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Farm Profits, Prices and Household Behavior
LaFave, Daniel R. - 2020
The farm household model, in which decisions about production and consumption are made simultaneously, lies at the heart of many models of development. Empirically modelling these simultaneous choices is not straightforward. The vast majority of empirical studies assume that farm households...
Persistent link: https://www.econbiz.de/10012479160
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Employee Costs of Corporate Bankruptcy
Graham, John R. - 2019
An employee's annual earnings fall by 10% the year her firm files for bankruptcy and fall by a cumulative present value of 67% over seven years. This effect is more pronounced in thin labor markets and among small firms that are ultimately liquidated. Compensating wage differentials for this...
Persistent link: https://www.econbiz.de/10012479872
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The Effect of Credit Constraints on the College Drop-Out Decision A Direct Approach Using a New Panel Study
Stinebrickner, Todd R. - 2007
A serious difficulty in determining the importance of credit constraints in education arises because standard data sources do not provide a direct way of identifying which students are credit constrained. This has forced researchers to adopt a variety of indirect approaches. This paper...
Persistent link: https://www.econbiz.de/10012465312
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Bankruptcy and Small Firms' Access to Credit
Berkowitz, Jeremy - 2002
In this paper, we investigate how personal bankruptcy law affects small firms' access to credit. When a firm is unincorporated, its debts are personal liabilities of the firm's owner, so that lending to the firm is legally equivalent to lending to its owner. If the firm fails, the owner has an...
Persistent link: https://www.econbiz.de/10012469703
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Optimal Debt and Profitability in the Tradeoff Theory
Abel, Andrew B. - 2015
conventional interpretation, but consistent with empirical findings, increases in current or future profitability reduce the …
Persistent link: https://www.econbiz.de/10012457121
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Spatial Competition, Strategic Entry Responses, and the North Dakota Railroad War of 1905
Syverson, Chad - National Bureau of Economic Research - 2024
the profitability of both the incumbent's and entrant's potential and chosen strategies. I find that the incumbent could …
Persistent link: https://www.econbiz.de/10014576577
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Health Care Expenditure and Farm Income Loss : Evidence from Natural Disasters
Chang, Hung-hao; Meyerhoefer, Chad D. - National Bureau of Economic Research - 2022
Farmers have higher rates of disability and illness than the general population and more volatile incomes due to frequent crop and livestock losses from extreme weather events. This raises concerns that sudden, weather-related drops in farm income could reduce access to health care for an...
Persistent link: https://www.econbiz.de/10013190992
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Modeling Processor Market Power and the Incidence of Agricultural Policy : A Non-parametric Approach
Goodhue, Rachael E. - 2011
This paper examines interactions between market power and agricultural policy in the U.S. wheat flour milling industry using a non-parametric approach. The analysis focuses on marketing loan and pre-1986 deficiency payment programs; farmers' payments from these programs are dependent on whether...
Persistent link: https://www.econbiz.de/10012461951
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The Economic Impacts of Climate Change : Evidence from Agricultural Profits and Random
Deschenes, Olivier - 2004
This paper measures the economic impact of climate change on US agricultural land. We replicate the previous literature's implementation of the hedonic approach and find that it produces estimates of the effect of climate change that are very sensitive to decisions about the appropriate control...
Persistent link: https://www.econbiz.de/10012468027
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Seasonal Liquidity, Rural Labor Markets and Agricultural Production
Fink, Günther - 2018
input needs until the subsequent harvest. We develop a model to show that seasonal liquidity constraints not only undermine … households' ability to smooth consumption over the cropping cycle, but also affect labor markets if liquidity-constrained farmers …. Our results indicate that lowering the cost of accessing liquidity at the time of the year when farmers are most …
Persistent link: https://www.econbiz.de/10012453152