Agricultural Finance Review Special Issue

Agricultural Finance Review journal (www.emeraldgrouppublishing.com/afr.htm) has just published a special issue commemorating 100 years of farm credit. Sponsored by the NC-1177 (Agricultural and Rural Finance Markets in Transition) the papers in this issue represent a broad swath of agricultural finance research in the USA. The special issue is guest edited by Calum G. Turvey, Ashok K. Mishra and Charles B. Moss.

As AAEA Member you can access the papers by logging into your account and checking the Resources Area. The papers are as follows:

• Guest editorial
  Ashok K. Mishra, Charles B. Moss (pp. 2 - 3)  
• Historical developments in agricultural finance and the genesis of America’s farm credit system
  Calum G. Turvey (pp. 4 - 21)
  Keywords: Farm credit system, Agricultural finances, Agricultural history, Cooperative lending, Raiffeisen banks  
• Following beginning farm income and wealth over time: A cohort analysis using ARMS
  James M. Williamson (pp. 22 - 36)
  Keywords: Agricultural Resource Management Survey, Beginning farmers, Cohort study, Farm income and wealth  
• A disequilibrium evaluation of public intervention in agricultural credit markets
  Todd Hubbs, Todd Kuethe (pp. 37 - 49)
  Keywords: Farm credit system, Agricultural credit, Disequilibrium  
• Farm entry and exit from US agriculture
  Ani L. Katchova, Mary Clare Ahearn (pp. 50 - 63)
  Keywords: Beginning farmers, Farm entry, Farm exits  
• Characterizing US dairy farm income and wealth distributions
  Joleen C. Hadrich, Christopher A. Wolf, Kamina K. Johnson (pp. 64 - 77)
  Keywords: Wealth distribution, Income inequality, Quantile regression, Gini coefficient, Dairy 
• Farm and lender structural change: implications for federal credit
  Charles B. Dodson, Bruce L. Ahrendsen (pp. 78 - 94)
  Keywords: Banks, Structural change, Bank lending, Farm credit, Farm finance, USDA  
• Modeling debt choice in agriculture: the effect of endogenous asset values
  Maria Bampasidou, Ashok K. Mishra, Charles B. Moss (pp. 95 - 110)
  Keywords: Financial stress, Endogeneity, Interest rates, Asset values, Debt choice, Variance  
• Agency cost of debt: evidence from Kansas farm operations
  Brady Brewer, Allen M. Featherstone (pp. 111 - 124)
  Keywords: Agricultural finance, Data envelopment analysis, Agency costs  
• Farm income and output and lending by the farm credit system
  Denis Nadolnyak, Xuan Shen, Valentina Hartarska (pp. 125 - 136)
  Keywords: Agricultural credit, Farm income, Agricultural output, Farm Credit System Institutions, Real estate loans  
• Forecasting Kansas land values using net farm income
  Allen M. Featherstone, Mykel R. Taylor, Heather Gibson (pp. 137 - 152)
  Keywords: Cash rent, Income capitalization model, Land values, Net farm income  
• Effects of business maturity, experience, and size on farms economic vitality: A credit migration analysis of Farm Service Agency borrowers
  Hofner Rusiana, Brady Brewer, Cesar Escalante (pp. 153 - 163)
  Keywords: Credit scoring, Agricultural lending, Credit migration  
• Agricultural credit risk and the macroeconomy: Determinants of Farm Credit Mid-America PD migrations
  Andrew M. Johnson, Michael D. Boehlje, Michael A. Gunderson (pp. 164 - 180)
  Keywords: Farm Credit System, Macroeconomic variables, Agricultural loans, Credit quality, Credit risk migration  
• Factors affecting risk-rating migration
  Allen M. Featherstone, Christine A. Wilson, Lance M. Zollinger (pp. 181 - 195)
  Keywords: Probability of default, Credit migration  
• Heterogeneity in loss aversion: evidence from field elicitations
  Thomas Sproul, Clayton P. Michaud (pp. 196 - 216)
  Keywords: Loss aversion, Prospect theory, Heterogeneity, Gaussian mixture model, Behavioural economics,Expectation maximization

The full issue is listed here: http://www.emeraldinsight.com/toc/afr/77/1

If you wish to receive the table of contents email alert of Agricultural Finance Review, please register here: http://www.emeraldgrouppublishing.com/promo/newcontentalerts.htm. It is quick and easy to do.

The Editor of Agricultural Finance Review, Calum Turvey, welcomes papers any time. To submit your work, please use https://mc.manuscriptcentral.com/afr. Author guidelines are available here.

For queries, please contact the Editor, Calum Turvey, at cgt6@cornell.edu or the Publisher, Valerie Robillard at vrobillard@emeraldgroup.com.