A simple enquiry on heterogeneous lending rates and lending behaviour

⅛>

Λ" ,O⅛ .Or^l ₁⅛ ιθi^x ,θi^x ,C⅛^l ,C⅛^l .C⅛≈

AREA 2

⅛>

>J^l >oJ^x >oJ^x ,<⅛^l .<⅛^l .<⅛

AREA 3

25

20 +

15 +

10 +

^llend.rate from b.3 to c3

lend.rate from b.3 to c4

lend.rate from b.3 to c5

lend.rate from b.3 to cl

0 Illl

ιιιιιιιιιι

Λ^, ,d⅛ .dr^l ₁dr^l ιθ}^x ,o}^x ,c⅛^l ,c⅛^l .c⅛≈ ₄c⅛≈

√¾∖ _o>\ r¾V c?\ oλ c?\ oλ o>∖ r¾V o>∖ r¾V c?\ oλ c?\ oλ o>∖ r¾∖
κ∖^ζi       κ∖^ζi       κ∖^       κ∖^       κ∖^       κ∖^       κ∖^       k\^Q       кФ

^f⅛^{4      f}⅛⁴ 9? ^f⅛⁴ 9? ^f⅛^{4      f}⅛^{4      f}⅛⁴ 9? ^f⅛⁴ 9? ^f⅛⁴ ?P ^f⅛⁴

⅛>

AREA 4

18