Macroeconomic Forecasting for Pakistan's Economy
To the best of my knowledge, the papers listed below are the only papers in the literature related to macroeconomic forecasting on Pakistan's economy using econometric and machine learning models incorporating 161 predictors and 118 predictors to forecast major macroeconomic indicators of Pakistan's economy: GDP Growth, CPI Year-on-Year Inflation, and Weighted Average Overnight Repurchase Rate (policy instrument of State Bank of Pakistan).
Syed, A. A. S., & Lee, K. H. (2021). Macroeconomic forecasting for Pakistan in a data-rich environment. Applied Economics, 53(9), 1077–1091. https://doi.org/10.1080/00036846.2020.1826399
Syed, A. A. S., Ishtiaq, M., Qureshi, S., & Fatima, K. (2022). Inflation Forecasting for Pakistan in a Data-rich Environment. The Pakistan Development Review, 61(4), 643–658. https://doi.org/10.30541/v61i4pp.643-658
Macroeconomic Database for Research on Pakistan's Economy
To the best of my knowledge, the paper below is the only one in the literature that provides a database of macroeconomic indicators compiled for use in empirical macroeconomic analysis on Pakistan's economy. The database is prepared with the intention of encouraging students, academics, and professionals to conduct comparable research on Pakistan's economy.
Syed, A. A. S., Raza, H., & Waheed, M. (2023). Easydata-MD: A Monthly Dataset for Macroeconomic Research on Pakistan. https://doi.org/10.35536/lje.2023.v28.i1.a3
Climate Policy and Monetary Policy Uncertainty Indices for Pakistan
I have contributed to the literature on policy uncertainty alongwith my co-authors by creating two indices for the economy of Pakistan. The first one is the Climate Policy Uncertainty and the second one is the Monetary Policy Uncertainty. Data for both of these indices is hosted at https://www.policyuncertainty.com, which is the official website for uncertainty indices from around the world, and is maintained by Dr. Scott Baker of University of Wisconsin - Madison, Dr. Nick Bloom and Dr. Steve Davis of Stanford University.
Syed, A. A. S., Waheed, M., & Saleh, S. (2024). Measuring Climate and Climate Policy Uncertainty for Pakistan. Pakistan Journal of Applied Economics, 34(2), 71–92. https://aerc.edu.pk/wp-content/uploads/2025/03/Paper-1116-Ateeb-Akhter-II-2.pdf
Data: https://www.policyuncertainty.com/pakistan_cpu.html
Syed, A. A. S., Syed, K. H. B., and Ahmad, K. (2025). Measuring Monetary Policy Index for Pakistan. https://doi.org/10.2139/ssrn.5392688
Data: https://www.policyuncertainty.com/pakistan_monetary.html
Financial Stability Sentiments Index for Pakistan's Economy
Through the paper below, we have created the Financial Stability Sentiments Index for Pakistan's economy and the data of this index is publicly available on my Github page.
Syed, A. A. S., Lee, K. H., Waheed, M., & Saleh, S. (2024). Measuring the financial stability sentiments and evaluating their impacts on financial soundness, financial stability, and the macroeconomy of Pakistan. Asia-Pacific Journal of Regional Science, 1-30. https://doi.org/10.1007/s41685-024-00362-6