An Empirical Analysis Of The Relationship Between Exchange Rates And Inflation In Kenya (1973-2014)
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Date
2015Author
Achieng, Were Mercy
Type
ThesisLanguage
enMetadata
Show full item recordAbstract
This study examined the relationship between exchange rates and inflation in Kenya from an empirical perspective using time series data from the year 1973 to 2014. A VAR model was used and data analysis conducted using ADF unit root test, cointegration tests, VECM test as well as Granger causality test. The results of the data analysis revealed a positive unidirectional causality from exchange rate to inflation.
Publisher
University of Nairobi