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Interest Rate Liberalization : Some Lessons From Africa

Turtelboom, Bart - 1991

This paper undertakes a survey of theoretical considerations and an analysis of the experience of five African countries with interest rate liberalization. Despite substantial progress in monetary policy reforms, liberalization has only partially affected the level and variability of interest...

Persistent link: https://www.econbiz.de/10014395864

Do interest rate controls work? : evidence from Kenya

Alper, C. Emre; Clements, Benedict J.; Hobdari, Niko; … - 2019

This paper reviews the impact of interest rate controls in Kenya, introduced in September 2016. The intent of the …

Persistent link: https://www.econbiz.de/10012022041

Identifying constraints to financial inclusion and their impact on GDP and inequality : a structural framework for policy

Dabla-Norris, Era; Ji, Yan; Townsend, Robert M.; Unsal, … - 2015

Persistent link: https://www.econbiz.de/10011282762

Monetary policy implementation and volatility transmission along the yield curve : the case of Kenya

Alper, C. Emre; Morales, R. Armando; Yang, Fan - 2016

instruments with longer maturities (e.g., T-bills) in Kenya since 2012, year in which the monetary policy framework switched to a …, Sweden, Thailand, and Uganda). Kenya shows strong volatility transmission and high persistence similar to other countries in …

Persistent link: https://www.econbiz.de/10011711565

Taylor visits Africa

Goncalves, Carlos Eduardo - 2015

de facto pursuing a strategy more akin to a Taylor Rule. Estimations of small-scale models for Kenya, Uganda and Tanzania … place in Kenya and Tanzania. In Uganda, these errors are much smaller, in fact similar in size to Taylor Rule deviations …