Variable and Fixed Rate Loans: Determinants of Borrower Demand

Farmers and lenders continually make decisions about fixed and variable rate financing. Conditions are derived and illustrated under which risk-averse farmers will choose to borrow more under each type of financing and under which they will prefer each type of financing when debt is unconstrained or predetermined.


Issue Date:
May 01 1989
Publication Type:
Working or Discussion Paper
Language:
English
Total Pages:
36




 Record created 2017-07-12, last modified 2017-08-29

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