Banking

A currency dealer counts Kenya shillings at a money exchange counter in Nairobi (REUTERS/Antony Njuguna).

Paper | Africa Growth Initiative Working Papers

A Theoretical Framework for Kenya's Central Bank Macroeconometric Model

May 2013, Maureen Were, Anne W. Kamau, Moses M. Sichei and Moses Kiptui

Maureen Were, Anne W. Kamau, Moses M. Sichei and Moses Kiptui examine the theoretical framework for the Central Bank of Kenya (CBK) macroeconometric model and its usefulness in aiding the policymaking process.

Recent Activity

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Letter to the Editor | Financial Times

Banking Has to Become Boring Again

April 29, 2013, Lex Rieffel
Opinion

Currency Wars: This Time, Is It for Real?

April 10, 2013, Jacques Mistral
Opinion | Real Clear Markets

Excessive Bank Equity Rules Would Slow the Economy

April 9, 2013, Douglas J. Elliott
In the News

If every country tries to race towards the lowest rate, then in the end nobody gains. If you believe there should be no government at all, then fine. But if you believe some government is good, then you cannot have a system that erodes the tax base in all major countries.
March 28, 2013, Kemal Derviş, New York Times
Opinion

Cyprus as Another Euro-Solution

March 27, 2013, Jacques Mistral
Opinion | CIGI

Is Russian Peter Being Used to Pay the Cypriot's Paul?

March 21, 2013, Bessma Momani
Opinion | Il Sole 24 Ore

If Europe Doesn't Stand Up After Cyprus

March 20, 2013, Carlo Bastasin
In the News

I do think building up the capital of the banks would give them the confidence to be more aggressive on the lending side. It is absolutely imperative that the incentive structure built into compensation be aligned with financial stability.
March 11, 2013, Donald Kohn, Wall Street Journal
Paper

Higher Bank Capital Requirements Would Come at a Price

February 20, 2013, Douglas J. Elliott
Opinion | Real Clear Markets

Obama's SOTU Should Promote a Continued Path to Financial Reform

February 12, 2013, Michael Barr