Browsing Discussion Papers by Subject "Output Stabilization"

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    • Discussion Paper No. 58 of 2006 on Monetary Policy Reaction Function for Kenya 

      Ouma, Shem; Khainga, Dickson; Wasala, Willis & Oduor, Jacob (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, ...