Pederson, Glenn; Sakaimbo, Nicholas - In: Agricultural Finance Review 71 (2011) 2, pp. 148-161
agricultural credit association using historical data. The simulation model is used to evaluate the mark‐up to economic capital … that is implied by increasing credit risks due to cyclical changes in farm real estate values. Findings – The paper … values and between the PD and LGD provide evidence of how sensitive credit risk exposure is to these parameters. Originality …