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lchesang@daystar.ac.ke
+254 709 972 000
7 Publications

Dr. Laban Chesang

PhD in Economics

B.A., Economics (Egerton University), M.A., Economics (University of Botswana, Botswana), PhD., Economics (University of Pretoria, South Africa).

Title and Responsibilities

Duties and Responsibilities

  • Dean School of Business
  • Lecturing
  • Mentorship
  • Examining students
  • Theses supervision & examination

Head of Economics Department
Duties and Responsibilities

  • Coordinating the preparation of semester timetable for classes, examinations and planning of thesis defense.
  • Supporting the lecturers in their task of teaching by ensuring the availability of resources and equipment for teaching.
  • Preparing and revising, as necessary, academic program plans and calendar (teaching, research and community service) for the departments;
  • Advising and counselling the students regarding their course sequencing, choices and audit of their status; design and implement a student advisory program in the department.
  • Monitoring performance and attendance of the part-time lecturers and providing induction for new faculty, part time lecturers and visiting faculty in the department.
  • Preparing, monitoring and reporting of the departmental budgetary allocations and overseeing the utilization of budgetary resources.
  • Managing the departmental communication with other constituencies within the university.
  • Managing and Implementing change initiatives to achieve desired university plans and culture.

Biography

I am a competent economist with vast experience in University teaching, research and consultancy in Kenya and in the region. Currently, I am a senior lecturer and Head of Economics Department at Daystar University;
I have been involved in collaborative research with Kenya School of Monetary Studies (KSMS) Research Centre, and with the World Bank Group, Macroeconomic and Fiscal Management (MFM) – Kenya, as a Short-Term Consultant (STC);
I am often and actively engaged as a resource person with Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) in a number of its capacity building activities, mainly targeted at its Fellow’s Program as well as a number of In-Country missions; I am a peer reviewer for the South African Journal of Economics (SAJE);

 

I am an external examiner to University of Johannesburg, School of Economics and Econometrics; As my contribution to society I am a member of Board of Management (BOM) of Talai High School, in Baringo County, Kenya, where I Serve as the Chair of the Academic sub-Committee of the Board.

Academic Qualifications

  • Degree: PhD (Economics)
    Institution: University of Pretoria, South Africa
    Year: 2015
    Thesis Title: Essays on Monetary and Fiscal Policy
  • Degree: Master of Arts (MA) in Economics
    Institution: University of Botswana, Botswana
    African Economic Research Consortium (AERC) Scholarship)
    Year: 2005
  • Thesis Title: The performance of Kenya’s Manufactured Exports
    Degree: Bachelor of Arts (BA)
    (Specialization in Economics)
    Institution: Egerton University, Kenya
    Year: 2002

Publications (7 Publications)

Journals

  •  Chesang, L. K., & Naraidoo, R. (2016). Parameter uncertainty and inflation dynamics in a model with asymmetric central bank preferences. Economic Modelling, 56, 1-10.

  • Ndirangu, L., Kiptui, M. C., & Chesang, L. K. (2014). Public debt and its impact in financial markets in Kenya (Kenya School of Monetary Studies Working Paper Series, April 2015).

  • Ndirangu, L., Kiptui, M. C., Chesang, L. K., & Kariuki, E. (2015). Estimating a stable money demand function for Kenya (Kenya School of Monetary Studies Working Paper Series, April 2015).

  • Chesang, L. K. (2015). Macro shocks and dynamics of stock prices at the Nairobi Securities Exchange (NSE): The role of exchange rate movement. Paper presented at fourth International Conference on HRM and Management of Organizations in Africa, Daystar University, Nairobi, Kenya.

  • Chesang, L. K., & Naraidoo, R. (2013). Bank lending shocks, monetary policy and economic activity in South Africa: a Markov switching structural BVAR approach. Department of Economics Working paper series, University of Pretoria.

  • Arjoon, R., Botes, M., Chesang, L. K., & Gupta, R. (2012). The long- run relationship between inflation and real stock prices: Empirical evidence from South Africa.Journal of Business Economics and Management, 13 (4), 600-613.

  • Chesang, L. K., & Naraidoo, R. (2012). Broad versus targeted government spending and fiscal response. Department of Economics Working paper series, University of Pretoria

Research Interests

Macroeconomic Modelling and Policy

  • Monetary policy issues;
  • Fiscal policy aspects;
  • Business cycles and macroeconomic fluctuations;
  • Time series modelling and forecasting;
  • Dynamic Stochastic General Equilibrium (DSGE) modeling.

Teaches

MBA

  • Managerial Economics

Undergraduate

  • Principles of Microeconomics
  • Mathematics for Economics and Management II
  • Econometrics I
  • Econometrics II
  • Advanced Microeconomics
  • Advanced Macroeconomics

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