The Premium for Risk as a Determinant of Interest Rates in Underdeveloped Rural Areas
- 1 November 1963
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 77 (4) , 637-647
- https://doi.org/10.2307/1879454
Abstract
Introduction, 637. — I. Secured loans, 638; the marketability of collateral, 639; movements in the market value of collateral, 639. — II. Unsecured loans, 641; willingness to repay, 642; ability to repay, 643. — III. Conclusions, 646.Keywords
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