000123607 001__ 123607 000123607 005__ 20210819132551.0 000123607 0247_ $$2doi$$a10.22004/ag.econ.123607 000123607 037__ $$a411-2016-25740 000123607 041__ $$aeng 000123607 245__ $$aPricing farm loans for credit risk 000123607 260__ $$c2000 000123607 269__ $$a2000 000123607 300__ $$a32 000123607 336__ $$aConference Paper/ Presentation 000123607 520__ $$aThis article analyses the risk-return efficiency of limits to which loan pricing accounts for credit risk in the Australian-farm sector. A key issue faced by banks is the trade-off between raising returns through higher risk premiums and the possibility of impairing credit quality. The simulation results suggest that the stochastic efficiency of the size of risk-pricing limits is positively related to volatility of farm income when dynamic relationships are considered. This finding implies that Australian banks should price further across the credit-risk spectrum to farm businesses with relatively volatile incomes compared to those with stable incomes. 000123607 546__ $$aEnglish 000123607 650__ $$aAgricultural Finance 000123607 650__ $$aRisk and Uncertainty 000123607 700__ $$aBramma, Keith M. 000123607 8564_ $$976beeb3a-b9a7-4603-b64d-ee00fe0b181d$$s276636$$uhttps://ageconsearch.umn.edu/record/123607/files/Bramma.pdf 000123607 887__ $$ahttp://purl.umn.edu/123607 000123607 909CO $$ooai:ageconsearch.umn.edu:123607$$pGLOBAL_SET 000123607 912__ $$nSubmitted by Elizabeth Hilber (hilb0033@umn.edu) on 2012-05-18T19:25:19Z No. of bitstreams: 1 Bramma.pdf: 276636 bytes, checksum: d1bb120f2da58f0a8e0b73eac1553585 (MD5) 000123607 912__ $$nMade available in DSpace on 2012-05-18T19:25:21Z (GMT). No. of bitstreams: 1 Bramma.pdf: 276636 bytes, checksum: d1bb120f2da58f0a8e0b73eac1553585 (MD5) Previous issue date: 2000 000123607 913__ $$aLicense granted by Elizabeth Hilber (hilb0033@umn.edu) on 2012-05-18T19:21:54Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000123607 980__ $$a411 000123607 982__ $$gAustralian Agricultural and Resource Economics Society>2000 Conference (44th), January 23-25, 2000, Sydney, Australia