How Long to Read Do Interest Rate Controls Work? Evidence from Kenya

How Long Does it Take to Read Do Interest Rate Controls Work? Evidence from Kenya?

It takes the average reader and 21 minutes to read Do Interest Rate Controls Work? Evidence from Kenya by Mr.Emre Alper

Assuming a reading speed of 250 words per minute. Learn more

Description

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 effect of what was intended. Specifically, it has led to a collapse of credit to micro, small, and medium enterprises; shrinking of the loan book of the small banks; and reduced financial intermediation. We also show that interest rate caps reduced the signaling effects of monetary policy. These...

How long is Do Interest Rate Controls Work? Evidence from Kenya?

Do Interest Rate Controls Work? Evidence from Kenya by Mr.Emre Alper is 21 pages long, and a total of 5,271 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Do Interest Rate Controls Work? Evidence from Kenya Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 28 minutes to read Do Interest Rate Controls Work? Evidence from Kenya aloud.

What Reading Level is Do Interest Rate Controls Work? Evidence from Kenya?

Do Interest Rate Controls Work? Evidence from Kenya is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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