The Impact Of Financial Instability On Adult Mortality .A Case Study Of Zimbabwe For The Year 1980-2021

Author

Sandra T Tietsi

Title

The Impact Of Financial Instability On Adult Mortality .A Case Study Of
Zimbabwe For The Year 1980-2021

Abstract

This study investigated the effect of financial instability on adult mortality for the case
of Zimbabwe employing annual time series data from 1980 to 2021. The researcher
employs an explanatory (causal) research design and used secondary data obtained
from Reserve Bank of Zimbabwe, World Bank and Zimbabwe Statistical Agency.
Johansen co-integration test was employed to establish existence of long run dynamics.
Basing on the results of the Johansen co-integration test, the findings reveal the
existence of long-run relationships between the variables. Money supply, interest rates,
economic growth, financial instability, inflation influences adult mortality negatively that
is increase in these variables decreases the adult mortality and income influences adult
mortality positively that entails that an increase in income increases adult mortality and
vice versa. Basing on findings from VECM, in the short run money supply, LIR, economic
growth and inflation rates have positive influence on adult mortality in Zimbabwe that is
an increase in these variables increases adult mortality and vice versa. The study further
investigated causal relationship using Granger causality analysis which indicated no
directional relationship between financial instability and adult mortality, GDP and adult
mortality, Income and adult mortality, inflation and adult mortality, interest rates and
adult mortality and a unidirectional relationship between money supply and adult
mortality.

Date

June 2024

Publisher

BUSE

Keywords

Adult mortality

Vector Auto regression (VAR),

Eviews

Supervisor

Mr D Kanjodo