Past Fellows

Maureen Were

Country: Kenya

Current base: Nairobi

Website: Kenyan Central Bank


Maureen Were is a Manager, Macroeconomic Modelling and Forecasting Division of the Research Department, Central Bank of Kenya. She is an economist by profession with a wide experience in research, policy analysis and macroeconomic modelling.

Previous work

Maureen moved to the Bank after eight-year career as a policy analyst at the Kenya Institute for Public Policy Research and Analysis. She has published and co-authored a number of research papers and articles on various topics including monetary policy in Kenya, trade, exchange rates, macroeconomic issues, modelling and gender. Her research and work interests include macroeconomics, economic modelling and policy analysis, socioeconomic policies, trade, development of Africa, gender perspectives, capacity building and mentorship activities. Maureen has a PhD in Economics.


  • Were, M. 2015. “Differential Effects of Trade on Economic Growth and Investment: A Cross-Country Empirical Investigation”, Journal of African Trade
  • Were, M. 2014. “Empirical Analysis of Monetary Policy Reaction Function in an Emerging African Market Economy”, International Journal of Economics and Business Research, Vol. 8(3), pp.340-353.
  • Were et al. 2014. “Assessing the Effectiveness of Monetary Policy in Kenya: Evidence from a Macroeconomic Model”, Economic Modelling, Vol. 31, pp. 193-201.
  • Were, M and Wambua, J. 2014. “What Factors Drive Interest Rate Spread of Commercial Banks?  Empirical Evidence from Kenya”, Review of Development Finance .
  • Seguino, S and Were, M. 2014. “Gender, Development, and Growth in sub-Saharan Africa.”, Journal of African Economies, Vol. 23, AERC Supplement 1, pp. i18–i61.
  • Were, M. and Samuel, T. 2013. “Monetary Policy Response to Economic Crises from African Economy Perspective: An Examination of Kenya’s Experience”, International Journal of Economics and Research, Vol. 4, No.2. pp 13-29.
  • Were, M. et al. 2013. “An Empirical Investigation of Exchange Rate Determination in Kenya: Does Current Account Imbalance Play a Role?”, Advances and Management and Applied Economics, Vol.3, No.2, pp.165-178.
  • Were, M. 2012. “Female Employment in the Wake of Trade Liberalisation: An Anecdote Evidence from Kenya’s Manufacturing Sector”, International Journal of Economics and Business Studies, Vol. 2, No.2, pp. 22-37.
  • Were, M. 2011. “Is there a Link between Casual Employment and Export-Orientation of Firms? The Case of Kenya’s Manufacturing Sector”, The Review of Black Political Economy, Vol. 38, No.3, pp. 227-242.
  • Were, M. and Kayizzi-Mugerwa, S. 2009. “Do Exporting Firms Pay Higher Wages?  Evidence from Kenya’s Manufacturing Sector”, African Development Review, Vol. 21, No. 3, pp. 435-453.
  • Were, M. 2007.  “Determinants of Teenage Pregnancies: The Case of Busia District in Kenya”, Economics and Human Biology, Vol.5, pp. 322-339.