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...

Повний опис

Бібліографічні деталі
Автор: Alper, Emre
Інші автори: Clements, Benedict, Hobdari, Niko, Porcel, Rafel Moya
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2019.
Серія:IMF Working Papers; Working Paper ; No. 2019/119
Онлайн доступ:Full text available on IMF