ADJUSTABLE -TERM FINANCING OF FARM LOANS

Glenn D. Pederson, Michael D. Duffy, Michael Boehlje and Robert Craven

Western Journal of Agricultural Economics, 1991, vol. 16, issue 2, 12

Abstract: Firm-level simulation is used to analyze farm financial performance with adjustable-rate, adjustable-term, and fixed-rate financing. Adjustable-term financing is accomplished by changing the term of the loan, instead of payment size, when interest rates change. Simulation results indicate that the adjustable-term loan is an innovation which reduces the cash flow destabilizing effects of volatile interest rates.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32601

DOI: 10.22004/ag.econ.32601

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