Misati, Roseline N.; Nyamongo, Esman M.; Kamau, Anne W. - In: International Journal of Development Issues 10 (2011) July, pp. 170-182
Purpose – This study aims to quantitatively measure the size and speed of monetary policy interest rate transmission to long-term interest rates in Kenya. Design/methodology/approach – The study uses autoregressive distributed lag specification re-parameterized as an error correction model...