This study fills a gap in the knowledge of factors determining the use of Federal Home Loan Bank (FHLB) advances (loans) by small banks (commercial banks with assets of $500 million or less). Using data from the Call Report and the Summary of Deposits, the study finds that in the four years...

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...

Given the changes made to the agricultural lending system since the 1980s farm crisis, we investigate the current effects of credit availability on land values. Using data from Federal Reserve Agricultural Credit Surveys, we measure credit availability and perform county-level panel fixed...

This study compares the economic well-being of farm and nonfarm households using data from the Agricultural Resource Management Survey and the Survey of Consumer Finances. Comparisons are made in terms of income and wealth using parametric and nonparametric tests, regression analyses, and...

This article estimates the effect of diversification on farm values, where farms are valued relative to the median specialized farm having the same enterprise. Using data from the Agricultural Resource Management Study, the estimated diversification discount in agriculture is similar to the...