Professor Luis-Alberiko Gil-Alaña presented an overview of the econometric investigations that he has performed during the last two years together with his coauthors on several issues of great interest concerning Kenyan economy. Making use of the technique of long memory and fractional integration in time series, to which he has highly contributed during the last fifteen years, he provided his audience with a clear idea of certain aspects that should be improved  regarding certain aspects of the Kenyan economy.

According to his results, fiscal policy is conducted in a more a...