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...
Автор: | |
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Інші автори: | , , |
Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2019.
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Серія: | IMF Working Papers; Working Paper ;
No. 2019/119 |
Онлайн доступ: | Full text available on IMF |