Replaced with revised version of paper 07/28/11. Former title: Indirect Effects of Microfinance: A Field Experiment on Formal Savings Expansion and Informal Safety Nets of the Ultra-Poor

The United States dairy industry is heavily dependent on foreign labor. Current and newly proposed U.S. immigration policies have been appointed to disrupt the agricultural labor availability, especially that of hired foreign labor. A national survey of dairy farmers across herd sizes and...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

Exogenous, unobserved factors often confound the effects of alliance networks. More capable farmers might be less likely to exit and more likely to have a large number of alliances. In this case the negative correlation between alliance network size and exit likelihood is due to the unobserved...

Replaced with revised version of paper 5/26/11.