Cyrus Mutuku Author
Subjects of specialization
Affiliation
Kenya, Non technical trade barriers,Imports verification standards
Department of Economics, University of Nairobi, Nairobi, Kenya
Cyrus Mutuku Department of Economics, University of Nairobi, Nairobi, Kenya. His publication include UNCTAD (2012) Non-Tariff Measures to Trade: Economic and Policy Issues for Developing Countries, USA
Research Article Open Access
Author(s): Cyrus Mutuku and Vincent Mogire Okara
High and volatile inflation is a threat to good economic performance and has negative effects on many of the poor. Economic growth took off in 2004 in Kenya, but alongside higher growth, there has been rapid inflation and large inflation volatility. The study sought to establish the effect of unemployment, narrow money supply, wide money supply and level of GDP on inflation in Kenya. The study relied on secondary annual time series data. The sources of the secondary data were the Kenya Bureau of Statistics, Central Bank, IMF and World Bank. The study employed the use of a Vector Autoregression (VECM) model due to its robustness in forecasting. The corrected data was first subjected to unit root test at levels using Augmented Dickey Fuller, and Philips Perron methods. The data was found ... view moreĀ»