From the beginning of 2011 to the middle of 2012 the U.S. stock market did not generally perform well. This subpar performance has been largely attributed by the business media to the Eurozone crisis. The purpose of this paper is to determine the extent to which the values of U.S. food companies...

Study of profitability and risk of agricultural banks is very important in assessing the ability to adequately finance agricultural production and rural development. A recursive system of profitability and risk equations is estimated to compare the performance of agricultural with...

This paper examines delinquency, profitability, and outreach determinants of microfinance institutions’ (MFIs) performance in Russia, the Caucasus, and Central Asia. The estimation is done using the Seemingly Unrelated Regression (SUR) technique. The estimation results suggest that the...

This paper applies the stochastic Translog input distance function and stochastic frontier analysis (SFA) method to evaluate the operational efficiency of lending units within the Farm Credit System (FCS). This study’s model is applied as a comparative analytical frame work to analyze...

This paper examines delinquency, profitability, and outreach determinants of microfinance institutions’ (MFIs) performance in Russia and the Caucasus. The estimation is done using the Seemingly Unrelated Regression (SUR) technique. The estimation results suggest that Russian and Caucasian MFIs...