Browsing by Author "Oduor, Jacob"
Now showing items 1-8 of 8
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Discussion Paper No. 107 of 2010 on Are Prior Restrictions on Factor Shares Appropriate in Economic Growth Accounting Estimations?
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)Several studies make different prior assumptions on the magnitude of factor shares and scale of production when accounting for economic growth. The initial Solow estimations, for instance, assumed a capital share of 0.3 ... -
Discussion Paper No. 108 of 2010 on Equilibrium Real Exchange Rates and Real Misalignment in Kenya: A Fundamental Equilibrium Approach
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)With the liberalization of exchange rate in most countries, policy makers have to contend with erratic movements in exchange rates in the short-run, causing exchange rate misalignments in the long run. Exchange rate ... -
Discussion Paper No. 109 of 2010 on Evaluating the Impact of Microfranchising the Distribution of Anti-Malaria Drugs in Kenya on Mortality and Morbidity
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2010)In an effort to increase access to effective anti-malaria drugs to the rural poor, the Kenyan government has partnered with a local nongovernmental organization to distribute the drugs free of charge using a micro-franchise ... -
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 ... -
Discussion Paper No. 58 of 2006 on Monetary Policy Reaction Function for Kenya
(The Kenya Institute for Public Policy Research and Analysis, 2006)The objective of this study was to estimate a monetary policy reaction function (MRF) for Kenya. It sought to understand whether the Central Bank of Kenya (CBK) in its reaction to macroeconomic changes and/or disturbances, ...
