Oduor, Jacob

Jacob Oduor joined the Bank in November 2012 as Principal Research Economist at the Development Research Department.  He holds a Ph. D. in Economics from the University of Bielefeld in Germany with specializations in Econometrics and Macroeconomics.   Before joining the Bank he was Director of Research at the Centre for Research on Financial Markets and Policy at the Kenya Bankers Association (KBA).  Prior to that Jacob   was a Senior Research Analyst at the Kenya Institute of Public Policy Research and Analysis (KIPPRA) in Kenya where he had worked since 2002. He has also served as a lecturer in the Department of Econometrics and Statistics at Kenyatta University, Kenya where he taught for seven years. 

His main research interests are in the areas of macroeconomics (theory and policy), macromodelling and impact evaluation.  He has extensive experience in macroeconomic policy analysis and macroemodelling, having been involved in policy advice to the government of Kenya as a member of Macro Working Group in Kenya.  Jacob has trained several African Countries’ Policy Advisers on Econometric Modeling and Forecasting including staff from Central Bank of Mozambique and the East African Community Central Banks.

Moreover, he has been involved in many initiatives including the revision of the KIPPRA Treasury Macro Model (KTMM), the national model used for macroeconomic forecasting in Kenya, and the revision of the Kenya Revenue Authority’s Revenue Forecasting Model.   Jacob has also extensive experience on impact evaluation and has led impact evaluation studies funded by different organizations including the Bill and Melinda Gates Foundation.  He has published in several international peer reviewed journals, including Economic Modelling, the Journal of Policy Modelling, and Journal of Development Effectiveness.

Selected Publications:

1. Oduor J. (2009), Exchange Rate Overshooting and its Transmission through the Monetary Policy in Kenya. Shaker Verlag, Aachen Germany. ISBN:978-3-8322-7898-4
2. Oduor J. (2008), Impacts of the Real Exchange Rate Misalignments on Trade Creation and Diversion within Regional Trading Blocs: The Case of COMESA, Shaker Verlag, Aachen Germany. ISBN:978-3-8322-7380-4
3. 3.Oduor J., Kamau A. W., Mathenge E.M. (2009), “Evaluating the Impacts of Micro-franchising the Distribution of Anti-malarial Drugs in Kenya”, Journal of Development Effectiveness, Vol. 1, No. 3, September 2009, pp 353-377.
   • Oduor J., Kamau A. W., Mathenge E.M. (2009), “Evaluating the Impacts of Micro-franchising the Distribution of Anti-malarial Drugs in Kenya”, The Global Development Network (GDN) Working Paper Series No. 3
4. Gichuki J., J Oduor and G. Kosimbei, “The Choice of Optimal Monetary Policy Instrument for Kenya’, International Journal of Economics and Management Sciences, Vol.1 No.9 2012,
5. Oduor J., S. Karingi and S. Mwaura (2011), “Efficiency of financial market intermediation in Kenya: A comparative analysis”. Journal of Policy Modeling vol. 33(2), pages 226-240, March
6. Oduor J. (2010), “Are Factor Restrictions Appropriate in Growth Accounting Estimations?” Economic Modeling, Vol. 27, Issue 2, pp 595-604.
   • Oduor J. (2010), Are Factor Shares Appropriate in Growth Accounting Estimations? ”, KIPPRA Discussion paper No.107, Nairobi Kenya.
7. Oduor J. and D. Khainga, (2010), “Economic Policy and Total Factor Productivity in Kenya”, KIPPRA Discussion paper No. 111, Nairobi Kenya.
8. Oduor J., M. Ikiara, N. Mwongera, P. Kamau, C. Onyango, J. Mutua and N. Laibuni (2010), “Should Kenya Revert to Price Controls?” KIPPRA Policy Paper No 4/2010, Kenya Institute for Public Policy Research and Analysis. Nairobi Kenya.
9. Mathenge N, J. ,Oduor J., J Sirengo, D. Khainga, B. Kiriga, R, Gakuru and M. Njenga, (2009) “Implications of the Global Financial Crisis in Kenya”, KIPPRA Discussion paper No. 106. KIPPRA, Nairobi Kenya.
10. Ouma S., D. Khainga, W. Wasala, J. Oduor, A. Kamau, M. Wagacha, (2006), Monetary Policy Reaction Function for Kenya. KIPPRA, Discussion Paper No. 58. Kenya Institute for Public Policy Research and Analysis. , Nairobi Kenya.
11. Oduor J., and D. Khainga (2009),“Effectiveness of Official Development Assistance (ODA) on Poverty Reduction in Kenya” Global Development Network (GDN) Working Paper No. 34, September 2009.