Using repeated cross section data, this study identifies how changes in income (defined over different ranges of income change) affect changes of farm household consumption. OLS regression confirms that the number of members within a farm household positively affects changes of consumption at...

Using a balanced panel of 184 unique Illinois farmers from 2000 to 2006, this study identifies the most pertinent factors that explain farmer repayment capacity. After correcting for endogeneity bias caused by farmer-specific effects by running a fixed effects regression model, we find that the...