Browsing Strathmore Institute of Mathematical Sciences (SIMs) by Subject "Credit channel"
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Monetary policy effectiveness - the role of financial frictions on the effectiveness of the Kenyan Monetary Polilcy
(Strathmore University, 2015-11)This paper examines the role of credit market frictions on the effectiveness of the Kenyan monitory policy .Following from the credit channel theory, of particular interest is the credit channel of the Kenyan monitory ...