Browsing by Author "Ngugi, Rose W."
Now showing items 1-8 of 8
-
Discussion Paper No. 27 of 2003 on Development of the Nairobi Stock Exchange: A Historical Perspective
Ngugi, Rose W. (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2003)This paper explores the evolutionary process of the stock market in Kenya and identifies the institutional and policy changes that have shaped the development pattern of the Nairobi Stock Exchange (NSE). A historical ... -
Discussion Paper No. 29 of 2003 on What Defines Liquidity of the Stock Market? The Case of the Nairobi Stock Exchange
Ngugi, Rose W.; Kenya Institute for Public Policy Research and Analysis (KIPPRA) (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2003)Liquidity of the stock market is vital if the market is to play a significant role in the development by facilitating mobilisation of long-term capital. During the revitalisation period, a lot of efforts have been made ... -
Discussion Paper No. 40 of 2004 on Understanding Interest Rates Structure in Kenya.
Ngugi, Rose W.; Wambua, Joseph (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2004)This study looks at the structure of interest rates in the banking sector in Kenya. It covers interest rates in the money market and the banking institutions in the post-reform period. Results show a significant relationship ... -
Discussion Paper No. 41 of 2004 on Determinants of Interest Spread in Kenya
Ngugi, Rose W. (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2004)This paper examines the determinants of interest spread in Kenya using micro level data. Panel data analysis is used with a sample of 36 banks covering the period 1998-2002. Results show that wide interest spreads are ... -
Discussion Paper No. 47 of 2005 on Growth of the Nairobi Stock Exchange Primary Market
Ngugi, Rose W.; Njiru, Roline (The Kenya Institute for Public Policy Research and Analysis, 2005)The study explores the development of the Nairobi Stock Exchange primary market since its inception in 1953. To understand the factors influencing growth of the market, the study uses a historical perspective approach. ... -
Discussion Paper No. 48 of 2005 on Institutional Factors and Foreign Direct Investment Flows: Implications for Kenya
Ngugi, Rose W.; Nyang'oro, Owen (The Kenya Institute for Public Policy Research and Analysis, 2005)This study looks at the relationship between Foreign Direct Investment (FDI) flows and various institutional factors. The study uses data for developing countries and draws implications for Kenya. Kenya has in the last ... -
Discussion Paper No. 73 of 2007 on Microstructure Elements of the Bonds Market in Kenya
Ngugi, Rose W.; Agoti, Justus (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2007)The importance of market microstructure in determining the success of a bonds market in allocating financial resources depends on the degree to which the microstructure elements have been designed to determine the proper ... -
Discussion Paper No. 99 of 2009 on Financial Sector Development and Economic Growth for African Countries
Ngugi, Rose W.; Njenga, Githinji; Mwaura, Mbutu (The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2009)This study addresses the key research question of whether differences in financial development are significantly associated with differences in economic growth for 13 African countries using panel data from 1984 to 2002. ...








