Do Interest Rate Controls Work? : Evidence from Kenya /

This paper reviews the impact of interest rate controls in Kenya, introduced in September 2016. The intent of the controls was to reduce the cost of borrowing, expand access to credit, and increase the return on savings. However, we find that the law on interest rate controls has had the opposite ef...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Alper, Emre
مؤلفون آخرون: Clements, Benedict, Hobdari, Niko, Porcel, Rafel Moya
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/119
الوصول للمادة أونلاين:Full text available on IMF