Interest rate caps : the theory and the practice (English)

Ceilings on lending rates remain a widely used policy tool that is intended to lower the overall cost of credit or protect consumers from exorbitant rates. Interest rate caps come in many forms and scopes and, according to their rationale, ceilings can affect a small segment or the overall market. Over the past years, many countries have introduced new or tightened existing restrictions, while only a few have removed or eased them. This paper takes...

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Author

Ferrari,Aurora;

Masetti,Oliver;

Ren,Jiemin;
Document Date
2018/04/03
Document Type
Policy Research Working Paper
Report Number
WPS8398
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2018/04/03
Disclosure Status
Disclosed
Doc Name
Interest rate caps : the theory and the practice
Keywords
interest rate cap

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Citation

Ferrari,Aurora; Masetti,Oliver; Ren,Jiemin.

Interest rate caps : the theory and the practice (English). Policy Research working paper|no. WPS 8398 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/244551522770775674

Interest rate caps : the theory and the practice (English)

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