The theory of collateral

Research output: Contribution to journalArticlepeer-review


This paper develops a model of the loan market, noting interrelationships between size of loan, collateral arrangements, interest rate, maturity and repayment schedule. Collateral quality is explored.

Original languageEnglish
Pages (from-to)401-419
Number of pages19
JournalJournal of Banking and Finance
Issue number3
StatePublished - Sep 1985
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


Dive into the research topics of 'The theory of collateral'. Together they form a unique fingerprint.

Cite this