Credit Risk Migration Experienced By Agricultural Lenders
Gloy, Brent A.; LaDue, Eddy L.; Gunderson, Michael A.
Loan records and lender credit risk classifications are used to examine agricultural credit risk migration. The results include estimates of the likelihood of borrowers transitioning among five credit risk tiers. The paper also examines factors that influence or predict credit risk migration and its impact on loan pricing.
WP 2004-08 May 2004
Charles H. Dyson School of Applied Economics and Management, Cornell University
credit risk; agricultural lending; credit risk migration; credit quality