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)...

Description complète

Détails bibliographiques
Auteur principal: Ayyagari, Meghana
Autres auteurs: Beck, Thorsten, Martinez Peria, Maria
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2018.
Collection:IMF Working Papers; Working Paper ; No. 2018/267
Accès en ligne:Full text available on IMF