Browsing by Subject "Operation Costs"

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Discussion Paper No. 122 of 2010 on Efficiency of the Financial Market Intermediation Process in Kenya: A Comparative Analysis

Oduor, Jacob; Karingi, Stephen; Mwaura, Stephen (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 ...