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This paper examines the impact of interest rate reforms on financial deepening and economic growth in Kenya, using two models: the financial deepening model and the dynamic Granger causality model. The study attempts to answer two critical questions: Does interest rate liberalization in Kenya...
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This study explores the impact of accumulated pension funds on the investment level and economic growth in South Africa … and gross fixed capital formation (as a proxy for total investment level) from 1990(Q1) to 2019(Q3) were employed. The … from Bayesian Linear Regression estimation suggest that the mean effects of pension funds on economic growth and investment …
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