| dc.contributor.author | Musyoki, Danson | |
| dc.contributor.author | Pokhariyal, Ganesh P | |
| dc.contributor.author | Pundo, Moses | |
| dc.date.accessioned | 2013-06-23T11:35:19Z | |
| dc.date.available | 2013-06-23T11:35:19Z | |
| dc.date.issued | 2012 | |
| dc.identifier.citation | Danson Musyoki, Ganesh P. Pokhariyal and Moses Pundo (2012). Real Exchange Rate Volatility in Kenya. Journal of Emerging Trends in Economics and Management Sciences (JETEMS) 3 (2): 117-122 | en |
| dc.identifier.uri | http://jetems.scholarlinkresearch.org/abstractview.php?id=285 | |
| dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/38530 | |
| dc.description.abstract | This paper examines Real Exchange Rate (RER) volatility in Kenya by using Generalized Autoregressive
Condition of Heteroscedasticity (GARCH) and computation of the unconditional standard deviation of the
changes for the period of January 1993 to December 2009. Data for the study was collected from Kenya
National Bureau of Statistics, Central Bank of Kenya and International Monetary Fund Data Base by taking
monthly frequency. Thus, 204 data values were analysed, which assisted in evaluating the extent of the trade
Kenya had with different countries and used in the construction of the Real Exchange Rate (RER). The study
found that RER was very volatility for the entire study period. Kenya’s RER generally exhibited a appreciating
and volatility trend, implying that in general, the country’s international competitiveness deteriorated over the
study period. The RER Volatility reflect negative effect on economic growth of Kenya. | en |
| dc.language.iso | en | en |
| dc.title | Real Exchange Rate Volatility in Kenya | en |
| dc.type | Article | en |
| local.publisher | Department of Accounting and Finance, Catholic of Eastern Africa | en |
| local.publisher | School of Mathematic, University of Nairobi; Kenya | en |
