• Discussion Paper No. 02 of 2000 on Macro Models of the Kenya Economy: a Review 

      Karingi, Stephen N. & Ndungú, Njuguna S. (The Kenya Institute for Public Policy Research and Analysis, 2000)
      This paper critically reviews the existing Kenyan macroeconomic models, identifying their strengths and weaknesses. It argues that there are major weaknesses in the two existing models, MEPM and MELT3, particularly their ...