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Tax-Deferred Risk Management Accounts For Farmers

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  • Monke, James D.

Abstract

Income tax incentives directly affect the economic feasibility of proposals for tax-deferred risk management accounts. Data indicate that despite clear financial advantages from tax deferment and reduced income variability, income targeting may preclude many farmers from contributing enough money for accounts to be effective.

Suggested Citation

  • Monke, James D., 1997. "Tax-Deferred Risk Management Accounts For Farmers," 1997 Annual meeting, July 27-30, Toronto, Canada 21025, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea97:21025
    DOI: 10.22004/ag.econ.21025
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    File URL: https://ageconsearch.umn.edu/record/21025/files/spmonk01.pdf
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    References listed on IDEAS

    as
    1. Michael R. Langemeier & George F. Patrick, 1993. "Farm Consumption and Liquidity Constraints," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(2), pages 479-484.
    2. Gordon L. Carriker & Michael R. Langemeier & Ted C. Schroeder & Allen M. Featherstone, 1993. "Propensity to Consume Farm Family Disposable Income from Separate Sources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(3), pages 739-744.
    3. Monke, James D., 1997. "Do Farmers Need Tax-Deferred Savings Accounts to Help Manage Income Risk?," Agricultural Information Bulletins 33737, United States Department of Agriculture, Economic Research Service.
    4. Michael R. Langemeier & George F. Patrick, 1990. "Farmers' Marginal Propensity to Consume: An Application to Illinois Grain Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 309-316.
    5. Kevin Z. Chen & Karl D. Meilke, 1996. "A Reevaluation of Canada's Safety Net Programs for Agriculture," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 44(4), pages 361-368, December.
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    Cited by:

    1. Amber Remble & Maria Marshall & Roman Keeney, 2014. "Household Saving Behavior and the Influence of Family-Owned Business," Journal of Family and Economic Issues, Springer, vol. 35(3), pages 411-422, September.

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    Keywords

    Risk and Uncertainty;

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