The test on the presence of full insurance that is commonly employed does not take intoaccount that households also rely on buffer stocks to shield their consumption from incomeshocks. In this paper a test is developed that deals with this omission. It is shown that in thepresence of partial...

This paper evaluates Zimbabwe's exchange rate policy before and during the post-1997 currency and economic crisis. This is achieved by conducting simulations of an exchange rate regime evaluation model that minimizes the conditional variance of real output following Agbeyegbe and Osakwe (2005)....

The influence of exchange rate signals in an economy is very powerful and often pervasive. Economists and policy makers thus strongly regard the real exchange rate (RER) as a key tool to influence the economy due to its role in determining production and consumption choices between domestic and...

The problem of delays in the construction sector is a global phenomenon and the construction sector in Zimbabwe is no exception. This research seeks to empirically investigate the factors affecting construction delays in Zimbabwe. A questionnaire survey was used for data collection. The research...

The status of paralysis in which Zimbabwe has slipped throughout the past 37 years might be traced back to the Banana Administration. Since 1980, a number of economic policies have been formulated and subsequently implemented in Zimbabwe and yet the economy is still under intensive care. This...

While most entrepreneurs around the globe acknowledge that they began their businesses either as a hobby or a secondary source of income, the mushrooming of SMEs in Zimbabwe has been prompted by unprecedented company closures which saw many workers losing their jobs. SMEs occupy a central...

The study investigates the impact of labour migration on wages in the source country labour market, in the context of Zimbabwe; for the period 1985-2013. Our main argument is that labour migration can have a negative impact on wages in the source country and as such our model includes various...

Population growth is one of the fundamental factors that directly determine the supply of human resources which are indisputably critical for production. Population growth plays a pivotal role in country's economic development trajectory. Most economically developed countries have significantly...

The worst of the ailments distressing the economy of Zimbabwe continue to be sycophantically dubious and characteristically dystopian policies that are still causing malicious effects on private investment and yet private investment is an indisputably powerful means for sustainable economic...