| Savings and Development |  |
| ISSN 0393-4551 |
Khalid Mustafa and Mohammed Nishat
Savings and Development Vol. 34(2010), No. 2, pp. 147-168
The paper determines the empirical relationship between risk, return and trading volume in the Karachi Stock Exchange (KSE) using the GARCH-M technique, and data for the time period December 1991 to December 2010. The paper contributes by [...]
Mamudu Abunga Akudugu
Savings and Development Vol. 34(2010), No. 2, pp. 169-189
Financial capital (FC) can transform self-image, unlock potential and boost the productivity and well-being of the poor. This paper assesses the access to FC by rural people in the Upper East Region (UER) of Ghana. The study results showed that [...]
Lucas Njoroge and Anne Wangari Kamau
Savings and Development Vol. 34(2010), No. 2, pp. 191-217
This paper examines the effect of macroeconomic developments on performance, credit quality and lending behaviour of banks in Kenya, by estimating a dynamic panel data model using Generalized Method of Moments. The paper finds banks’ behaviour to [...]
Frederik Eijkman, Jake Kendall and Ignacio Mas
Savings and Development Vol. 34(2010), No. 2, pp. 219-252
M-PESA is a remarkably successful mobile payments system launched in Kenya three years ago. Users are able to send money to each other conveniently from their M-PESA using only their mobile phones. A key to the success of M-PESA is the availability [...]
Azmat Gani and Jehad Yasin
Savings and Development Vol. 34(2010), No. 2, pp. 253-267
This paper tests the life cycle hypothesis that private saving rises with a higher percentage of population working and falls by higher percentages among the young and the retired, using the case of selected Pacific Island countries. Our results [...]
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