khurram Iqbal ().