Financial intermediaries and the design of loan contracts within the Australasian pastoral sector before the Second World War
Simon Ville and Grant Fleming, Financial intermediaries and the design of loan contracts within the Australasian pastoral sector before the Second World WarThis paper examines the pooling and separating contracts designed by Australasian financial intermediaries in the late nineteenth and early twentieth centuries. We show that, after an initial screening process, these agents altered interest rates and collateral requirements to separate out risk types to reveal additional information on borrowers. In multi-period contracts, agents opted for flexible contract structures which permitted changes in individual or community-wide circumstances.
Volume (Year): 7 (2000)
Issue (Month): 02 (October)
|Contact details of provider:|| Postal: |
Web page: http://journals.cambridge.org/jid_FHR
When requesting a correction, please mention this item's handle: RePEc:cup:fihrev:v:7:y:2000:i:02:p:201-218_00. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.