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Persistent link: https://www.econbiz.de/10003688893
Persistent link: https://www.econbiz.de/10003662971
This paper proposes tests of policy ineffectiveness in the context of macroeconometric rational expectations models. It is assumed that there is a policy intervention that takes the form of changes in the parameters of a policy rule, and that there are sufficient observations before and after...
Persistent link: https://www.econbiz.de/10010375404
This paper introduces two co-movement measures based on the Thick Pen Transform into the macroeconomic literature: the Thick Pen Measure of Association (TPMA) as well as Multi-Thickness Thick Pen Measure of Association (MTTPMA). Both measures are non-parametric, time-varying, and flexible....
Persistent link: https://www.econbiz.de/10014281390
a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …, measure integrity and other values of these groups, and use this data and data from Kenya to support one of the model …
Persistent link: https://www.econbiz.de/10003872201
rich dataset of 16 series of wholesale maize prices between 2000 and 2008 for Kenya, Tanzanian and Uganda. Distance is …
Persistent link: https://www.econbiz.de/10009011814
evidence on the direct effect of ethnic divisions on productivity. In team production at a plant in Kenya, an upstream worker …
Persistent link: https://www.econbiz.de/10010199424
poverty reduction initiatives. HIV/AIDS is fast eroding the health benefits, which Kenya gained in the first two decades of … Kenya. Within this framework, the paper attempts to analyse the impact of HIV/AIDS on Kenya s economic growth by way of … simulations using a macroeconomic model for the Kenyan economy. Some of the key channels explored are the impact of HIV/AIDS on …
Persistent link: https://www.econbiz.de/10011509459
design that exploits the 2010 constitutional reform in Kenya, which substantially increased the number of primary …
Persistent link: https://www.econbiz.de/10012624851
Small farms and fragmented plots are hallmarks of agriculture in less-developed countries, and there is evidence of high returns to land consolidation and reallocation. Complementarities, holdout and asymmetric information mean that private trade will be slow to reallocate land, and imply that...
Persistent link: https://www.econbiz.de/10011672473