-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …

Drives Inflation. Chapter IV introduces a second model of a corrupt central banker, one who sells inside information … general seems to increase the inflation rate. My model of the corrupt central banker provides a new explanation of this effect …, that is, that corruption leads to a higher rate of inflation and/or higher seigniorage, will be tested for a cross …

in two districts in Kenya between May 2005 and September 2005. Multinomial logit models and ordered probit models were …, Household Model, Multinomial Logistic Regression, Ordered Logistic Regression, Kenya. …

. Analysis is based on a random cross section sample of 439 small-scale export vegetable producers in Kenya whose production was …

study of lighting use by micro-enterprises in two small towns in Kenya's Rift Valley Province. The work included a survey …

endogeneity of supermarket purchases. Kenya’s supermarket landscape is dynamic and so far, it has followed the ‘traditional …

. Overall the results suggest that inflation expectations are relatively forward looking in developing countries. This is … consistent with the elevated inflation rates that many of these countries have experienced over long periods of time. The …