Finance-growth nexus and inflation dynamics in Kenya: an empirical investigation
Nicholas M. Odhiambo
Savings and Development Vol. 33(2009), No. 1, pp. 7-25
This study takes a fresh look at the direction of causality between financial development and economic growth in Kenya by examining the impact of inflation on the finance-growth nexus. The empirical results reveal that economic growth Granger-causes [...]