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Discussion Paper No. 73 of 2007 on Microstructure Elements of the Bonds Market in Kenya
(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. 82 of 2007 on Estimating the Size of the Underground Economy in Kenya
(The Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2007)
The underground economy comprises economic activities not accounted for in national income statistics and is, therefore, difficult to measure. The difficulty arises because this economy comprises a host of traditional and ...