Arbeitspapier

Off-farm income and risk reduction in agriculture: when does it matter?

Investment behavior is analyzed using a dynamic portfolio model including off-farm income. The correlation structure of off-farm income and asset returns and the ratio of off-farm income to wealth is shown to affect portfolio choice. Empirical analysis indicates that off-farm income tends to increase farm assets.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 95-14

Classification
Wirtschaft
Subject
Agriculture
Farm income
Wages

Event
Geistige Schöpfung
(who)
Andersson, Hans
Ramamurtie, B. Sailesh
Ramaswami, Bharat
Event
Veröffentlichung
(who)
Federal Reserve Bank of Atlanta
(where)
Atlanta, GA
(when)
1995

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Andersson, Hans
  • Ramamurtie, B. Sailesh
  • Ramaswami, Bharat
  • Federal Reserve Bank of Atlanta

Time of origin

  • 1995

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