...Elena Fedorova; Elena Meshkova Purpose This paper aims to examine the relationship between monetary policy and market interest rates. This paper examines the efficiency of interest rate channel used in monetary regulation as well as implementation of monetary policy under low interest rates...

...Roseline N. Misati; Esman M. Nyamongo; Anne W. Kamau Purpose This study aims to quantitatively measure the size and speed of monetary policy interest rate transmission to long‐term interest rates in Kenya. Design/methodology/approach The study uses autoregressive distributed lag specification...

... enabled us to test the hypothesis of neoclassical and neo‐structuralist economists advocating a significant relationship between microfinance savings and liberalised real bank deposit interest rates. Findings The statistical analysis carried out indicated that microfinance savings are associated...