Zhang, Hart publish in Agricultural Finance Review
Wendong Zhang, Assistant Professor of Economics, and Chad Hart, Professor of Economics, published in the most recent issue of Agricultural Finance Review. Zhang and Hart authored the article "The impacts of interest rate changes on US Midwest farmland values." The article is a joint collaboration with Albulena Basha and is based on her master's thesis. Using state-level farmland values from 1963 to 2018, the article quantifies the effects of Federal Reserve interest rate changes on the US farmland market, focusing on the I-states, Lakes states and Great Plains states. The article is available here.
The impacts of interest rate changes on US Midwest farmland values
Albulena Basha, Wendong Zhang, and Chad Hart
Agricultural Finance Review
(Released February 2021)