Table 1.

Description of codes

CodeDescription
con_drf(−1)First lag of deposit rates of conventional banks
con_lrf(−1)First lag of lending rates of Conventional banks
D.(KB6M)KIBOR current month minus KIBOR previous month
RGDPYear-on-year real GDP growth rate
D.WALR_N(−1)Difference of first lag of WALR_N
D.WALR_N(−2)Difference of second lag of WALR_N
D.WALR_N(−3)Difference of third lag of WALR_N
Isl_drf(−1)First lag of deposit rates of Islamic banks
Isl_lrf(−1)First lag of lending rates of Islamic banks
KB6M(−1)First lag of KIBOR
WADR_N(−1)First lag of weighted average deposit rate on new deposits
WALR_N(−1)First lag of weighted average lending rate on new loans
Source(s): State Bank of Pakistan

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