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)...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ayyagari, Meghana
Weitere Verfasser: Beck, Thorsten, Martinez Peria, Maria
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2018.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2018/267
Online Zugang:Full text available on IMF