Download the full text of this paper in Adobe Acrobat 4.0 PDF format - (285 KB)
DOWNLOAD ACROBAT® READER SOFTWARE
Investment behavior is analyzed using a dynamic portfolio model including off-farm income. The correlation structure of off-farm income and asset returns and the ratio of off-farm income to wealth is shown to affect portfolio choice. Empirical analysis indicates that off-farm income tends to increase farm assets.JEL classification: D51, D52, G12, J30
To receive notification about new papers or to order copies of printed papers, please use our Publications Order Form.
