Financial institutions still neglect to address agricultural clients. The main reasons for that are their perception that farmers bear higher risks than non-farmers and that their loan products are inadequate to accommodate the needs of agricultural entrepreneurs. As a result, many farmers still...

The analysis of household energy consumption patterns is critical for evaluating public mechanisms, such as subsidies and social tariffs that aim to provide lower income earners with better access to energy sources. This paper focuses on Mexican households to analyze the relations between their...

We propose Multivariate Tobit models with a factor structure on the covariance matrix. Such models are particularly useful in the exploratory analysis of multivariate censored data and the identification of latent variables from behavioral data. The factor structure provides a parsimonious...