Browsing by Author "Oduor, Jacob"
Now showing items 1-4 of 4
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Discussion Paper No. 110 of 2010 on General Equilibrium Real Exchange Rates in Three-Good Economy Setting
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)This study develops a theoretical general equilibrium model of the determination of the equilibrium long-run real exchange rates in a three-good open economy framework. Three economic agents are considered in the model: ... -
Discussion Paper No. 111 of 2010 on Economic Policy and Total Factor Productivity in Kenya.
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)Policy makers and development experts in many countries have had to deal with a decision on exactly what sources of economic growth they must target to achieve higher growth rates. Most development practitioners and ... -
Discussion Paper No. 122 of 2010 on Efficiency of the Financial Market Intermediation Process in Kenya: A Comparative Analysis
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)Interest rate margins have been used severally in literature to indicate the extent of financial sector repression and inefficiency. Wide interest margins are detrimental for savings mobilization and stifle investment ... -
Discussion Paper No. 123 of 2010 on Contractionary Monetary Policy Effects on Aggregate Income when Exchange Rates Overshoot in Kenya: a Policy Paradox?
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)With the liberalization of the exchange rate market in Kenya, it is expected that contractionary monetary policy meant to reduce inflation will lead to exchange rate overshooting. Exchange rate overshooting on the other ...
