Odhiambo, Nicholas M. - 2009
This paper examines the dynamic impact of interest ratereforms on economic growth in Zambia—using two models in a … interest rate liberalization, Granger causes economic growth. The resultsapply irrespective of whether the causality is … deepening; (2) savings and economic growth Granger causeeach other; and (3) financial development Granger causes savings in the …