Economics, Econometrics and Finance
3 years ago

Monetary policy in Morocco boosts small business access to financing.

SSRN Electronic Journal
Firm-Level Data and Monetary Policy: The Case of a Middle-Income Country
Lahcen Bounader, Mohamed Doukali

Paper Summary

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The study looked at how monetary policy affects small and medium businesses in a middle-income country. By analyzing financial data from over 58,000 Moroccan firms, the researchers found that monetary policy does impact these businesses' ability to get bank loans. They also discovered that specific factors within each firm play a big role in how they decide to finance their operations.