Modelling Trilogies Between Financial Liberalization, Human Capital and Financial Development: Evidence from Pakistan Using Threshold Model Approach
Journal of South Asian Development
Published online on December 14, 2025
Abstract
Journal of South Asian Development, Volume 20, Issue 3, Page 364-394, December 2025.
This article investigates the relationship between financial liberalization and financial development in Pakistan, using human capital as a threshold variable over the period 1972–2023. The research finds that human capital must reach a value of 1.66 for ...
This article investigates the relationship between financial liberalization and financial development in Pakistan, using human capital as a threshold variable over the period 1972–2023. The research finds that human capital must reach a value of 1.66 for ...