We study how agricultural loan portfolios in commercial banks serving agricultural producers are affected by inter-annual climate variability in the Southeast U.S. - a region strongly affected by the El Nino Southern Oscillation (ENSO). We use panel data for 473 agricultural banks from six...

Microfinance Institutions (MFIs) provide financial services to the poor and resemble banks and non-profits. Many target women because more women than men are poor, especially in rural areas. Studies show that women manage money differently from men and have different leadership styles. In credit...

Governments around the world are forced to react to disasters caused by weather. The agricultural sector is particularly susceptible to weather extremes and adverse climate conditions. In the US, agricultural disaster payments account for a significant part of total agricultural subsidies. The...

We study how agricultural loan portfolios in commercial banks serving agricultural producers are affected by inter-annual climate variability in the Southeast U.S. - a region strongly affected by the El Nino Southern Oscillation (ENSO). We use panel data for 473 agricultural banks from six...

Inter-annual climate variability in the Southeastern US that affects farm productivity and cash flows is largely driven by the predictable El Nino Southern Oscillation (ENSO) phenomenon. In this paper, we evaluate the impact of the ENSO anomalies on the performance of agricultural loan...

Purpose: The purpose of this paper is to provide evidence of the positive impact of the FCS lending on farm incomes which should be useful to policymakers as they consider reforms and further support for this 100-year-old major agricultural lender. Design/methodology/approach: The authors...

In this paper, we set out to establish if there is a link between finance and economic growth in rural areas. In particular, we evaluate the relation between credit by major lenders in rural areas - commercial banks and Farm Credit System institutions - and economic growth for the period...

The aging of farmers in the US today coincides with fluctuating incomes resulting from recent market price volatility and policy changes. We evaluate how farmers' retirement or exit, as well as their disinvestment from farming in preparation for retirement, are affected by economic and...

Recent work shows that the weather affects U.S. labor productivity and supply (e.g., Deryugina and Hsiang, 2016). Although agricultural economists have identified factors that affect farmers' allocation of labor between on- and off- farm work, they have not related labor supply to weather. We...

This paper studies the relation between board size and composition and cost savings (scope economies) from combining savings mobilization and lending by Microfinance Institutions. The findings support the hypothesis that employee representation on the board is associated with positive scope...