Rural Financial Market Performance: Implications of Low Delinquency Rates
分析哥斯达黎加农业贷款违约率低的原因，发现有效的信息收集技术和低于均衡利率的贷款激励是关键，这对研究农村金融市场的学者有参考价值。
Abstract In contrast to most developing countries, nonrepayment of agricultural loans has not been a problem for the Costa Rican banking system. Delinquency rates have in fact been lower for agricultural than nonagricultural loans and lowest on loans to small farmers. This good performance is due largely to efficient techniques developed for gathering information about potential borrowers and incentives for borrowers to repay promptly to maintain access to bank loans which carry interest rates substantially below equilibrium. The pattern of low delinquency rates reflects the structure of low interest rates which causes farmers, especially small farmers, to be rationed most severely.