• Macroeconomic Variables and the Kenyan Equity Market: A Time Series Analysis 

      Mutuku, Cyrus & Kirwa, Lelei Ngény (Kenya Institute for Public Policy Research and Analysis (KIPPRA), 2014)
      The study investigates the dynamic relationship between stock prices and four macroeconomic variables in Kenya using co-integration and vector auto regressive framework. The VAR and VECM analysis reveal that macroeconomic ...