Interest Rate Caps : The Theory and The Practice

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...

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Bibliographic Details
Main Authors: Ferrari, Aurora, Masetti, Oliver, Ren, Jiemin
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/244551522770775674/Interest-rate-caps-the-theory-and-the-practice
http://hdl.handle.net/10986/29668