Work

Credit score migration analysis of farm businesses: conditioning on business cycles and migration trends

Year: 2004

Type: article

Abstract: This study examines credit score migration rates of farm businesses, testing whether migration probabilities differ across business cycles. Results suggest that agricultural credit ratings are more likely to improve during expansions and deteriorate during recessions. The analysis also tests whether agricultural credit ratings depend on the previous period migration trends. The findings show that credit score ratings exhibit trend reversal where upgrades (downgrades) are more likely to be followed by downgrades (upgrades).

Source: Agricultural Finance Review

DOI: 10.1108/00215090480001150

Authors: Jill M. Phillips, Ani L. Katchova

Institution: University of Illinois Urbana-Champaign

Language: English

Topic: Credit Risk and Financial Regulations

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Zero hunger

Open Access status: green

OpenAlex ID: W2129750748

FWCI: 2.888

Cites: 15

Cited by: 17

Related to: 10