Jemutai, Judy; Mwito, Moses Mutharime; Joshua, Paul Mugambi - In: Cogent economics & finance 12 (2024) 1, pp. 1-14
This study investigates the asymmetric effects of fiscal policy on inflation (INF) in Kenya using data for the period from 1991 to 2021. The study differs from previous studies by applying the non-linear autoregressive distributed lag (NARDL) modeling to capture asymmetric dynamics. The study...