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Debt overhang theory suggests that debt has a Laffer curve type of relationship with economic growth. This implies that there is a threshold value of debt, beyond which, debt accumulation will negatively affect economic growth. This paper sought to contribute to existing literature by...

This study investigates the monetary policy transmission in Zambia by examining the magnitude and speed of the pass-through from the Bank of Zambia policy rate to commercial bank interest rates using the Johansen cointegration approach. The study also investigates the symmetric/asymmetric...

Although there is widespread evidence that access to credit is critical for agricultural production, it is still unclear whether access to credit improves agricultural productivity. Productivity improvement are key to reducing wastages and sustainably increasing household incomes, and ultimately,...

This study investigated the incidence of food insecurity and its determinants among households in luapula province, Zambia. The results are based on a household Living Condition Monetary Survey data of 2015. A random effect Logistic regression model was estimated based on this data with the...

Commercial banks perform an important part in financial intermediation. Zambia, like any other nation, needs a stable banking system in order to finance private and public investments. The fruitfulness of the banking system in channelling funds from depositors to lenders is often gauged by...

Given that empirical work has revealed that the relationship between bank profitability and exchange rate fluctuations is inconclusive. This study assessed the impact of exchange rate volatility on bank profitability in Zambia. Monthly-secondary time series data was collected from the Bank of...

This study examines the impact of income taxation (corporate income tax, extractive royalty tax, and pay-as-you-earn) on economic growth in Zambia over the period 1995 to 2015. The study applied a vector error correction model (VECM). The study found that corporate income and pay-as-you earn...

Zambia’s economic history has, to some extent, been greatly influenced by the early 1970s energy oil crisis precipitated by the steep adjustment of the international oil prices following the Arab-Israeli war of 1972. Globally, energy is arguably one of the major determinants of economic growth....

Student class attendance is not only important to the performance of the education sector in Zambia, but also to the country’s economic productivity. Despite the removal of examination fees at junior secondary level, student performance in junior secondary examinations is low in Zambia. The...

There are many factors that influence females to enter the labour market. Women in most of the developing countries are underrepresented in the labour force. In this regard, the equity and efficiency related Sustainable Development Goals, in particular; ensuring inclusive and equitable quality...