The Micro Impact of Macroprudential Policies : Firm-Level Evidence /

Combining balance sheet data on 900,000 firms from 48 countries with information on the adoption of macroprudential policies during 2003-2011, we find that these policies are associated with lower credit growth. These effects are especially significant for micro, small and medium enterprises (MSMEs)...

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Detalhes bibliográficos
Autor principal: Ayyagari, Meghana
Outros Autores: Beck, Thorsten, Martinez Peria, Maria
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2018.
Colecção:IMF Working Papers; Working Paper ; No. 2018/267
Acesso em linha:Full text available on IMF