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The Premium for Risk as a Determinant of Interest Rates in Underdeveloped Rural Areas

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  • Anthony Bottomley

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.

Suggested Citation

  • Anthony Bottomley, 1963. "The Premium for Risk as a Determinant of Interest Rates in Underdeveloped Rural Areas," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 77(4), pages 637-647.
    • Handle: RePEc:oup:qjecon:v:77:y:1963:i:4:p:637-647.
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    Cited by:

    1. Meyer, Richard L. & Nagarajan, Geetha, 1992. "An Assessment of the Role of Informal Finance in the Development Process," 1991 Conference, August 22-29, 1991, Tokyo, Japan 183352, International Association of Agricultural Economists.
    2. Platteau, J.-Ph. & Abraham, A., 1985. "An Inquiry Into Quasi-Credit Systems In Traditional Fishermen Communities: The Role Of Reciprocal Credit And Mixed Contracts," Discussion Papers 272827, University of Warwick - Department of Economics.
    3. Maanik Nath, 2022. "Credit risk in colonial India," Economic History Review, Economic History Society, vol. 75(2), pages 396-420, May.
    4. Augendra Bhukuth & Jérôme Ballet & Katia Radja, 2018. "An Analysis of Social Proximity and Interest Rate in Rural South India," Post-Print hal-01877007, HAL.
    5. Anthony Bottomley, 1980. "Western Textbook Theory and the Developing Countries," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 19(2), pages 143-157.
    6. Geron, Maria Piedad S., 1989. "Microeconomic Behavior of Agents in a Credit-Output Market in an Agricultural Setting," Philippine Journal of Development JPD 1989 Vol. XVI No.1-a, Philippine Institute for Development Studies.
    7. Barham, Bradford L. & Boucher, Stephen & Carter, Michael R., 1996. "Credit constraints, credit unions, and small-scale producers in Guatemala," World Development, Elsevier, vol. 24(5), pages 793-806, May.

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