Determinants of Nominal Exchange Rate Fluctuations in Kenya: An ARDL analysis of determinants of exchange rate their estimated impact and relationship between them and exchange rate - Couverture souple

Danga, Kennedy

Couverture souple

ISBN 10 : 3659840262 ISBN 13 : 9783659840265

Editeur : Scholars' Press, 2016

Synopsis

In Kenya fluctuations of exchange rate caused economic policy debate involving citizens, policymakers, business community, academic researchers and business press with no empirical verification being done to authenticate their arguments. The study use ARDL analysis to analysis determinants of exchange rates in Kenya. Both ARDL long and error correction model were found to be robust because they passed all diagnostic tests such as serial correlation, heteroskedasticity and normality test. The CUSUM test confirmed the stability of both estimated models. The findings of this study addressed the existing knowledge gap in literature of on various determinants of exchange rate in Kenya. These will assist policy makers and government agencies, investors, financial institutions and multinational companies to know, estimate and predict determinants of foreign exchange fluctuations in Kenya.

A propos du livre

À propos de l'auteur

Danga was born in Kisumu, Kenya. He underwent military training, Kenya Defence Forces in 2007. He received Bachelor of Business Administration and Management (Finance) St Paul’s University in 2013. He studied at Kenya School of Monetary where he learnt serious econometrics and data analysis. He received M.sc Financial Economics from JKUAT June 2016

Détails de l'édition

• Éditeur: Scholars' Press
• Date d'édition: 2016
• Langue: anglais
• ISBN 10: 3659840262
• ISBN 13: 9783659840265
• Reliure: Broché
• Nombre de pages: 52
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible