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I. Introduction, 397. — II. Variation in optimal loan with interest rate on a fixed-size investment, 399. — III. Variation in optimal loan with interest rate on an open-end investment, 405. — IV. Aversion to risk and other factors which reduce variability in interest rates, 408. — V. Factors which cause some variation in interest rates, 415.
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Freimer et al. (Sun,) studied this question.
www.synapsesocial.com/papers/6a09b7e54db7968590517be9 — DOI: https://doi.org/10.2307/1882705
Marshall Freimer
Myron J. Gordon
The Quarterly Journal of Economics
University of Rochester
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