Assessing the optimal inflation rate for the Kenyan economy
| dc.contributor.author | Auma, Laura | |
| dc.date.accessioned | 2017-02-24T12:09:44Z | |
| dc.date.available | 2017-02-24T12:09:44Z | |
| dc.date.issued | 2 | |
| dc.description.abstract | This study seeks to estimate the optimal level of inflation for the Kenyan economy that is favorable for its economic growth by using time-series dataset for the period 1981 to 2014. The study adopts a model proposed by Ademola & Aiwo (2006) to examine the existence of threshold level effects in the inflation-growth relationship. The estimated model suggests a 4 percent optimal level of inflation above which inflation retards economic growth. | en_US |
| dc.identifier.uri | http://hdl.handle.net/11071/5029 | |
| dc.language.iso | en | en_US |
| dc.publisher | Strathmore University | en_US |
| dc.subject | inflation | en_US |
| dc.subject | optimal inflation rate | en_US |
| dc.subject | economic growth | en_US |
| dc.title | Assessing the optimal inflation rate for the Kenyan economy | en_US |
| dc.type | Learning Object | en_US |
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