The study investigates the relationship between mandatory contractual savings and stock market development in Sub-Saharan African (SSA). The rationale of the study is that establishing the relationship between mandatory contractual savings and stock market development is expected to guide...
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...
Download PDF ↓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...
Download PDF ↓The study was designed to explore the challenges and factors affecting government from taxing the informal sector. A mixed methods study design was adopted and 60 traders were enrolled in the study. A short survey questionnaire and in-depth interviews were used to collect data for this study....
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...
Download PDF ↓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...
Download PDF ↓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...
The study examined the determinants of restoring the culture of saving in banks among Zimbabweans over the post-independence Zimbabwe. The findings showed that there was inadequacy of savings products in the market to meet different savings requirements of the diverse population. The study also...
Download PDF ↓The purpose of this study is to conduct a detailed evaluation of Liquidity Crisis in Zambia with particular reference to the impact of the 2007-2008 Global Financial Crisis. The research will also seek to find out the impact of the Liquidity Crisis on the economy and more specifically the banking...
Download PDF ↓The transition from school to work is a critical phase in the lives of young people that has lasting effects on their entire life courses. There is lack of empirical work on gender wage and labour supply differences in Zambia, especially during the first few years spent by young workers in the...
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