A model for inflation dynamics in Kenya

Date
2015
Authors
Mutiso, Caroline Nduku
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
This paper analyzes the dynamics of inflation in Kenya between 1997 and 2013. The study is done by developing an empirically constant Vector Error Correction Model (VECM). The study finds out that exchange rates and money supply have a long-run effect on inflation dynamics in Kenya. On the other hand, money supply and food prices have short-run effects on inflation. The study uses data from the Kenya National Bureau of Statistics.
Description
Keywords
Citation
URI
http://hdl.handle.net/11071/5072
Collections
BBSE Research projects (2015)