Ramsey, A. Ford; Goodwin, Barry K. - In: Journal of risk and financial management : JRFM 12 (2019) 2/65, pp. 1-21
The federal crop insurance program covered more than 110 billion dollars in total liability in 2018. The program … VaR is complicated by the non-homogeneous nature of crop insurance portfolios. We consider several different scenarios for …