Since 1970, there has been a shift from emphasis on agricultural credit to one of rural finance. There has been a broadening of emphasis on the range of functions performed by financial markets to include loans, deposits and insurance services for rural people. There has also been a narrowing of...

This paper uses real option analysis to evaluate investment decisions in ethanol facilities. First, we consider the option to expand the scale of a conventional ethanol plant. Second, we evaluate the option to choose a production technology given three drymilling choices – a conventional...

The success of various bank management strategies is evaluated using data from banks located in Minnesota during 1988-1994. These strategies are identified using a combination of data from financial statements and survey data. Each strategy is evaluated based on its effect on rate of return on...