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| Registros recuperados: 10 | |
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| Vedenov, Dmitry V.; Miranda, Mario J.; Dismukes, Robert; Glauber, Joseph W.. |
| The paper presents an economic analysis of the Standard Reinsurance Agreement (SRA), the contract that governs the relationship between the Federal Crop Insurance Corporation and the private insurance companies that deliver crop insurance products to farmers. The paper outlines provisions of the SRA and describes the modeling methodology behind the SRA simulator, a computer program developed to assist crop insurers and policymakers in assessing the economic impact of the Agreement. The simulator is then used to analyze how the SRA affects returns from underwriting crop insurance at various levels of aggregation. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Risk and Uncertainty. |
| Ano: 2004 |
URL: http://purl.umn.edu/20345 |
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| Smith, Vincent H.; Glauber, Joseph W.. |
| The 1996 Farm Bill, now known as the FAIR (Federal Agricultural Improvement and Reform) Act of 1996, has been portrayed as reforming U.S. agricultural policy. Gone are set aside and base acreage controls over farm planting decisions. Gone, too, are deficiency payment programs that provided protection against downward price movements for producers of program commodities. According to conventional wisdom, the FAIR Act provides an environment in which farmers enjoy greater production flexibility, but face much more risk. In fact, careful examination of the FAIR Act innovations leads to the conclusion that no radical changes have been made in food and feed grain agricultural policies, and that it is unlikely that the FAIR Act will cause large changes in crop... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural policy; 1996 Farm Bill; Feed and food grains; Agricultural and Food Policy; Q1. |
| Ano: 1997 |
URL: http://purl.umn.edu/29170 |
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| Registros recuperados: 10 | |
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