EconPapers    
Economics at your fingertips  
 

Price and Exchange Rate Dynamics in Kenya: An Empirical Investigation

N-S Ndung'U

Working Papers from African Economic Research Consortium

Abstract: The paper investigates the relationships between domestic and foreign price levels and the exchange rate and other macro-variables. The real exchange rate is estimated as a cointegrating vector that spans the variables in a purchasing power parity relation. An exchange rate pass-through equation is estimated, and it is seen that the rate of inflation is affected largely by the pass-through effects from exchange rate changes and the world rate of inflation.

Keywords: INFLATION; PRICES; EXCHANGE RATE; KENYA (search for similar items in EconPapers)
JEL-codes: E31 F31 (search for similar items in EconPapers)
Pages: 38 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:afrirc:58

Access Statistics for this paper

More papers in Working Papers from African Economic Research Consortium African Economic Research Consortum, P.O. Box 62882, Nairobi, Kenya. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().

 
Page updated 2025-03-19
Handle: RePEc:fth:afrirc:58