Showing 1 - 10 of 32
Purpose – This paper aims to identify factors that affect agricultural mortgage default and prepayment. Design/methodology/approach – Using a sample of farm credit system loans, prepayment and default are modeled as competing risks with potentially non‐stationary covariates using a...
Persistent link: https://www.econbiz.de/10014667088
Some past studies of credit risk ratings migration have found trend reversals and evidence that the data‐generating process is nonstationary. Using a sample of Farm Credit System mortgages, we find no compelling statistical evidence of either phenomenon. We do find evidence that our sample of...
Persistent link: https://www.econbiz.de/10014667250
Some past studies of credit risk ratings migration have found trend reversals and evidence that the data-generating process is nonstationary. Using a sample of Farm Credit System mortgages, we find no compelling statistical evidence of either phenomenon. We do find evidence that our sample of...
Persistent link: https://www.econbiz.de/10004979846
Purpose – Anaerobic digestion (AD) of livestock waste is a potential source of renewable energy and can reduce the methane emissions associated with livestock waste storage. Because AD is capital intensive, lenders will play a key role in the adoption of this technology. The purpose of this...
Persistent link: https://www.econbiz.de/10014667095
Purpose – Anaerobic digestion (AD) of livestock waste is a potential source of renewable energy and can reduce the methane emissions associated with livestock waste storage. Because AD is capital intensive, lenders will play a key role in the adoption of this technology. The purpose of this...
Persistent link: https://www.econbiz.de/10008642036
We formulate a model that determines the net benefit of Johne's disease vaccination within a tuberculosis-accredited region given the extra costs associated with the vaccine-related cross-reactivity with tuberculosis test results and the probability of a tuberculosis outbreak. We apply the model...
Persistent link: https://www.econbiz.de/10009148282
Persistent link: https://www.econbiz.de/10011635556
Persistent link: https://www.econbiz.de/10014342115
A balanced panel data set covering 519 U.S. agricultural banks is constructed for the period 1996S2005. Cost efficiency measures of agricultural banks obtained from stochastic frontier analysis and data envelopment analysis are regressed on various bank specific characteristics to explain the...
Persistent link: https://www.econbiz.de/10014667219
Defaulting on a mortgage represents the ultimate consequence of past decisions to delay payment. While many modeling approaches are available to estimate the probability of default, most if not all require account‐level data. Further, past research has not attempted to estimate the probability...
Persistent link: https://www.econbiz.de/10014667220