densities) areinvestigated in relation to the hedging strategies. Consequently, we can make adistinctionbetween statistical …

A new Bayesian multi-chain Markov Switching GARCH model for dynamic hedging in energy futures markets is developed by … different hedging components. Our formulation also provides an avenue to analyze the contribution of the volatility dynamics and … framework with regime-switching models allows the definition of a robust minimum variance hedging strategy to also account for …

Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited … sample of smallholder farmers in rural Mozambique. This sample included a set of primary farmers and their closest farming … fertilizer salience in the remunerated savings treatment may have been important to focus farmers' (limited) attention on saving …

farmers that have less experience or do not have crop insurance are more likely to adopt productivity enhancing activities. We … also find farmers are less likely to spend on output related items (additional farming acreage), as opposed to productivity … that financing increases farmers' willingness or ability to adopt productivity enhancing activities. Combined, our findings …

evaluation tools. In doing so, we unify the theory of normal backwardation with theory of storage, macroeconomic general … equilibrium with multiple equilibria and microeconomic agents, basis trading with arbitrage strategies, and the hedging response …

management. Farmers are generally not adhering to present-day policy and “keeping their land in good agricultural and … environmental condition”. A range of suggested changes in policy and practice is offered, ranging from educating farmers on erosion …

-classical equilibrium theory. The fourth approach takes an intermediate position, since spill-over on segmented loan markets reveals a …

of non-credit constraint farmers. Moreover, as far as the cost of agricultural policy is concerned, other agricultural … support tools are less effective. The numerical application shows that the farmer’s economic equilibrium is mostly sensitive … Landwirte führen, die nicht kreditrationiert sind, wodurch auch eine Verdrängung privater zugunsten öffentlich geförderter …