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Variable Rate Loans Increase Efficiency but Not Necessarily Borrowers' Consumption of Financed Goods

Working Paper 285 | Published November 1, 1985

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Authors

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William Roberds

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Michael J. Stutzer Professor of Finance, University of Iowa

Variable Rate Loans Increase Efficiency but Not Necessarily Borrowers' Consumption of Financed Goods
Published in _Journal of Urban Economics_ (Vol. 24, Iss. 1, July 1988, pp. 27-37), https://doi.org/10.1016/0094-1190(88)90044-7.