Vincent Mogire Okara | Author | SciTechnol

Vincent Mogire Okara Author

mutukucmm@gmail.com +254 20 2245566 | +254 20 2245

Subjects of specialization
Inflation,Economy,Macroeconomics,Labor market

Affiliation
Research Department, Kenya Revenue Authority, Kenya

Biography

Vincent Mogire Okara Research Department, Kenya Revenue Authority, Kenya. His publications include: 1.Amisano G, Fagan G (2010) Money Growth and Inflation-aa regime Switching Approach. Working Paper Series (1207). 2.Robert GJ (1982) Inflation, Flexible Exchange Rates and Natural Rate of Unemployment. Washington DC: The Brookings Institution 89-158

Publications

Research Article Open Access

Selected Macroeconomic Drivers of Inflation in Kenya

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 more»

Abstract HTML PDF